Band Template 9 Combo
Band has a Template, allowing the individual Timing Bands to be plotted
on any chart. But, Template #9 plots all three Time Bands on the same
In this chart,
the Trough-to-Crest Band and Trough-to-Trough Band would be plotted at
the same time, as the cycle low is identified by the red up-spikes in
the top window for the Trough-to-Crest Band, and in the Window below it
for the Trough-to-Trough Band.
In the top
Window, the time period for the cycle crest shows by the protrusion of
the green line into the Window. Expert
Advisor can also be used to get the exact dates and days of the
In the second
Window, the Trough-to-Trough Band would have been plotted when the cycle
low was identified, providing an element of time for the next cycle bottom
that can greatly enhance your timing and trading perspective.
cycle top is identified by an oscillator, or Mechanical Signal, the Crest-to-Trough
Band is plotted in the second Window as a green line, allowing you to
see the overlap area of the two Time Bands. Ideally, a cycle bottom will
occur in the overlap area, but this does not always occur. The key is
to watch for a Mechanical Buy Signal, or oscillator pattern to confirm
the cycle low while prices are in, or following the Timing Bands.
PT Users: Click here to view Inputs for this Timing