Patterns 12 and 13 - How to understand and use them

These patterns are NOT mirrored but only express OPPOSITE CONCEPTS

Pattern 12:

PtnBaseSA2 = ((highd0>(lowd0+lowd0*0.75/100)));

Pattern 13:

PtnBaseSA2 = ((highd0<(lowd0+lowd0*0.75/100)));

• Pattern 12: Taking the low of the day as reference, the pattern is verified if today's total range is MORE than 0.75% of today's low. That is, we have an EXPANSION trend.

• Pattern 13: Conversely, taking again the low of the day as reference, the pattern is verified if today's total range is LESS than 0.75% of today's low. That is, we have a COMPRESSION trend.

In fact we go to see if the current session max is greater than/minor than the current session low increased by 0.75%

Example:

lowd0 = 1,000.00

lowd0 + lowd0*0.75/100 = 1,007.50

If highd0 is greater/minor than 1,007.50 then the pattern is verified, otherwise it is not.