|
Parabola Projection Method |
|
|
Parabola Projection Method The Parabola Projection method uses curve-fitting to project theoretical future market movement as parabolas (drawn in blue and orange). The prices that generate the parabolas are denoted by the orange segment of a parabola line. | | | | There are usually multiple parabolas generated for a trend outcome; often there is only one projection. The parabola projections cannot be manufactured, appearing only when there are sufficient prices in a trend. | | | | It is useful to observe the parabola projections over time to see the markets make completed parabolas. | | | | The projections shown are for weekly, daily and half-hour time frequencies. |
|