Robert24

EURCAD diagonal grids

FX:EURCAD   Euro /Đô la Canada
2
If you set up grids make them run at the speeds of angles that occur on the chart. These are not the only angle speeds that happen. I could run them 45 degrees also. This chart shows the steepest accelerations. In fact a lot of them go back a step against the grid.
The dashed vertical lines are vertical time stamp bars, to show the cycles.
It's interesting what you can see with a different perspective. EURCAD has been moving up on a shallow trendline then jumping up or down to the next level...but if you look at my shallow down trend angle, it moves in a downtrend, jumping up a level then back down. Probably like 15 degrees up and 15 degree downtrends at the same time. Notice how many times the steep accelerations climb straight up the "wall" of the grid, sometimes even leaning backwards. LOL
See what you can learn from it.
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