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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

  • #581
  • Feb 7, 2018 12:05pm Feb 7, 2018 12:05pm
Hello Parisboy, I think what Phoenix & myself would like to know....how can we replicate (copy) the Envelopes using MT4? At least that is my question. I've played with EMA & SMA's as well as Envelope, but the result look nowhere near what you are showing. EMA, SMA & Envelopes seem to capture the cycles, but not sure how to trade them. Have noticed when PRICE reaches an OUTER
BAND EXTREME a reverse seems to occur. Would you explain how you are trading this?

I have my own method of trading, but interested in what others are doing. Trying to learn more each day. Have always felt
Hurst's work was very interesting. Thank you for your willingness to share & enlighten your fellow traders.

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"It Is Better To Light A Candle Than To Curse The Darkness" Please Light The Candle
  • #582
  • Feb 7, 2018 12:28pm Feb 7, 2018 12:28pm
Quoting acetrader
Hello Parisboy, I think what Phoenix & myself would like to know....how can we replicate (copy) the Envelopes using MT4? At least that is my question. I've played with EMA & SMA's as well as Envelope, but the result look nowhere near what you are showing. EMA, SMA & Envelopes seem to capture the cycles, but not sure how to trade them. Have noticed when PRICE reaches an OUTER BAND EXTREME a reverse seems to occur. Would you explain how you are trading this? I have my own method of trading, but interested in what others are doing. Trying to learn...
Hello Acetrader

about MT4 we got here a post of Sohocool - hope it helps

Hi Parisboy,
As Netjoker asks me how to implement your system on mt4, I post answer here for help other traders.
No need to code any indicator .
I advise to save a template for each pair and timeframe ,you follow.
For GBPUSD Daily :
Attached Images
  • #583
  • Feb 7, 2018 12:43pm Feb 7, 2018 12:43pm
Quoting acetrader
Hello Parisboy, I think what Phoenix & myself would like to know....how can we replicate (copy) the Envelopes using MT4? At least that is my question. I've played with EMA & SMA's as well as Envelope, but the result look nowhere near what you are showing. EMA, SMA & Envelopes seem to capture the cycles, but not sure how to trade them. Have noticed when PRICE reaches an OUTER BAND EXTREME a reverse seems to occur. Would you explain how you are trading this? I have my own method of trading, but interested in what others are doing. Trying to learn...

Acetrader

as for trading - the best way is to test yourself and to read the explanations of the various trades I posted on the thread

- Let's say there is some rules

a) Check where you are : Flat trend, UPTrend, Down Trend

b) check the Envelopes amplitude

c) most of the time do not enter counter trend (possible exception when Envelope 256 TU Amplitude is large)

d) enter on a correction when the 3 Envelopes are trending in the same direction

e) most of the time use the previous Low or Top as your Stop Loss Level , but check the relationship between your Stop Loss Value and an harmonic of the Envelope 32 parameter

f) use the Envelopes Limits and the Centered Moving Averages as :

- Successive Support and Resistance Levels
- Action Signal to enter
- Successive Target Prices

g) use the 45° Angle drawn from Top or Bottom as :

Support
Resistance
Action Signal to enter
  • #584
  • Edited 1:53pm Feb 7, 2018 12:46pm | Edited 1:53pm
Quoting skillandfx
{quote} Can you share if you have a different volume indicator please?
I have no volume indicator on TradingView

Volume is not really important for trading - only for analysis

I use on daily charts a variant of the MIDAS method from Paul Levine coupled with Gann Octave
  • #585
  • Feb 7, 2018 12:51pm Feb 7, 2018 12:51pm
Parisboy, I got those screenshots. When I applied them actually as shown only ONE line of the MA shows up. Also what are the
the 1953 $ -1953 on the right screen shot? What are the numbers for the other three ENVELOPE that you use. Are they 28 & 32?

Thank you
  • #586
  • Feb 7, 2018 12:57pm Feb 7, 2018 12:57pm
Quoting skillandfx
{quote} Can you share if you have a different volume indicator please?
Pivot or Launch Point is the Low of March 2009

You multiply the price by the volume daily, P x V
You sum (P x V)
You divide Sum (P x V) by the cumulated Volume since the Pivot Date : Sum (Price x Volume) / Sum (Volume)

You got the Blue Curve (a WVAP with an initial point) as a Support Curve (coming from a Low) - coming from a Top it is a Resistance Curve

Other curves are the same Support Curve translated from 1, 2, 3 Octaves
Attached Image (click to enlarge)
Click to Enlarge Name: MIDAS SUPPORT CURVE.jpg Size: 160 KB
  • #587
  • Edited 1:41pm Feb 7, 2018 1:03pm | Edited 1:41pm
Quoting acetrader
Parisboy, I got those screenshots. When I applied them actually as shown only ONE line of the MA shows up. Also what are the the 1953 $ -1953 on the right screen shot? What are the numbers for the other three ENVELOPE that you use. Are they 28 & 32? Thank you
sorry I do not use MT4 - I have not installed it

I suggest you to contact Sohocool directly

but whatever the software the principles are

- you use 3 Envelopes
- Envelopes are 32 / 128 / 256 Time Unit (whatever Time Unit) based on Centered Moving Averages
- The 3 Centered Moving Averages are offsetted by 16 Time Units
- The parameter of the Envelope 256 TU is = One Octave = 1/8 th of the Price Range used for scaling
- then you use sub-harmonics of the Octave as parameters for the 2 other Envelopes
  • #588
  • Feb 7, 2018 1:04pm Feb 7, 2018 1:04pm
Parisboy, thank you for post #584. Got it. Still unable to get the MA ENVELOPE UPPER & LOWER Bands to form. Will keep trying. Are 256 & 128 the other two levels used?
  • #589
  • Feb 7, 2018 1:06pm Feb 7, 2018 1:06pm
Quoting parisboy
{quote} sorry I do not use MT4 - I have not installed it I suggest you to contact Sohocool directly but whatever the software the principles are - you use 3 Envelopes - Envelopes are 32 / 128 / 256 Time Unit (whatever Time Unit) based on Centered Moving Averages - The 3 Centered Moving Averages are offsetted by 16 Time Units - The parameter of the Envelope 256 TU is = One Octave = 1/8 th of the Price Range used for scaling - then you use sub-harmonics of the Octave as parametes for the 2 other Envelopes
Got it. Thank you. Will keep trying.
  • #590
  • Edited Feb 8, 2018 1:39am Feb 7, 2018 1:22pm | Edited Feb 8, 2018 1:39am
Quoting Sohocool
Hi Parisboy, As Netjoker asks me how to implement your system on mt4, I post answer here for help other traders. No need to code any indicator . I advise to save a template for each pair and timeframe ,you follow. For GBPUSD Daily : {image} {image} {image}

The Parisboy EURUSD Daily template (5 digits) ,

You can use this template for example .

Levels are in Pips .

For other Pairs and other Timeframes ,you must change levels (Pips).



Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDailypb.png Size: 76 KB
Attached File(s)
File Type: tpl ParisboyEURUSDDaily.tpl   2 KB | 463 downloads
KISS&V :Keep it simple safe & visual
  • #591
  • Feb 7, 2018 1:28pm Feb 7, 2018 1:28pm
Hi Sohocool, How do you offset the 256 & 128 according to post #582? I have MA64 on the chart as described in post #582.
Thank you.
  • #592
  • Feb 7, 2018 1:30pm Feb 7, 2018 1:30pm
Quoting skillandfx
{quote} Can you share if you have a different volume indicator please?
The blue curve is the result of the multiplication of the Price (here the Low) multiplied by the Daily Volume whose Daily Summation is divided by the corresponding Daily Summation of the Volume

The red Curve is the same Curve where volume = 1 each day - for example for Forex where you have no volume available

you can notice that the difference between both curves is almost negligible and that the red curve is a close approximation of the blue one
Attached Image (click to enlarge)
Click to Enlarge Name: SUPPORT CURVE NOMINALE.jpg Size: 147 KB
  • #593
  • Feb 7, 2018 1:34pm Feb 7, 2018 1:34pm
Quoting acetrader
Hi Sohocool, How do you offset the 256 & 128 according to post #582? I have MA64 on the chart as described in post #582. Thank you.
Hi Acetrader,

Ma64 was an example to show the principle .

The Pariboy System is with 3 Simple moving averages = 32 , 128 , 256 .

If you read thread all is well explain .

KISS&V :Keep it simple safe & visual
  • #594
  • Feb 7, 2018 1:34pm Feb 7, 2018 1:34pm
Quoting Sohocool
{quote} The Parisboy EURUSD Daily template , You can use this template for example . Levels are in Pips . For other Pairs and other Timeframes ,you must change levels (Pips). {image} {file}
Many thanks for your help Sohocool !
  • #595
  • Feb 7, 2018 1:39pm Feb 7, 2018 1:39pm
Quoting Sohocool
{quote} Hi Acetrader, Ma64 was an example to show the principle . The Pariboy System is with 3 Simple moving averages = 32 , 128 , 256 .

Logically I should have used 256 / 128 and 64

But I noticed that with 32 it works most often better.

The aim of the Envelopes is not to "envelope" but to generate enough usable "contact points" by touching or breaking the Envelopes limits

Then you can classify and hierarchize Moves, Waves, Cycles , Harmonic Patterns

You can also draw "Valid Trend Lines " (VTL) between 2 Lows or 2 Tops of the same order, or degree
  • #596
  • Feb 7, 2018 1:40pm Feb 7, 2018 1:40pm
Quoting Sohocool
{quote} Hi Acetrader, Ma64 was an example to show the principle . The Pariboy System is with 3 Simple moving averages = 32 , 128 , 256 . If you read thread all is well explain .
Sohocool, Using 32, 128 & 256 what are the off sets for the 15M & 30M Tf's. The shift number & the levels as described in
post #582. Everything I try fails. I understand that MA 64. was an example. You help is most appreciated.
  • #597
  • Feb 8, 2018 12:52am Feb 8, 2018 12:52am
MT4 - 1mn
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Capture7.PNG Size: 110 KB
Click to Enlarge Name: Capture6.PNG Size: 37 KB
  • #598
  • Feb 8, 2018 2:21am Feb 8, 2018 2:21am
Quoting acetrader
{quote} Sohocool, Using 32, 128 & 256 what are the off sets for the 15M & 30M Tf's. The shift number & the levels as described in post #582. Everything I try fails. I understand that MA 64. was an example. You help is most appreciated.
AceTrader,

May be your problem is due : that you have only 4 digits (not 5 digits)

If you have 4 digits you divide by 10 the levels .

KISS&V :Keep it simple safe & visual
  • #599
  • Feb 8, 2018 3:16am Feb 8, 2018 3:16am
Attached Image (click to enlarge)
Click to Enlarge Name: DAX 11 8 FEVRIER 2018.jpg Size: 193 KB
  • #600
  • Feb 8, 2018 3:17am Feb 8, 2018 3:17am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 11 8 FEVRIER 2018.jpg Size: 199 KB
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