I am using Hurst Envelope Script which is given on you first page. I am attaching the settings; please can you have a look and let me know that what should i make changes?
Thanks
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Disliked{quote} One question was on the reason you count the number of averages moving through the FP. Is there a relevance to 3 pt vs 5 point ? I usually see that 5 FP is for a bigger wave but not much otherwise. ThanksIgnored
Disliked{quote} Wow !! The way you analyze..... the chart looks very different with your comments on it :-) ThanksIgnored
Disliked{quote} Hi parisboy I have one question. Please can you tell me that Is there any indicator like Hurst Envelope where i can change the octave values (Red Circle) ? I wanted to test different settings. Thanks {image}Ignored
Disliked{quote} aptx you are right I use up to daily 5 CMA's : 16, 32, 64, 128 , 256 FP 5 is the intersection of all 5 CMA's with Price 16, 32, 64, 128 , 256 FP 4 is the intersection of 4 CMA's with Price 16, 32, 64, 128 FP 3 is the intersection of 3 CMA's with Price 16, 32, 64, FP 2 is the intersection of 2 CMA's with Price 16, 32, If you think to the thing in Daily 256 Trading Days = 1 Year , 128 Trading Days = 6 Months It is obvious that a 6 Months CMA and a 1 Year CMA do not cross with price every 2 or 3 weeks. Then their intersection is more important...Ignored
Disliked{quote} Thank you. I was wondering if there is a pattern here in intraday trading eg 3 intersections followed by FP5 then 2, 3 etc. Will try and observe.Ignored