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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

  • #1,801
  • May 6, 2019 12:41pm May 6, 2019 12:41pm
Thanks
I will try when back from my trip.
Cheers
  • #1,802
  • May 9, 2019 1:40am May 9, 2019 1:40am
EURUSD 5 Days / 5 mn

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 55 9 MAY 2019.png Size: 1.0 MB
  • #1,803
  • May 9, 2019 2:13am May 9, 2019 2:13am
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Click to Enlarge Name: DAX 55 9 MAY 2019.png Size: 1.0 MB
  • #1,804
  • May 9, 2019 11:11am May 9, 2019 11:11am
USDJPY 5 Days / 5 mn
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Click to Enlarge Name: USDJPY 55 9 MAY 2019.png Size: 1.0 MB
  • #1,805
  • May 9, 2019 11:12am May 9, 2019 11:12am
DOW 5 Days / 5 mn
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Click to Enlarge Name: DOW 55 9 MAY 2019.png Size: 1.0 MB
  • #1,806
  • May 9, 2019 11:43am May 9, 2019 11:43am
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Click to Enlarge Name: DOW CENTERED MOVING AVERAGES CROSSES AT THE MIDDLE OF THE PRICE PULSE 9 MAY 2019.png Size: 1.1 MB
  • #1,807
  • May 10, 2019 1:58pm May 10, 2019 1:58pm
Quoting parisboy
{quote} OK Merka EURUSD 1 Day / 1 mn Envelopes parameters are : Envelope 256 (brown) : 0,015625 Envelope 128 (ocre) : 0,0078125 Envelope 32 (blue) : 0,00390625 all 3 Envelopes are shifted 16 data points back (in the past) {image}
Hi Parisboy
Please see below my attempt to replicate your setting but it looks different.
I'm wandering if the shift is correct as per yours.
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Envelope.png Size: 47 KB
  • #1,808
  • May 10, 2019 2:07pm May 10, 2019 2:07pm
Quoting Merka
{quote} Hi Parisboy Please see below my attempt to replicate your setting but it looks different. I'm wandering if the shift is correct as per yours. Thanks {image}
Hi Merka , nice to see you on board

The shift seems ok - but the deviation is not - presently you have to double the parameter as many times as you reach the point where the Envelope includes most of the data , most of Price Action swings

in the present case 0,03125, 0,0625 etc

PS How was your trip
  • #1,809
  • May 10, 2019 2:54pm May 10, 2019 2:54pm
Quoting Merka
{quote} Hi Parisboy Please see below my attempt to replicate your setting but it looks different. I'm wandering if the shift is correct as per yours. Thanks {image}
Hi Merka, If you have success with this would you share how you put it together. After many attempts I have failed. Parisboy has been more than patience with his explaination, but still I fail. I think its something to do with MT 4 & 5. No sure. Thank for any help shared.
  • #1,810
  • May 10, 2019 3:04pm May 10, 2019 3:04pm
Quoting acetrader
{quote} Hi Merka, If you have success with this would you share how you put it together. After many attempts I have failed. Parisboy has been more than patience with his explaination, but still I fail. I think its something to do with MT 4 & 5. No sure. Thank for any help shared.
Ace as I told you I am totally illiterate in MT4, MT5. So I can't help anyone in this matter.

This said you need just to be a little astute. My way was to use some existing envelopes and change the parameters.

Moreover my experience shows that when you create yourself your own envelopes you understand much quicker the advantages and the limits of the system.
  • #1,811
  • May 10, 2019 4:21pm May 10, 2019 4:21pm
Quoting parisboy
{quote} Ace as I told you I am totally illiterate in MT4, MT5. So I can't help anyone in this matter. This said you need just to be a little astute. My way was to use some existing envelopes and change the parameters. Moreover my experience shows that when you create yourself your own envelopes you understand much quicker the advantages and the limits of the system.
Parisboy, I understand. Mt4 & 5 have limitations in the area of envelopes, but I did manage to replicate yours somewhat by sizing the candles down after the envelope was created. Mine are nowhere near like yours, but as you said I do understand them. Did you ever read any materials about Goodman Swing Count? What reading would you suggest as it relates to envelopes, cycles & Hurst. I have one of Mallards books. Thank you for all the help you've offered in the past.
  • #1,812
  • May 10, 2019 4:23pm May 10, 2019 4:23pm
Attached Image (click to enlarge)
Click to Enlarge Name: NIH98 CYCLES.png Size: 1.4 MB
  • #1,813
  • Edited 4:42pm May 10, 2019 4:28pm | Edited 4:42pm
Quoting acetrader
{quote} Parisboy, I understand. Mt4 & 5 have limitations in the area of envelopes, but I did manage to replicate yours somewhat by sizing the candles down after the envelope was created. Mine are nowhere near like yours, but as you said I do understand them. Did you ever read any materials about Goodman Swing Count? What reading would you suggest as it relates to envelopes, cycles & Hurst. I have one of Mallards books. Thank you for all the help you've offered in the past.
Ace I have Goodman swing Count. Have you materials.

An Interesting concept you can apply to Cycles is what I call "Saving Account " where you compile + and - of Cycles duration in relation to their average period. Then they have at the end to return to the mean.
Attached File(s)
File Type: doc GOODMAN ForexPropensityArticle.doc   62 KB | 432 downloads
File Type: docx A New Introduction to the Goodman Swing Count System.docx   3.6 MB | 620 downloads
File Type: docx Cardinal Principles.docx   2.1 MB | 399 downloads
File Type: doc GOODMAN CYCLE COUNT SYSTEM.doc   57 KB | 1,802 downloads
File Type: docx Goodman Swing Count System.docx   546 KB | 554 downloads
File Type: doc Goodman PROPAGATION TRADE SETUP.doc   625 KB | 789 downloads
File Type: doc GOODMAN Mundo Article.doc   218 KB | 361 downloads
File Type: doc GOODMAN Market Environment Applications.doc   119 KB | 494 downloads
File Type: docx Goodman versus Elliott.docx   271 KB | 370 downloads
File Type: doc Goodman THE 3 C PRINCIPLE.doc   83 KB | 1,007 downloads
  • #1,814
  • May 10, 2019 4:35pm May 10, 2019 4:35pm
Quoting acetrader
{quote} Parisboy, I understand. Mt4 & 5 have limitations in the area of envelopes, but I did manage to replicate yours somewhat by sizing the candles down after the envelope was created. Mine are nowhere near like yours, but as you said I do understand them. Did you ever read any materials about Goodman Swing Count? What reading would you suggest as it relates to envelopes, cycles & Hurst. I have one of Mallards books. Thank you for all the help you've offered in the past.

Ace good readings about Envelopes
Attached File(s)
File Type: pdf Channel analysis.pdf   2.8 MB | 459 downloads
File Type: pdf (Keltner Channel) Bressert, Walter - The Cycle trading Pattern Manual.PDF   2.2 MB | 2,151 downloads
File Type: docx The Tillman Method.docx   2.7 MB | 448 downloads
  • #1,815
  • May 10, 2019 5:07pm May 10, 2019 5:07pm
Quoting OAPDave
{quote} The problem with envelopes on mt4 is that it only allows 2 decimal places So on the EU 1 min I have added Envelopes simple m/avg Brown 256 shift -16 deviation 0.08 Blue 128 shift -16 deviation 0.04 White 32 shift -16 deviation 0.02 The averages will be 256 shift -16 Brown 128 shift -16 Blue 32 shift -16 White When I am setting a chart I add as much data as I can and then start with a 256 Envelope Shift -16 and fiddle with the deviation until it enclose most of the bars, the I just half the deviation number for the 128, then half again for...


Dave, thank you that gives me something to try. That's a big help. Your charts look good.
Parisboy, thank you for that material. Will did dig into it.
  • #1,816
  • Edited 5:30pm May 10, 2019 5:20pm | Edited 5:30pm
Quoting OAPDave
{quote} The problem with envelopes on mt4 is that it only allows 2 decimal places So on the EU 1 min I have added Envelopes simple m/avg Brown 256 shift -16 deviation 0.08 Blue 128 shift -16 deviation 0.04 White 32 shift -16 deviation 0.02 The averages will be 256 shift -16 Brown 128 shift -16 Blue 32 shift -16 White When I am setting a chart I add as much data as I can and then start with a 256 Envelope Shift -16 and fiddle with the deviation until it enclose most of the bars, the I just half the deviation number for the 128, then half again for...
Great explanation Dave

"Accuracy" is not the key point. It is secondary - within limits - meaning it is second, not first

You can use almost whatever "Envelope" you have on your Trading Platform at the exception of Bollinger Bands because it does not use fixed-width Amplitude

The core of the subject is to understand the Triad Envelopes System , (3 Envelopes), the relationship between the Time Parameters (256, 128, 32) and the Octave calculation, its contraction and expansion for the Price Parameter (amplitude of the Envelope)

Key results are :

- you got a good to excellent approximation of the probable / possible Amplitude of the Price Action Pulse on 3 Levels - Short, Medium, Long - relatively to the Timeframe you use
- you visualize and approximate what is the Underling Trend (Higher Order Trend) and its influence on Price Action
- you can see the numerous Return to the Mean of Price Action Pulse
- you can use Centered Moving Averages and Envelopes limits as Targets, Support and Resistance

Correct Scaling is the key
  • #1,817
  • Edited 6:10pm May 10, 2019 5:57pm | Edited 6:10pm
Quoting OAPDave
EU @ 60 mins example Envelopes Brown just type in deviation 1.25 Blue deviation 0.625 mt4 will round up White deviation 0.3125 again it will round up Chart looks reasonable {image} {image}
Do not worry about what you call "accuracy"

hereunder I posted the parameters used by and for Sentient Trader - a software based on Hurst Theories

you can see 9,38 instead of 9,375 as parameter for the Envelope 32- I can assure you there is no influence on the quality of your Analysis and even of your Trading
Attached Image
  • #1,818
  • May 10, 2019 9:07pm May 10, 2019 9:07pm
Hello Parisboy,

I have been following this thread for almost eight months now but never got a chance to try it out. Now I have time and wanted to learn your method. Been going through your posts for almost 15 days and got the basics (your entry/exits and other concepts) but I am struggling to figure out the correct fractal.

I have attached a screen shot of BABA and would grateful if you would show me your envelopes - yearly, five minutes and 1 minute on your trading platform for the same. I would also like to know if I have to use a major swing low/high to make my 5 minutes chart or if I can look at the price range of a particular stock say for 10 days, get a fractal and use it?

What's confusing for me is the fact that BABA is tending in a range of 130 (low made on 1/3/19) and 196 (high on 5/3/19) a difference of 66. Now, should I use the fractal 100/8 or 66/8 here?

I did my homework and got to a point where I am unable to understand it without your help. Hence, I am bothering you with this request. Any help would be greatly appreciated.

PS: Sorry for grammatical errors if there are any.

Thank you in advance,
Best,
Sree.
Attached Image (click to enlarge)
Click to Enlarge Name: Baba.PNG Size: 107 KB
  • #1,819
  • May 10, 2019 11:33pm May 10, 2019 11:33pm
Quoting parisboy
posted on another thread Quoting robots4me {quote} @parisboy -- I browsed through the Power Points and sort of got a flavor. A couple of questions: 1. Regarding the use of parabolics -- to me that is curve-fitting, after the fact. I've done a lot of data analysis of RF spectrum data -- and we chart the data in different ways to enhance weak signals. I mean, if I can solve for the constants then I can get a polynomial equation to fit all kinds of data patterns, right?...
hello Parisboy,
do you have experience in applying goodmanwaves? Duane seem to be not online any more. did you study under Duane?

best regards.
  • #1,820
  • Edited 2:49am May 11, 2019 2:34am | Edited 2:49am
Quoting sreecharan
Hello Parisboy, I have been following this thread for almost eight months now but never got a chance to try it out. Now I have time and wanted to learn your method. Been going through your posts for almost 15 days and got the basics (your entry/exits and other concepts) but I am struggling to figure out the correct fractal. I have attached a screen shot of BABA and would grateful if you would show me your envelopes - yearly, five minutes and 1 minute on your trading platform for the same. I would also like to know if I have to use a major swing...
Sree thank you for your interest. And you do not bother me.

as some Guru's on other thread I would say " do your homework again" !

Meaning if you have a doubt try both solutions you have identified and choose the best one. Trust your judgment.

In some cases you need to keep 2 charts with 2 series of parameters when the chart show a phase of transition - OAPDave uses the term "Chart Shift".

It is when the "Volatility" = the Amplitude of the Envelopes has doubled or been halved because of an expansion or a contraction of the Price Range
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