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ALGORITHM II
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==='''Step I. Search For Point 3 of the External Attraction Model (EAM) and the Sarting Point of the Previous Trend.'''=== : '''1.1.''' The program looks for the first possible extreme, satisfying Single Bar Rule. Such an extreme is a candidate for potential point 3 ( potential t.3). : '''1.2.''' Next, the program checks the bars from right to left (i.e., in the past) from the bar containing the extreme candidate for point 3 to one of the following events: :: '''1.2.1.''' Found the last intersection (breakthrough) point by the price level of the candidate for point 3. ::In this case, the report displays: :: PREVdata: FullDataPrev :: The program proceeds to substep 1.3. :: '''1.2.2.''' The program reached the starting point of the chart (i.e., the price did not intersect the level of point 3 after the starting point of the chart). ::In this case, the report displays: :: PREVdata: NoFullDataPrev :: The program proceeds to substep 1.3. :: '''1.2.3.''' The price checked 300 bars preceding point 3 <ref>The depth of the search for the extreme confirming point 3 of EAM model</ref>, but the level of step 3 did not intersect at this segment. The program looks for an absolute extreme (opposite to step 3) on the segment from the 300th bar before point 3 to point 3. The program proceeds to substep 1.3. : '''1.3.''' The program looks for an absolute extreme (opposite to point 3 extreme) on the segment: ::- from the last intersection by the price level of the candidate for point 3 (inclusive) (if came from 1.2.1.), or :: - from the starting point of the chart (if came from 1.2.2.), or :: - from 300 bars(if came from 1.2.3.) :: to point 3 (excluding). :: '''1.3.1.''' Absolute extreme found. The candidate for point 3 is confirmed; moreover, the found confirming extreme is the assumed (if coming from 1.2.2. or 1.2.3.) starting point of the preceding trend.''' ::The program checks for the absence of extremes equal to point 3 between the assumed starting point of the previous trend and point 3. :::'''1.3.1.1.''' If such an extreme is found, this candidate for point 3 is discarded, and this point 3 is discarded. :::'''1.3.1.2.''' If such an extreme is not found, the program proceeds to step 2. ::'''1.3.2.''' Absolute extreme not found. This point 3 is discarded.''' ::Simultaneously with step 1, the program launches the search for the next potential point 3.
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