Advanced GET Studies - GET Time Clusters

 

The GET Time Clusters use the relationship of Pivot Points to the Fibonacci Time extensions. If you were to manually draw Fibonacci Time extensions from every Pivot Point combination on the chart, you would begin to see areas where there is clustering of various Fibonacci numbers. The GET Time Clusters are a graphical representation of these areas.

 

The GET Time Clusters study indicates where a potential change in trend may occur. The bigger the cluster, the greater the likelihood that a change in trend will happen that day. The highest point in a GET Time Cluster has the greatest probability that the corresponding time period will contain the bar that is the change in trend point. GET Time Clusters were not designed to be used alone; they should be used as a confirming indicator or as a gauge of when a change in trend will potentially happen.

 

Please note that you must purchase Advanced GET to access this study.

 

How do I apply the GET Time Clusters study?
To apply the GET Time Clusters study to a chart, left-click on the GET icon and select GET Time Clusters from the drop-down menu.
 

Alternatively, you can also right-click on the chart, when the menu appears, left-click on Insert Study, left-click on the Advanced GET tab and then select GET Time Clusters.

 

 
the get time clusters study will then appear in the study pane of the chart.

 

 

To edit the GET Time Clusters study parameters, either right-click on the chart and select Edit Chart or right-click on any of the lines of the study and select Edit.

 

 

Color: Select the color of the GET Time Clusters.

The Min Bars: Indicates the minimum number of bars allowed between Pivot Points that will be considered as valid for the GET Time Clusters calculation.

The Max Bars: Indicates the maximum number of bars allowed between Pivot Points that will be considered as valid for the GET Time Clusters calculation.

Pivots Types: Check boxes indicate what degrees of pivots will be used to calculate the GET Time Clusters.

Direction: Indicates what Pivot combinations used for the GET Time Clusters calculation. For example, if you check High <-> High, then all of the Pivot Points that are on the top part of the bar chart (changes from an up trend to a downtrend) will be used as the points used for the Fibonacci Time extensions. If High <-> Low is checked, then pivot points on both the top and the bottom part (changes in trend going both directions) of the bar chart will be used.

Ratio: Indicates the Fibonacci time Ratios used in the calculation of the GET Time Clusters.

Weight: Indicates the amount of importance the corresponding Fibonacci Time Ratio will have. If the number in all of the Weight number boxes are equal, then each one of the Fibonacci Time Ratios will have equal importance. For example, if one of the Fibonacci Time Ratios has a weight of 100, and the remaining weights are all set at 50, then its importance will be twice as much during the calculation than those having the lesser weight of 50.

 

There are no alerts available for this study