ABC Waves and Porsche Dots Bundle (For ThinkorSwim) – Simpler Trading

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Summary

• Archive: https://archive.is/29EeO Included Indicators:ABC Waves Indicator The ABC Waves were built by a third party developer from an algorithm comprised of various moving averages and oscillators.

• The idea behind the waves is to visualize the overall strength and direction of a given market across multiple time frames.There are 3 separate waves that make up the ABC Waves.

• The “A Wave” measures short term relative strength and direction of a market, the “C Wave” measures longer term strength and the “B Wave” plots the same for a medium time period.Porsche Dots The Porsche Dots are a new and different way of looking at the ABC waves.

• Instead of having the waves take up the subspace on your chart, you can now apply them directly to the price action itself.The 3 "Porsche Dots" correspond to the ABC Waves.

• The yellow dot is the A wave, the blue dot is the B wave, and the magenta dot is the C wave.