Analysis and Trading based on Envelopes, Waves, Cycles

Now that's very pleasant for my head and eyes (Kprsa new indicator I assume ) ? could live with that

for fun Midas 32 , 128 , 256 periods.

Sohocool do you use the Topfinder / Bottomfinder from Levine ?

Parisboy ,

It is Kprsa Midas Indicator modified .

No i just used periods fitting on median price (high+low)/2 .

i choose Periods bars only ,more easy to use.

As I am almost illiterate in programming I never was able to program the Topfinder

Using MT4 hence its Polynormial Regression for me

Paul Levine MIDAS Methodology Lessons (1 st part)

Paul Levine MIDAS Methodology Lessons (2 nd part)

Halving the parameters

Quoting OAPDave
{quote} I find it quite strange your very apparent dislike to Murrey and his work, you have said he does not trade yet on 2 occasions I have watched him trade live and he done very well indeed, I would be most interested as to why you have the opposite view of him ( taking into account he is a very eccentric guy to say the least)

OAPDave let's us being clear : nobody works really using "Murrey's work" . Most people works with Tim Kruzel Notes which is a summary of his "book" which is not a book.

At the time Kruzel sent to Murrey an email with its summary saying " Your book is chaotic, i made a summary of what I have understood, is it correct ? does it represent your thoughts ? It was more diplomatically said, but it was the general idea.

Question : who has Murrey's "book" ? I have the book. Since 1998 I never met somebody working with Murrey's book on the net.

I discovered Murrey in 1998. As far as I can remember there was at the time a forum where Murrey was a member. I got his book , then its software, with some difficulties - 1998 was not like 2018.

Anyway everybody practically worked at that time with Kruzel notes. I read also the various articles of Murrey published in Tradersworld magazine.

Very quickly Murrey disappeared from the net at the exceptionof his paying site.

Since then no articles, no improvement on the method, no concrete forecasts. Murrey just bragged and brags how about a genius he is, the new Gann, better than Gann etc

Murrey is presently since a long time of no help , if he was. Practically his "work" - some said he "stole" or "borrowed" it in Gann papers at his dead - is of no help for me.

Then people tried to fill the holes and adapt MML to their needs - as Mastermind or you do -

A programmer wrote a program for IB users if my memory is good.Discussions on how to implement Murrey-Kruzel work was really interesting

Then the guy who was in contact with Kruzel told us that Kruzel told him , he no more used its "notes" because in fact it was false or erroneous ??????

Anyway after several years the program was obsolete and ineffective because of changes in IB interface or something like that.

Be aware that I have all what is freely available on the net about what you call "Murrey's work" - after a while there was nothing new.

My last contact with Murrey's world was 3 years ago when an australian contact interested by what I do, tried to buy Murrey's "book" . He never got it!

My friend called Murrey or his "secretary" many times. At the end Murrey himself told my friend that his "secretary" mixed Australia in the pacific Ocean with Austria in Europe crook or senile ? Anyway after 8 or 9 months my friend got his money back.

I send him a copy of the "book".

As for testimonials on Murrey himself they are contradictory

As "Octaves / Vibrations" are a key factor of what I do , if some people are "bored" by such a discussion, they can freely enjoy visiting another thread !

Let's summary my position

a) I discovered "murrey" in 1998 - the self-promoted genius of Nashville never was of a practical help in trading since then

b) I read the thread you pointed out above some years ago.

as everywhere MML's are just used to build Support and Resistance Lines - nobody has a real system to trade with MML's. People come and goes on the thread al the time.

c) I remember the posts of Xard77 - a russian coder - a coder codes, he is mainly interested in coding EA . nice but I do not use MT4

d) as for Excalibur writings at the time I read it too - impressive : 10 posts in less than 4 years with always the same content : No charts, no detailed trades, Octaves are great (thanks buddy), we are a group of Professionnal traders exclusively using octaves, we make tons of money, I am very busy, I can not say more - green pips in your trading

Although superficially impressed I did not caught something useful and practical at the time

Because of you, I will reread it again

To be clear Xard777 was really interesting. I discovered him on FF some years ago when I read the different Murrey threads . He seems competent in coding and willing to share and exchange. But as basically I did not trade at that Time Forex,had no intraday activity and did not used MT4 , well I stayed silent.

As for trading Murrey may be I missed something but I do not remember what Xard777 has done.

Mastermind at least has a system to trade Murrey - I do not understand what he does. May be it is too complex for me. But there are different ways for different kind of people and minds.

Anyway both have invested time and effort to master the Octaves / Vibrations and this is very positive.

As I have no coding abilities I prefer simple things.

Everybody is entitled to follow his own path.

OAPDave I am always glad to meet competent guys and to talk about Murrey, Gann, Hurst. and others. Or to talk about tools : Angles, MML's, Circles of Conflict, Moving Averages, Envelopes, Cycles, Waves etc

I always hope to learn something new and useful to stimulate my old brain.

But most often there is no place to ask the correct questions and nobody to give you the anwers

a) remember the genius from Nashville wrote somewhere that 45¨% of price Action take place between the MML's 3/8 and 5/8..

Where does it come from ? have you checked this statement ?

b) where does come the "properties" of the MML's ?

have you seen some explanations ? some justifications ?

it is not in Gann
it is not in Murrey's "book,
it is not in Kruzel Notes

where does it come from ?

Just for information :

from an old time when we had interesting discussions :

If you are concerned about price levels they are unaffected by the start date. As for the time lines, you might be interested in the following which are portions of two messages from Bonnie Hill (her website is http://home.flash.net/~blhill/pages/murrey.html).

Bill


I need to give a little history of "Murrey Math". "Murrey Math" is based on a course written by W D Gann. When Murrey put his mother into a rest home, he found the course when he cleaned out her house. Murrey used this material as the basis for "Murrey Math".

In the early days, Murrrey gave Gann credit for the material.

As the years passed, Murrey has "forgotten" where the ideas came from :-)

There are several ideas in the course which Murrey did NOT understand correctly. That is why some of the techniques seem great and some seem a little "strange".

The starting point for the 4th quarter is actually the midpoint between the Earth's perihelion and aphelion.

This date is approximately October 2nd. The date can be shifted due to trading days or lunar aspects (Full/New Moons, etc) which occur close to this date.

Murrey's "birthday, etc" is pure nonsense. If you have a copy of this particular Gann course you know EXACTLY where "Murrey Math" came from.

I have "Murrey Math" charts which I drew over 10 years before I ever saw the "Murrey Math" manual :-)

Best wishes,

Bonnie Lee Hill

The only answer I can give you is
Do'es anyone care

The question of Waves is really interesting.

First you have to take into account some informations

1. The Cycle guy Jim Hurst describes his work as being The Wave Theory of Price Action in his booklet - his best work - Cyclic Analysis

In the 30 pages of this booklet Hurst uses more than 200 times the word “wave” 7 times per page in average

1. In the same way in his prime work The Wave Principle - 23 pages - R.N. Elliot uses 100 times the words " cyclic, cyclical, cycle" - 4 times per page in average

There are other approaches on Waves - for example Artur Merrill

Another approach on Waves is described in Forex Waves the book of Duane Archer and Jim Bickford