Analysis and Trading based on Envelopes, Waves, Cycles | Page 181 | Forex Factory

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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

  • #3,601
  • Edited 12:32pm Jul 11, 2020 12:17pm | Edited 12:32pm
AUDNZD 15 mn

Parameters Envelopes 32 / 128 / 256

0,00078125 / 0,0015625 / 0,003125
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 15 mn 11 JUILLET 2020.jpg Size: 173 KB
  • #3,602
  • Edited 12:32pm Jul 11, 2020 12:20pm | Edited 12:32pm
AUDNZD 30 mn

Parameters Envelopes 32 / 128 / 256

0,0015625 / 0,003125 / 0,00625
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 30 mn 11 JUILLET 2020.jpg Size: 191 KB
  • #3,603
  • Edited 12:33pm Jul 11, 2020 12:22pm | Edited 12:33pm
AUDNZD 60 mn

Parameters Envelopes 32 / 128 / 256

0,003125 / 0,00625 / 0,0125
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 60 mn 11 JUILLET 2020.jpg Size: 187 KB
  • #3,604
  • Edited 12:35pm Jul 11, 2020 12:25pm | Edited 12:35pm
Quoting good-daimon
{quote} Hey thanks again PB, I don't want to bother you too much, i started reading the thread, now i am at around page 20.. I think there are many gems here. If you can do an AUDNZD setup for 4H timeframe on tradingview, would be cool. Can we also use MurreyMath octave for the envelope? 3-band system is really great, but i didn't get why we need to shift back half of the cycle. Can't we use band without shifting? Wouldn't it be the same thing roughly? I hate it when it is shifted, when backtesting on the screen. Or how about and algorithm...
Here it is

Parameters Envelopes 32 / 128 / 256

0,00625 / 0,0125 / 0,025

Notice the DOUBLING of the Envelopes Parameters at each stage of the process.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 4 H 11 JUILLET 2020.jpg Size: 184 KB
  • #3,605
  • Jul 11, 2020 12:38pm Jul 11, 2020 12:38pm
Quoting good-daimon
{quote} Hey thanks again PB, I don't want to bother you too much, i started reading the thread, now i am at around page 20.. I think there are many gems here. If you can do an AUDNZD setup for 4H timeframe on tradingview, would be cool. Can we also use MurreyMath octave for the envelope? 3-band system is really great, but i didn't get why we need to shift back half of the cycle. Can't we use band without shifting? Wouldn't it be the same thing roughly? I hate it when it is shifted, when backtesting on the screen. Or how about and algorithm...
Read the thread !
Attached File(s)
File Type: pptx 6 BUILDING YOUR ENVELOPES 16.pptx   4.5 MB | 434 downloads
  • #3,606
  • Jul 12, 2020 1:09am Jul 12, 2020 1:09am
Quoting parisboy
{quote} Read the thread ! {file}
Perfect! I'm on it, much clearer now. Thank you for your time preparing all these screenshots.

Lastly, how did we get the band width value 2500 pips for 4H 256time units?
AUDNZD range between 1 and 1.38. So roughly 1.40000 - 1.00000 ~ 40000
40000/8 = 5000pips for Daily 256 time units.
5000/2 = 2500 pips for H4 256 time units.
Am i doing the math correctly?

And if we want to preserve the time to price ratio to constant, are we breaking it when we multiply the pips by 2, and at the same time we multiply time units with 5. for example when we switch from M1 to M5?

Attached Image (click to enlarge)
Click to Enlarge Name: audnzd.png Size: 144 KB
  • #3,607
  • Jul 12, 2020 1:40am Jul 12, 2020 1:40am
Quoting good-daimon
{quote} Perfect! I'm on it, much clearer now. Thank you for your time preparing all these screenshots. Lastly, how did we get the band width value 2500 pips for 4H 256time units? AUDNZD range between 1 and 1.38. So roughly 1.40000 - 1.00000 ~ 40000 40000/8 = 5000pips for Daily 256 time units. 5000/2 = 2500 pips for H4 256 time units. Am i doing the math correctly? And if we want to preserve the time to price ratio to constant, are we breaking it when we multiply the pips by 2, and at the same time we multiply time units with 5. for example...
You are correct.

You have to understand that :

a) your screen gives you a very close efficient scale . Whatever the Time Unit your screen uses the last Low and the last Top visible on your screen to scale the above Range.

Hence it is very close of what Gann used : the Division by 8 of the range between the Top and the Low

b) in the AUDNZD example you observe that every time you change the Time Frame upwards you DOUBLE the Envelopes Parameters (the Octave). Notice that IF the Range between the Top and the Low on the screen is stable, you do not need to double the Envelopes parameters
  • #3,608
  • Jul 13, 2020 1:07am Jul 13, 2020 1:07am
amazing work of Parisboy

The only thread to learn about wave with no hidden formula, puzzle, nor teaser.
Great job.
And for those who want to learn about wave please read this thread.

Attached Image (click to enlarge)
Click to Enlarge Name: e3opVlS.png Size: 34 KB
  • #3,609
  • Jul 13, 2020 1:16am Jul 13, 2020 1:16am
Quoting failinforex
amazing work of Parisboy The only thread to learn about wave with no hidden formula, puzzle, nor teaser. Great job. And for those who want to learn about wave please read this thread. {image}
Can only agree with your every word
ps
Think it would do well in the 20 pip challenge ?
  • #3,610
  • Jul 13, 2020 1:17am Jul 13, 2020 1:17am
Quoting failinforex
amazing work of Parisboy The only thread to learn about wave with no hidden formula, puzzle, nor teaser. Great job. And for those who want to learn about wave please read this thread. {image}
I strongly agree with you. Most threats in FF with those PRO/ Successful/ Masters Of the universe "traders" are only teasing. Which is the most terrible think you can do to desperate people. Parisboy answers and shares all his data. And you ask a question ,you get an answer. Not an answer like "do your homework, dont be lazy" something like that.
  • #3,611
  • Edited 2:30am Jul 13, 2020 2:01am | Edited 2:30am
My Basic Look Left chart
I can then add Parisboys Tools, one by one until I have enough information to take a trade ?
ps
It's just my way of doing things
Works in any time-frame
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDailye.png Size: 81 KB
Click to Enlarge Name: GBPUSDDailyf.png Size: 70 KB
  • #3,612
  • Edited 2:56am Jul 13, 2020 2:29am | Edited 2:56am
Quoting OAPDave
My Basic Look Left chart I can then add Parisboys Tools, one by one until I have enough information to take a trade ? ps It's just my way of doing things Works in any time-frame {image}
Dave that is the correct process (at least works for me)

most tools are not "Parisboy's tools", but Cyclical tools (variant Hurst tools) and Gann's tools (variant Murrey, Jenkins and others)

the general synthesis is largely from me as well as most trading methodologies or patterns. Because de facto neither Gann nor Hurst have developped a lot the trading part of their respective methodologies

they rarely answers the vital traders questons

- when to enter
- when to exit
- where to position your stop loss
  • #3,613
  • Jul 13, 2020 2:38am Jul 13, 2020 2:38am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Daily 13 JUILLET 2020.jpg Size: 175 KB
  • #3,614
  • Jul 13, 2020 2:41am Jul 13, 2020 2:41am
DAX 1 mn
Attached Image (click to enlarge)
Click to Enlarge Name: DAX 11 13 JUILLET 2020.jpg Size: 160 KB
  • #3,615
  • Jul 13, 2020 2:46am Jul 13, 2020 2:46am
Quoting parisboy
{quote} Dave that is the correct process (at least works for me) most tools are not "Parisboy's tools", but Cyclical tools (variant Hurst tools) and Gann's tools (variant Murrey, Jenkins and others) the general synthesis is largely from me as well as most trading methodologies or patterns. Because de facto neither Gann nor Hurst have developped the trading part of their respective methodologies they rarely answers the vital traders questons - when to enter - when to exit - where to position your stop loss
Thank you Alain
I find your words very encouraging in the on going learning process of trading
  • #3,616
  • Jul 13, 2020 3:01am Jul 13, 2020 3:01am
For Munchie

US30 1 mn

Notice the similarity (commonality) with the DAX
Attached Image (click to enlarge)
Click to Enlarge Name: US30 1 mn 13 JUILLET 2020.jpg Size: 160 KB
  • #3,617
  • Jul 13, 2020 3:04am Jul 13, 2020 3:04am
US30 15 mn
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  • #3,618
  • Jul 13, 2020 3:07am Jul 13, 2020 3:07am
US30 1 H
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Click to Enlarge Name: US30 60 mn 13 JUILLET 2020.jpg Size: 173 KB
  • #3,619
  • Jul 13, 2020 3:10am Jul 13, 2020 3:10am
US30 4 H
Attached Image (click to enlarge)
Click to Enlarge Name: US30 240 mn 13 JUILLET 2020.jpg Size: 178 KB
  • #3,620
  • Jul 13, 2020 3:20am Jul 13, 2020 3:20am
XAUUSD 4 H
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD 240 mn 13 JUILLET 2020.jpg Size: 181 KB
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