Special Start Points—The Left Side
Over the 15 years that I have been working with the MIDAS method, I've identified a number of situations where it is beneficial to start a MIDAS S/R curve at a point other than a price turning point. One of these, called Calibrated Curves, is so important that I'm devoting a whole chapter to it. But for the rest of this chapter, I'm showing you some other such special situations. The first of these is called the Left Side.
The standard, default starting point for an S/R curve is from a price extremum, a low or a high. Sometimes, though, an extremum is not just one price bar, but is a relatively flat consolidation region of the chart with a number of bars in it, all at approximately the same level, or where there ...
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