DislikedI'm not sure if I should continue with this, as I personally am losing faith that it is anything more than an elaborate scheme to sell courses. The more complex and confusing the material, the longer it takes to explain, the more books and videos you need to produce to address the confusion, the more profit you make (but not from trading). It is a classic guru scam. However I also haven't yet proven that it doesn't work, only that it I don't find it appealing to my trading style and my BS detector is sounding off. I don't have any other notes prepared...Ignored
W D Gann was amongst the first to try this kinda scam in trading commodities. No superlative is sufficient to describe his elaborate hoax. Its easier reading Dostoyevsky.
Oh, it works. Like, every turning point can be predicted. In hindsight. Borderline autistic traits.
An utter waste of time. A basic knowledge of statistics (available degrees of freedom, tests of significance etc) discredits many systems such that any testing becomes irrelevant and would invariably serve only to tell you what theory suggests.
Parallels exist in neural network systems. In the early days astonishing results could be had. Until they realised that the algorithms had learnt everything they had seen ("overfitting"), and so anything they hadn't seen (new data - Black Swans every day) was met with unacceptable confidence interval tolerances. Things have progressed a bit (designers have to deliberately dumb things down, which sounds counter-intuitive), but still a waste of time for most punters.
By the way, poor writing and editing etc is not uncommon amongst gurus, although some do hire a sub-editor (like their spouse!) before going to print.