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Attachments: Analysis and Trading based on Envelopes, Waves, Cycles
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Analysis and Trading based on Envelopes, Waves, Cycles

Quoting OAPDave
Your never too old to believe in Santa Claus and sometimes Christmas comes early {image} {image} {image} {image} {image}
Have you got the original software working Dave?
Can the grids be re aligned to confirm maximum numbers or correlation?
Then its pretty solid even taking out a median becouse thoose signals are even wery close.
Quoting OAPDave
Yes looks good so far I am seeing some Octave sizes that I would have never used Sept 26th seems key this year ? At least foe Shares {image} {image} {image}
Dave, I do not think so. I think it is the built-in way the software displays charts

see these old charts where the Frame hits 24 February 24th on all charts
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Quoting tmpascoe
{quote} Have you got the original software working Dave?
Excellent question Terry.

What data source are you using ?
Quoting OAPDave
{quote} Alain You are most likely correct as its the first time the software as come to life in nearly 10years Its just that the 64 hits that date on all shares so I am running with that also I have notice some Octave Ranges that I would never have thought Not dissimilar to your thoughts when you draw yours ps Only been looking at shares
Dave these charts seems to be the 1.5+1 Discussed above in this old (2000) MM Group

Brian Mc Mullan

MM Time Frame: In Menu item Options, there is a new item called
"Frame Length" with two sub items called "Natural" and
"Natural * 1.5 + 1"
Natural - a 32 frame will use 32 bars
Natural*1.5+1 - a 32 frame will use 32*1.5+1 = 49 bars

Why??? Those who have studied Murrey's program say "Natural * 1.5 + 1" is what Murrey uses in his program, so I offer it as an option.
Quoting OAPDave
{quote} Alain You are most likely correct as its the first time the software as come to life in nearly 10years Its just that the 64 hits that date on all shares so I am running with that also I have notice some Octave Ranges that I would never have thought Not dissimilar to your thoughts when you draw yours ps Only been looking at shares
This would be best approach i think a grid correlation.
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Is it just me or is the median value of trading markets 5-10% below avrage?
Some timeframes having different angles?
In that case this would be really intressing to see if the main trendline was moved down a notch or 2.
Quoting OAPDave
Yes looks good so far I am seeing some Octave sizes that I would have never used Sept 26th seems key this year ? At least foe Shares {image} {image} {image}
Do you see the angle its allways 5-10% below even if the oversold overbought grid was abit off.
This 3 pics.
Intressting.
Quoting OAPDave
{quote} Not sure what you want me to say Its the Original Murrey software that's now working again The data is paid for and updated EOD So the charts are live as much as an EOD chart can be I mentioned Sept 26 as yes I remembered it from a previous
Is it possible to backtest this grids anyway.. Any insight to how the anchorpoints are laid?
What would be intressting would be set the angle down 1 or 2 steps then backtest it for continuation touch alongs a line or just watchin it visually over a range should reveal some patterns. But iam abit suprised over how market speed raise. This should be taken into calculation maybe avrage speed needs a buffer and this might be just in the nature of bulls right as it raises slower as bears fall faster due to fear and greed powerplay. This would correlate with what you see on charts as trendlines cutting of shorts fast and longs slow.
In that case there are 3 ranges for each movment direction 3 ranges for up 3 ranges for down. This would be defined as short medium and long trendlines. We can observe them on charts aswell. The grid calculation is still valid the angles is the parameters for adjustment it seems thus it gets of aswell. Man i would love to put an Ai trough this calculations.
You should be able to check out the correlation on your charts just imagining the trendline at other steps if you have more hits at lower angles then yes we have a buffer and seems we do. If we have buffers for 2 directions this will leave a gap. A no no zone aswell. Matematicly speaking no as 180 degrees are devided by the zero line. In my mind this dont work on scale but at distance and history and that is what we meassure projections. If just the angles are shown correctly the second will be anchor points and heck by looking at your chart it looks like the math is pretty on spot. In cases its not on spot it would be interesting to know when is the grid set if i can say when or where looking for what makes it offset.
The main skelleton of the calculations are correct but there is tweaking to be made.
What i would like to do is optimize anchor points with the angles backtest it for trend continuation below and above line or even touching it before breaking away or breaking trough.

Whats not possible today will be possible tommorrow.
Lets say angle 45 is 1 then it would look something like
Check angle 2-3 and -2-3

Rule touch.
If break candle close. Other trendlines confirm none correlation?
Touch if bounce deppending on tf buffer for higher high higher low Eur Usd 15 pips math with timeframe for confluance can use renko to get best match for correct price action size as it can scope out the ranges of confluence for different currencys, effective as priceline to with a fractal pricechannel will show compression effectivly. Use one system to get avrages for another system.
Continuation touch count bars before break make rules for break higher high higher lows use distance rules if the breaks are to small.

Yeah i would make it something like that after ive studied the anchor points.
So backtest would be . Not for trading for meassure trend continuation.
Set anchorpoints optimisation with new angles with buffer.
Wery specific rules for what is considered breaking away from one line if other cannot be used for this.
If buffer is added would make everything much simpler as it gives a larger range for price to move in. So looking at your charts i would say one or 2 noth down for longs and then add buffer should give a intressting picture.
Maybe can be made simpler rather than harder with extra rules for breakouts seems to be a more sensible approach. But as i learned the anchor points is crucial so nothing can be done until they are figured out fully.
In some cases it looks perfect and in some cases its abit of. What makes it off bugs me.
Quoting tmpascoe
{quote} Manual date entry for the start of the year is already included. Time frame is currently a choice of 4,8,16,32,64 or 128 days - should that be changed? I would think that gives more choices to match the price action, but am happy to be guided here. Plus I thought that's what Murrey's software did based on the image posted earlier. Price level for the start line is based on zero, but the software zooms in to each zone so that the section of price action under examination is enlarged. (I've checked and this matches the excel calcs sheet provided...
Terry - well done.
Applied your MML to random nasdaq stock today using PA midpoint start date, looks sound. The closest matching compare with OEM MMTF SW is shown, and theyre not identical (timinglines only) - they slip out of sync by second half of timing frame. So, not sure we have the OEM MM timing logic worked out correctly yet, but FWIW, I think yours is a better analytical tool atm, see how it pulled out the CIT turns accurately. PDG
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Updated the MML indicator to trading days rather than calendar days. See how that looks.
https://www.tradingview.com/script/A...ey-Math-Lines/
SP500 set to 4 TD
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Quoting GSQ120
{quote} Terry - well done. Applied your MML to random nasdaq stock today using PA midpoint start date, looks sound. The closest matching compare with OEM MMTF SW is shown, and theyre not identical (timinglines only) - they slip out of sync by second half of timing frame. So, not sure we have the OEM MM timing logic worked out correctly yet, but FWIW, I think yours is a better analytical tool atm, see how it pulled out the CIT turns accurately. PDG {image} {image}
That's set to calendar days whereas I believe Murrey's software was set to trading days. I've changed my indicator to trading days so it should match better now.
AUD/USD D1:
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Stick to the plan!
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