Delta Phenomenon

has anyone attempted to reverse engineer the ocean indicators for metatrader?

I've programmed the Ocean Indicators (except for the MAs) for eSignal and found them quite interesting. I'm not a professional programmer or whatever, but it was fun to do it - and the testing is fun, too. But just like any other technical indicators, without sound risk management, and without sound money management, in your plan and basic model, it's not any better than MACD or any other oscillating indicator, imho. Like some dislike indicators, I like indicators, but their main purpose is not necessarily prediction, but general timing - like, "Ok, now these conditions have occurred, now I can place my stop order to enter with x lots" kind of stuff. But I do have to say that the math underlying Ocean is the most beautiful I've seen.

Delta - wow! I never even though to test Delta in Forex! Talk about an "oversight" . I stopped worrying about it in 2000, and didn't start trading the currency pairs until 2003, so that lag and not thinking about it... hm.

Anyway, I did use Delta in the commodity futures markets from '98 to '00. I had a technique where I didn't use any indicators at all, and only drew lines on the charts and pulled a portion of the profits from a trend or move. (I've never been particularly greedy.) When I applied the info I learned from the Delta Phenomenon, it took the average profits per contract per trade from a paltry $220 to $610 - but it dramatically reduced the number of trades by about 1/3, and also reduced the max DD a bit - overall, though, my profits from trading futures didn't increase substantially.

Firstly delta is inaccurate, its based on a static time cycle. Static time cycles don't happen in the market. The cycles are dynamic, they change, why they change is due to things outside of my knowledge so lets deal with reality.

What we see

PRICE
TIME

Ok the market is full of chaos, chaos is full of chaotic moves, but sometimes the chaos is fractured by linear moves. These are called trends, so what we want to do is predict the chaos points simple enough.


Let me give you an example, suppose you sit on a wooden board that can just hold you weight. Now the board will bend for sure, its response is a linear equation, but you can predict it. Now, lets say the board breaks at 1 gram over your weight. I give you 2 grams to hold, the board cracks, breaks and your body plunges earthwards. Do you recognise the effect, its like markets, now, I cannot predict chaos, but I can have an idea where the market will go chaotic. In fact I have worked it out after looking at loads and loads of chart.

If someone here can program, I will sit down and share what I know to make an indicator that uses delta and chaos theory to attempt to make a trading indicator.

Ok so let me prove it, please see attached the two charts all the ratios are based on chaos theory, not fib ratios, fib ratios are not the key to the market chaos theory is. Also I use an efficiency indicator to tell when the market is approaching an efficient state, markets hate to be efficient.

So what I plan to do is use what I know with deltas static cycles in an attempt to predict turns in advance. If you can program or your a keen observer of the markets then lets see what the power of many can do.

Smalldog

Hi All,
DELTA, I mean ASK-BID with volume is a great tool, especially for trading stocks and related futures.
The moon i think can move the sea......

Lubo.

Just to let you know we are looking at predicting time in the market not price. I think you have the wrong end of the pointy thing.

We are serious traders looking for the key to cracking the markets and I do believe that that is a worthy pursuit. You don't of course need to predict the future to make money trading, if you can and do it can add yet another dimension to your trading.

Now, any of you have a cycle point comming up round about now 06th March 2009, because according to my sources we have a strong astrophysical aspect occuring between the 4th and the 8th. Now, today we will either have a big down day or a little fall followed by a big rally, which will go on into May. If the market makes a big fall today then Monday could be a potential turn, again for a rally into May.

If we have no reaction by the 13h then all bets are off. So I am using a time based stop. If the market does fall then it will have to do about 300 points down to hit the next level and 500 after that.

We have fallen over 50% from the top of the DOW, according to some of my studies of Gann the next level down is 66.66%, so by no means is this the end of the down trend its just a correction.

Lets see what happens today and Monday

Smalldog

How do these compare to your work on esignal? Thanks for your input.

mezarashii,

are these two indicstors from the Ocean or Ocean+ Package ?
I have the Ocean package for Tradestation only to compare with.

Sixer

smalldog2,

the next date for an intermediate turning point for the indices is the 9th of april (ITD-3 Low). This corresponds with the Bradley turning date too.
But, in the next higher time level (MTD=Medium Term Delta) a turning point can be expected in the middle or end of april only. So, i don`t see any very big or explosive bounce next week.

Sixer

I am not sure. I just picked them up on a another forum.

mezarashii,

you will find more details and charts about both indicator packages at the following site:

http://www.mayyoubehappy.com/oceantheory.html

Sixer

Hello to you all and thanks for the information on delta turning points for the DOW, never to be one to not put my money where my mouth is. I think that the DOW will rally from Monday 9th of March.

Now, if it fails to rally then of course I am wrong. The chart I have put up is a weekly and the elliot waves are clear to see. The problem with elliot waves is that they are not correct. The last wave in a sequence of a correction should according to elliot be an ABC with A and B being three or 5 waves, and the C wave being 5 waves. Well, we did get a rally off the 5th Wave, according to elliot wave theory, this should have taken the form of an ABC correction at the least. Well, the DJIA was having none of that and sailed right below the bottom of the 5th wave of wave C.

Now Delta theory also states according to Steve Copen that no more then three delta lows in a row...unless on of them is an inversion. And inversions often occur either side of point one. This is a bit of a problem as it will have your money as you will be on the wrong side of the market.

So when you have three deltas in a row and the next one goes lower, you know that you must be close to a begining of a new wave sequence. So here we might see a correction upwards, no idea where it will get to yet.

Lets see how the markets react on Monday.

Smalldog

SmallDog2 --

At some point in my trading career I have programmed most platforms and have traded most every market. currently trading Forex.

Let's talk about your ideas.

smalldog2,

sorry, but it seems that you haven`t seen any Delta or Matrix count. Your D1 to D3 are belonging to different time frames. The Delta gyus and Copan have a completely different opinion about the actual situation than you mentioned.

Sixer

Hello (and 'long time no post here' although I'm subsribed to this thread so I get to see all the posts as they are posted).

Hey smalldog2:

How are you doing?

Well JUST FOR FUN and seeing that we're all trying to 'call a bottom here' I thought I'd throw in my 'dollars worth'.

I PERSONALLY believe that we will see a bounce that gets some traction on Wednesday and 'takes off' on Thursday for the reasons noted on the attached chart the most NOTEABLE of these being that Delta ('The Delta Phenomenon') indicates a turning point to ME on 11 March (give or take a day) and over the months / years I've noted that a THURSDAY is usually 'payday for equities and 'hey presto' 12 March is a Thursday. ALSO: Wilders RTS System Levels (Pivots) make me feel even more confident. I DO believe that it will only be a bear market rally though and will be of short duration.

(The attached is a monthly chart of the S&P 500 Futures).

Regards,

Dale (forexbrokersonline.net).

Fintrans,
nice to see you buddy ;-),

I lost more money trading Delta, then I ever made with it. I catagorically do not beleive in static cycles either. They are only a rough guide, Delta is to subjective and open to correct analysis after the fact.

So far yesterdays low is intact, with a bit of a DOJI making an appearence, today we have a bearish Harami I think but a little one.

So until the low of the 06.03.2009 is broken, I'm safe.

Now a couple of days back we got a planetary alignment venus and the moon and today we get a full moon. The way to play these trades is with options as your risk is limited to the option price.

All the best to you all


Smalldog

The hair on my back is getting long,

Try timing with your apogee and perigee as well and in conjunction, fwiw.

regards,

Anybody see the Dow today???

Regards,

Dale. (forexbrokersonline.net).

Thats certainly interesting, can someone give me a reason before the fact why would the DJIA bounce. Today we heard that Ford was cash rich or some crap like that and the DOW according to my prediction and on my price line bounced.

What did Reuters report

"FTSE jump 4.9 pct led by banks"
"Europe shares snap 3-day losing run"
"HSBC lift HK share off Oct low"

guess what, none of these so called news services had anything but bad news yesterday. Gentlemen, Delta certainly did not pick this one up, Reuters had nothing good to say about the markets yesterday.

Chance, maybe - but as I say, I am right a lot of chances!

Smalldog

Hey smalldog2,

I'm curious (well I'm ASSUMING by 'Delta' you mean 'The Delta Phenomenon') as to why you say that 'Delta' did not pick this up? My (albeit very 'basic') way of solving IDT (as per the book anyway) DID in fact indicate that this was going to happen (full moon: 11 March 2009).

Don't get me wrong here: PERSONALLY I believe it's coeincidence. There were just too many other factors that were 'aligned' as it were to confirm this 'bounce' (which as I said before: I believe is going to be very short lived to be honest but then I'm certainly NO expert i.e. if I was I'd not be sitting in the 'sh*t' that I am now)!!! LOL!!!

Put it this way: THIS TIME I'm sorry I did not 'act' on Delta signals but there have been NUMEROUS other times where I'm REAL glad I did NOT act on Delta signals!!! Then again: if you look very carefully at IDT there is ALWAYS SOME type of 'almost violent' move on the IDT Delta signals although for the most part they're not sustained (well: of late anyway).

Regards,

Dale. (forexbrokersonline.net).

smalldog2,

I recommend that you ask Dick Wisotzkey to provide you with the latest issue of his newsletter as a sample so that you can get some more Delta insights for the count of the different time frames:

http://delta-market-trading.com/stockletter.aspx

Sixer