Many traders use First Lower Tops ("FLT") and First Higher Bottoms ("FHB") on Gann Swing Charts following significant Tops and Bottoms as entry points for trades.
Being able to quickly identify significant Tops and Bottoms, or "Pivots", along with their subsequent FLTs and FHBs and assessing their past performance as such trade entry points is very important and made easier if they are clearly identified by SHOWBAR highlights on an Optuma market chart.
Pivots are coincident with Gann Swing Chart Tops and Bottoms, but with limiting criteria in their relationship with the Bars before and after the Gann Swing Top and/or Bottom.
The significant Top and Bottom Pivots identified in these Scripts are those Gann Swing Tops and Bottoms with 11 Bars, both before and after the Pivot, which are below the Top Pivot or above the Bottom Pivot. (11 Bars on a Daily chart is approximately equivalent to half a calendar month.)
The FLT & FHB Layers and Scripts are available in two forms as:
NOTE: Review the note "Installing Optuma Layers and Scripts" to ensure the imported Layers and Scripts work as intended.
The Layers, when applied to a chart, will identify the significant Tops with a dotted vertical line and their related FLT with an Arrow above the FLT, and for the significant Bottoms, with a dashed vertical line and an Arrow below the FHB.
Included in the Layers are CHART ELEMENTs that will annotate the chart with the total number of significant Tops and Bottoms and FLTs and FHBs highlighted.
The PDF file with the FLT & FHB Scripts can be viewed and downloaded from the link below.
The Optuma Layers containing the First Lower Top & First Higher Bottom Scripts will be sent to you by email within 2 Business days of receipt of your payment of AUD$25.00.
Click here to make your Payment via the PayPal web portal.
Immediately after making your payment send an email to AuldTyma.Data@gmail.com detailing the item(s) you are purchasing with your PayPal donation/payment.
The Analysis Results, Analysis Tools and Auld Tyma Chart Data are provided on an "As Is" basis and the USER uses it at their own sole risk. No liability whatsoever shall be accepted by the Auld Tyma or Auld Tyma Data for any outcome whatsoever arising as a result of the use of that material by the USER.
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