I too am still looking for an answer but getting none !!
Maybe people too busy in here
Let me explain to you what is t3bsystem.
It is a modified Darvas Box system that Buy High Sell High.
Read "How I Made $2 Million in the Stock Market: The Darvas System for Stockmarket Profits" and you wil understand the concept:
- The system make use 5 bars to form the Peak line & Trough line.
For the Peak, the previous 1 bar the HIGH must be lower, then the next 3 bars the HIGH must be lower or equal to the Peak bar.
For Trough, the previous 1 bar the LOW must be higher, then the next 3 bars the LOW must be higher or equal to the Trough Bar.
t3bsystem means
Track
The
Trend and
Breakout. So it is trend trading system.
The system includes a stacked 1/2/3 Year High n 3/6/9/Months High, low indicator, x2/3/4/5 Accumulation Volume (based on 6month). volume and a standard MACD indicator that superimpose onto the volume.
The 1st version was using the matastock for local stock market. later it migrate to Chartnexus and allow to trade global stocks, option ...etc.
The so-called K-line is actually is nothing but hidden MACD line using a parameter setting of 11,25,8 (heard of) let the public think that the owner created a new indicator. However the normal MACD 12,26,9 will do the work.
This K-Line need to work on the volume to see some unique setup, but it nothing.
On the bull trend, they trade the break out of Peak line and used the trough line as cut loss point or the 8% money management rule whichever suitable.
On the bear trend, they used manual trend line with 3 point touch OR the break of trough line method.
All the break out of Peak line and Trough Line is actually the 123 setup.
Attached Picture showing Bull market trading and Bear Market trading techniques