Once one understands the concept of measured moves and some of the ideas Larry Pesavento and Bryce Gilmore (aka BBG) used for trading, then he can apply it to a chart without running WaveTrader.
Btw, some of futures.io (formerly BMT) members like @dorschden, @mk77ch have written a similar approach like Bryce did it with WaveTrader.
Although WT is more specific then Mikes mkHarmonicsPackage. WT defines in front several swing possibilities.
From my point of view Mike could add it into his Harmonics Package if he see the concept behind Bryce WaveTrader. There is nothing special or secret behind it.
Glad to see there is someone out there! I have been into BG's stuff for years. I agree with you that global trading styles have changed substantially since Bryce was trading, this seems to have reduced the hit rates of the measured moves and his combination setups etc. The thing is though, I still see the 1:1 DD's and CN's causing markets to reverse direction to the point, often enough for it to be more than just randomness. The tight reversals make them alluring opportunities from risk/reward perspective. Like all technical ques, context is what is ultimately going to get you over the line in the long run. Using volume analysis at these point to confirm their validity I have found to be really helpful myself. I have embarked on the education road to understanding Market profile and Footprint charts, which is already having a really positive effect in terms of filtering out the levels which have the higher probability.
I have been using my own indicator for NT which pretty much does everything WT does but places much more focus on analyzing multiple degrees. I started coding it back in 2010 and have been gradually improving it over the years. If you or anyone else who is familiar with BG's methods is keen to try it out and provide feedback to help towards its improvement, do let me know
I agree. This kind of analysis must always be seen in context with volume and in general supply / demand zones.
As said before I've been for years with him, possibly as you, and learned his method from the first WT version on.
He can be a nice guy and helpful of course. I had a "bumpy" start with him but with the time we became friends.
I'm surprised that there is a WT similar program out there. Of course if you can provide me a copy I would am interested to test it. I'll send you a private message.