Traditional Tape Reading is based on price action and volume alone (without time) and unfortunately is a reaction only state. It's missing the cause factor, and therefore is incapable of measuring or predicting any further follow through event components like . . .
➢WHEN? to expect the next effect that will have
➢WHAT? affect on price and
➢WHERE? then will price be going/stopping or
even better . . .
The Burton vibrational Momentum Wave is a derivative of price over time using a Square of Nine formulation, and will be seen by the observer as causational, thereby producing numerous reaction states in both price and time which fully answer the 4 W's? expressed above.
where 'Time' is known . . .
Users will find that Time is revealed in the damping wave of momentum and traditional components of Tape Reading then are replaced by the much more informative and robust Time/Price components of 'Momentum Tape Reading' . . . hereinafter referred to as 'MTR'.
Burton Cycle Tools create a vibrational map of time/price reaction thresholds which allow the trader, at any point in time, to understand the current 'Position of Price$'.
The 5th commonly expressed W?
is you. And the question is . . . are you ready for a trading edge?