This book is an alternative to Elliott Wave theory. It is objective where as Elliott Wave theory is subjective. That is Elliott Wave changes its labeling of the price swings as the swings change. Whereas, Symmetry Wave being objective does not change its labeling of the price swings. It is a revolutionary idea that clusters correction of smaller sizes together to bring clarity to the price swings. Michael is the first person, publicly, to use Average True Range (ATR) for protective stop and profit target. I love using ATR as the stop method, because it uses the current volatility of the market to help me decide the profit target and the protective stop.