The Elasticity toolkit was created to obtain maximum gains in both sideways and trending markets with minimum risk. Developed by Timothy Straiton, the system performs with incredible results in almost all equity markets with a daily periodicity.
The Elasticity toolkit focuses on short-term market fluctuations and takes advantage of deviation or "elasticity" from the mean price.
One could visualize the action of a rubber band being stretched and at the moment where the expansion loses momentum, a contraction takes place, forcing movement in the opposite direction.
The Elasticity system opens a trade at the moment that deviation from the mean price loses momentum.