![]() Read Wilder's book on the Delta Phenomenon e.g. Delta does not attempt to forecast exact price levels, but aĬombination with price-focused approaches such as Fibonacci, trend Where markets make highs and lows based on pre-determined solunarĬycles. ![]() ![]() Is essentially a swing trading system focusing on time, a cycle system, Unlike most other trading systems, the Delta Phenomenon places emphasis on time rather than price. Number of major high and low turning points in specific time frames. To a predictable repeating order and patterns having roughly the same It was discovered by Jim Sloman who then sold his insights to Welles Wilder, inventor of technical analysis indicators such as Relative Strength Index (RSI), parabolic SAR, and ATR.īasically, Jim Sloman claimed that financial markets behave according The Delta Phenomenon is based on the lunar cycle and the rhythm of the tides.
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