Elliot analysis and Profit taking Index

#1
Hi all,

If some one here is into Elliot wave analysis and has some good information about Profit Taking index, please help me out.
I'm stuck up with how to calculate Profit Taking Index.
You help is highly appreciated.
Thanks in advance.

Suhas
 
#3
Hello,

PTI is based on an area calculation. I don't know the formula.

Probably a ratio of price areas between pivots.

I hope this helps you in your search

BR
 
#4
Hello fellows,
I am interested in trading following Eliott Wave and am further studying ot out of the theory. What i confuse is how to calculate the TPI...what is the numbers that greater 35 or lower 35...?? And how to determine the Wave 4 channels...
If any one here could help to make me clear with these
Highly appreciated
Quy Ngo
 
U

uasish

Guest
#5
PTI > 35 is VALID otherwise that entire Wave's validity becomes doubtfull.
Wave 4 channels are there in A.Get (if you are using the same).
 
#6
Thank you for your reply and appreciated for that.
But...what i mean id the number 35 comes from where? and way to determine the wave 4 chennels. I have not yet used the GET advanced program...then if just base on the chart i use from others, i can calculate the PTI and wave 4 channels?
Thank you
Quy Ngo
 

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