James Hyerczyk His works are in 《 form - Price - Time ： The application of Gan's theory in trading system 》 The preface to the book says ：
“ My experience in futures trading shows that , Traders rely too often on form in their analysis 、 Price or time . They tend to focus on one method in their analysis , Instead of going hand in hand 、 Balanced consideration . The most common mistake is , The system revolves around the time of entering the market / Exit the market price or enter the market price / Built for exit time . Besides , Traders who use patterns often enter at poor prices or at poor times / Exit the market . These observations provide further evidence , Prove that the combination of all three methods is necessary to succeed in the market . It is on this premise that my book can be written .”
Readers can disagree with this statement . Let's try to understand how to use these methods in practice . This article is based on some of the ideas introduced in the book , Discuss with indicators and “EA transaction ” The possibility of automated transactions and analysis in the form of . therefore , For a better understanding of this article , It is recommended to read the relevant works mentioned above first （ Or at least read the first part of the book - Model ）.
1.1 Small trend
The graph of small trend is shown in Figure 1 Shown . Let's briefly introduce the rules for building small trends ：
- In the upward trend （ The maximum value of the next column is greater than the maximum value of the previous column , And the minimum value of the next column is greater than the minimum value of the previous column ）, We connect the maximum value of the next column to the previous column , Get an upward trend line ;
- In the downward trend （ The minimum value of the next column is less than the minimum value of the previous column , And the maximum value of the next column is less than the maximum value of the previous column ）, Let's connect the minimum value of the next column with the previous one , Get a downward trend line segment ;
- If during the upward trend , The maximum value of other columns shall not be greater than