Momentum Wave_Trade CrossOver (click pics to study)
[showing: '4' wave with 45*/90* Targeting, Crest Tm13 & Tm21 Fences. Notice price above Crest Tm Fence has strong proclivity to complete 45* upside target level, price below Crest Tm Fence is drawn to the the 45* downside target level, (90* target levels, when triggered, are very likely to complete while price remains directionally contained by the Tm fence).]
The MTR_XOvr dll displays utility functions (1-3) and stand alone trade structures:
1.45* Targeting and 90* Splits (triggered targeting)
2.Trough/Crest Tm Fences
3.Momentum Wave display
4.Friction Vectors from Trough/Crest
5.Time/Price Levels/Zones of the Friction Vectors
6.Tm Fence Fold-Over Levels
Trade Structure Details (Trough Tm21)
User Selectable Time
(things to consider when making it your own)
[Users can select any number of Fib Time/Price points as the 'Proof-Point' of action]
The MTR_XOvr dll can be set to display the following Support/Resistance features of the Burton Momentum Wave:
1.Option to display Friction Vectors: Trough, Crest, or both (projected to selected time)
2.Option to output Directionally Biased structure based on Tm Fence selection: Trough, Crest or both
3.Option to display the Separating Time/Price Levels/Zones: Trough, Crest or both
4.Option to display Applying Time/Price Levels: Trough, Crest or both
5.Option to display 45/90* Targeting: Trough, Crest or both (or any target level in degrees of time)
6.Option to display Time Fences: Trough, Crest or both
7.Option to display the Momentum Wave
Remember This Fundamental of Learning:
Each of the vibrational components of this Wave Based tool provide
a unique 'Squared' and 'Phi Rich' structure to any chart. Successful trading comes when two things are understood:
1.The structural RELATIONSHIP of the above features (specifically created by price action) and . . .
2. Price's position in 'Relation' to this 'RELATIONSHIP'
It is suggested and highly recommended that users add only one structure and concept to their trading at a time. Complete clarity of
the trade precepts (action points) of each must be understood and internalized before a 2nd can be added successfully.
Observe . . . find what you like . . . observe . . . what speaks to you . . . observe . . . make it your own . . . use it.
This help file is about helping you accomplish that . . . review these charts often.