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ALGORITHM II
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=== '''Step VI. Check for AL price crossings''' === ==== '''6 alfa.''' ==== First it is necessary to check for the presence of a fixed t.2. If it exists, it means we are in a branch of searching for alternative models. The potential Aims Line (from t.2 to t.4), hereinafter referred to as AL, is calculated, and then: : '''6 alfa.1.''' AL Crossing Check :: '''6 alfa.1. A.''' - If there are no AL price crossings, the algorithm proceeds to step 6 alfa.2. :: '''6 alfa.1. B.''' - If AL is crossed, the next potential t.5 is determined according to Step 2, starting from bar t.5+2. : '''6.2. alfa.''' Distance Check for AL and TL Intersection : If: :: - TL and AL of the model do not intersect on the right (in the future) or :: - the ratio of the distance in bars between t.2 and t.4 to the distance between t.4 and the calculated point 6 is less than the default value of the parameter "Minimum ratio of t.2-t.4 to t.4-t.6 EAM," then the search for alternative models is terminated. Otherwise, the program proceeds to Step 9. ====''' In the general case (no precviously fixed t.2)''' ==== The program performs the following checks for each of the potential FBs: : '''6.1.''' AL Price Crossing Check (not just touching) : If AL intersects with the price on the segment between t.2 and t.4, this pair of candidates for t.1 and t.2 (this FB) is rejected. :: '''6.1.A.''' If FBs are found that give AL without intersections, the algorithm proceeds to step 6.2. :: '''6.1.B.''' If there are no suitable FBs, the algorithm looks for a new t.5 according to Step 2. : '''6.2.''' Checking for intersection of AL and TL (hereinafter referred to as calculated point 6) with each other on the right (in the future) along the time axis. : If the ratio of the distance in bars between t.2 and t.4 to the distance between t.4 and the calculated t.6 is less than the default value of the parameter "Minimum ratio of t.2-t.4 to t.4-t.6 VMP," then these candidates for t.1 and t.2 are rejected. : The following scenarios are possible: :: '''6.2.A.''' One or several potential FBs remain - in this case, the program proceeds to Step 7. :: '''6.2.B.''' There are no potential FBs left - in this case, the program looks for a new potential t.5, starting from Step 2 and onwards.
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