3rd book, Trading Chaos, show more refined trades setups such. 2) Fractal display as small triangle-like signs (mine shown in light blue color.) 3) Awesome Oscillator (AO) display as histogram.
Chaos - The New Map for
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Profitunity (Chaos) Trading System by Bill Williams. The formation is affected by the way you see the market. Shown below is an example of Wiseman 3 trade setup. Actual Trades, elliott Wave, elliott Count in 60 Seconds, counting the Waves. Zzz and grrr slurps! Level the Competent trader. Why has this system become so famous? One conclusion of the author says: All the trends in the market change direction accompanied by a higher fractal number than bars leading to a change of the trend. As you see it in the above chart, the signals numbered 1 and 2 appeared to be false and closed by stop-loss. The stop-loss should be set at the low of fractal candle bar, or at the maximum of last 3-5 candles. It is no more a concept of randomness, but any chaos has a certain order.
Profitunity (Chaos trading, system
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