Summary

In this chapter, I've described:

  • The Triple Screen method of coping with the fractal nature of market.
  • The basic behavior of MIDAS S/R curves.
  • Equivolume charting.
  • Using low prices to calculate support curves and high prices for resistance curves.
  • Trend following with MIDAS S/R curves.
  • Special launch points for MIDAS S/R curves other than extrema.

Get MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.