This interesting system was created by Russian trader TAV.
I translate his posts from russian forum.
Sorry for my bad english.
Main idea of this system is "Flat is our friend!".
At first, find the first vibration(or first wave - first move of new trend).
In this picture i marked it with yellow circle.
Find low point at this vibration and draw a line through the point.
Then, draw the vertical line through that point.
Then find local high and low, and draw a lines through them. So we get a square(It is not always square.).
Then draw other lines at the same distance from the previous line. (By price and by time) Like this:
You can also draw the lines in the middle of these ranges. (I draw it dashed.)
I translate his posts from russian forum.
Sorry for my bad english.
Main idea of this system is "Flat is our friend!".
At first, find the first vibration(or first wave - first move of new trend).
In this picture i marked it with yellow circle.

Find low point at this vibration and draw a line through the point.

Then, draw the vertical line through that point.

Then find local high and low, and draw a lines through them. So we get a square(It is not always square.).

Then draw other lines at the same distance from the previous line. (By price and by time) Like this:

You can also draw the lines in the middle of these ranges. (I draw it dashed.)
