[dpaterso]

By the way (I figured this warranted it's own post):

As I have also said before you COULD forget about the TISAR altogether and only trade the HSP's and LSP's. This would keep you in trades longer and probably avoid many whipsaws. The drawback (and it's a very big one) is the fact that if you (for example) place a stop order to go long because you've had a close above the last HSP and that order gets executed and the price then immediately retracts and 'tanks' down you're only going to place an order to stop and reverse when the price closes below the last LSP and if the HSP and LSP are far away from each other you COULD find yourself in DEEP 'sh*t'. It's a suggestion but not one that I would follow. The only reason I'm telling you this is because it's the calculation and plot i.e. 'visual representation' of the TISAR that's confusing you (and confused me for a while) not the calculation of the ASI i.e. as we have ALSO said before it makes no difference whether you use a limit, a PIPFACTOR, or anything else the actual plot of the ASI does not change.