Hi,
I use both the log and normal scales... the both are used and will there fore both generate different angles of support for the bears / bulls.
I then correlate the nested series of argument pennants to the fibonacci levels (either horizontal for movement within the mean of the pennant, or at an angle of support for movements near that support).
Every time...
Simple 15min time-frame strategy which works well with so far XMRETH , ETHBTC, LTCBTC , DASHETH
Does not work well with FX, Commods, BTCUSD , XMRBTC
ETHBTC: (7% return over ~2 months = ~3.5% a month return on investment, 0.24% max drawdown, total of 13 trades = ~ 1 trade every 4-5 days)
Uses:
1. Nested bollingers (multiple lengths)
2. MACD
3. Fibo...