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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

  • #3,661
  • Jul 16, 2020 11:25am Jul 16, 2020 11:25am
Quoting Sohocool
{quote} Hi Good daimon, The PB (Parisboy) Channel is exactly build like ParisBoy explain on this thread ,Simple Moving averages shifted -16.
Hi Sohocool
Good to see you pop in hope you are safe and well
As you can see I bang the drum about your indicator all the time, but if you have a look at page 176 post 3517 the second video on the Day by Peter it just might prick your interest
As always thanks for the Envelope Indicator sure makes life easier
Dave
  • #3,662
  • Edited 11:37am Jul 16, 2020 11:26am | Edited 11:37am
Quoting OAPDave
Think you have to see it to believe it ?{image}

Hi OAPDave ,

I hope you are well ,

I post a template (GBPUSD - EURUSD 5M) with PB channel color and Chikou Candles V1 indicators ( already post here) .



PS ; i will see the video thanks

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Attached File(s)
File Type: tpl 2020_PB_CHANNEL_COLOR -16.tpl   2 KB | 481 downloads
KISS&V :Keep it simple safe & visual
  • #3,663
  • Jul 16, 2020 11:41am Jul 16, 2020 11:41am
Quoting Sohocool
{quote} Hi OAPDave , I hope you are well , I post a template (GBPUSD - EURUSD 5M) with PB channel color and Chikou Candles V1 indicators ( already post here) . PS ; i will see the video thanks {image} {image} {file}
Thanks for the template I will take a look.
PBoy uses HA candles ?
  • #3,664
  • Edited Jul 17, 2020 10:11am Jul 16, 2020 11:53am | Edited Jul 17, 2020 10:11am
Quoting OAPDave
{quote} Thanks for the template I will take a look. PBoy uses HA candles ?
You can try with HK .

A template GBPUSD EURUSD 5M with Heiken Ashi with shift indicator #post 3669

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KISS&V :Keep it simple safe & visual
  • #3,665
  • Edited 4:17pm Jul 16, 2020 3:48pm | Edited 4:17pm
It's been a bit of a chop zone but lots of nice scalps off the envelopes to be had.
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5 Min:
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  • #3,666
  • Jul 16, 2020 6:07pm Jul 16, 2020 6:07pm
Quoting parisboy
{quote} Look here : https://www.forexfactory.com/showthr...6#post12751156
Tradingview seems to give me an error anytime I copy this into the pine editor.

Is there any other place that I can find this.

As far as the code for the centered moving averages or should I just use another platform to create these envelopes.

I'm itching to get started just don't know how to make them centered instead of simple.
  • #3,667
  • Jul 16, 2020 8:43pm Jul 16, 2020 8:43pm
Quoting Sohocool
{quote} You can try with HK . A template GBPUSD EURUSD 5M with Heiken Ashi with shift indicator. {image} {image} {image} {image} {file} {file}
Dear Sohocool, love your charts that you posted and the down loads with them, I only have MT4 and the down load is not going well, is there a list some where of the indicators that go with that template, which currently only has the price. ???????.

Green to you all from Kiwi land.
  • #3,668
  • Jul 17, 2020 4:45am Jul 17, 2020 4:45am
Quoting kaihkaih
{quote} Tradingview seems to give me an error anytime I copy this into the pine editor. Is there any other place that I can find this. As far as the code for the centered moving averages or should I just use another platform to create these envelopes. I'm itching to get started just don't know how to make them centered instead of simple.
Try this :

study(title="Envelope", shorttitle="Env", overlay=true)
len = input(32, title="Length", minval=1)
octave = input(156.25)
src = input(close, title="Source")
exponential = input(false)
basis = sma(src, len)
k = octave
upper = basis + k
lower = basis - k
plot(basis, color=orange,offset=-16)
u = plot(upper, color=blue, offset=-16)
l = plot(lower, color=blue, offset=-16)
fill(u, l, color=blue)

save it in my script as Env32

use it on a naked chart

then copy it on the chart 2 times more

modify on the chart the Length parameters ( 256 , 128, 32) originally 32 and the Octave parameters - originally 156,25

all 3 Envelopes are offsetted 16 Time Units back
Attached Image
  • #3,669
  • Edited 12:21pm Jul 17, 2020 10:09am | Edited 12:21pm
Quoting Coffeebuff
{quote} Dear Sohocool, love your charts that you posted and the down loads with them, I only have MT4 and the down load is not going well, is there a list some where of the indicators that go with that template, which currently only has the price. ???????. Green to you all from Kiwi land.
Hi Coffeebuff,

Some explains how build PB channels -Heiken Ashi System.

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Attached File(s)
File Type: mq4 Heiken Ashi Shift.mq4   5 KB | 545 downloads
File Type: tpl 2020_PB_CHANNEL_HEIKEN ASHI 5M -16 V2.tpl   2 KB | 515 downloads
KISS&V :Keep it simple safe & visual
  • #3,670
  • Jul 17, 2020 10:58am Jul 17, 2020 10:58am
Quoting parisboy
{quote} Try this : study(title="Envelope", shorttitle="Env", overlay=true) len = input(32, title="Length", minval=1) octave = input(156.25) src = input(close, title="Source") exponential = input(false) basis = sma(src, len) k = octave upper = basis + k lower = basis - k plot(basis, color=orange,offset=-16) u = plot(upper, color=blue, offset=-16) l = plot(lower, color=blue, offset=-16) fill(u, l, color=blue) save it in my script as Env32 use it on a naked chart then copy it on the chart 2 times more modify on the chart the Length parameters ( 256...

THanks so much!

So now I'm just changing the octave depending on what ticker is on my chart.

Based on the doubled and divided parameters you spoke about at the beginning of the Thread.
  • #3,671
  • Jul 17, 2020 11:24am Jul 17, 2020 11:24am
Quoting OAPDave
Think you have to see it to believe it ?{image}
Said it yesterday look as if I will have to say it again today
You have to see it to believe it
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  • #3,672
  • Jul 17, 2020 11:51am Jul 17, 2020 11:51am
Quoting kaihkaih
{quote} THanks so much! So now I'm just changing the octave depending on what ticker is on my chart. Based on the doubled and divided parameters you spoke about at the beginning of the Thread.
Exactly. Good luck . Show us the results.
  • #3,673
  • Jul 17, 2020 12:04pm Jul 17, 2020 12:04pm
Quoting parisboy
{quote} Exactly. Good luck . Show us the results.
I shall. Also does this work on any currency. Such cryptocurrency along with stocks and forex?
  • #3,674
  • Jul 17, 2020 2:48pm Jul 17, 2020 2:48pm
Quoting kaihkaih
{quote} I shall. Also does this work on any currency. Such cryptocurrency along with stocks and forex?
YES IT WORKS TOO
  • #3,675
  • Jul 17, 2020 3:09pm Jul 17, 2020 3:09pm
I did a few projections based on my understanding of Tillman today, and the results were uncanny. Are you using this in your daily analysis / trading?
  • #3,676
  • Jul 17, 2020 3:12pm Jul 17, 2020 3:12pm
Quoting FXEZ
I did a few projections based on my understanding of Tillman today, and the results were uncanny. Are you using this in your daily analysis / trading?
From time to time, mostly when sinewaves are obvious within price action
  • #3,677
  • Jul 17, 2020 5:48pm Jul 17, 2020 5:48pm
Quoting parisboy
{quote} From time to time, mostly when sinewaves are obvious within price action
Ah thanks. I saw 3 spots on the S&P where the low/highs matched up with where the outer lines would logically be projected almost exactly (white arrows). I don't have a graphical tool to help me (yet) other than doing the calculations on my calculator. It was interesting how the indicated bottom also corresponded with an upward trendline. I realize swings may not extend to their extremes all the time like they did today but still very interesting. So if this patern holds up, next stop is 3202.25.
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  • #3,678
  • Jul 18, 2020 12:10am Jul 18, 2020 12:10am
Quoting parisboy
{quote} 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
Excellent point regarding the aim of the envelopes being to maximize trade-able contact points to assist in trading rather than just for aesthetics or to "envelope" the data. That's exactly the view I've taken in picking my parameters. While I wish I could have a really smooth and eye pleasing band - particularly the outer band, I find that doing so causes the bands to lag too much and thus miss many useful contact points. So I have wavy ugly envelope lines that are useful for spotting possible trigger points and more.
  • #3,679
  • Edited 8:42am Jul 18, 2020 5:53am | Edited 8:42am
Quoting FXEZ
{quote} Ah thanks. I saw 3 spots on the S&P where the low/highs matched up with where the outer lines would logically be projected almost exactly (white arrows). I don't have a graphical tool to help me (yet) other than doing the calculations on my calculator. It was interesting how the indicated bottom also corresponded with an upward trendline. I realize swings may not extend to their extremes all the time like they did today but still very interesting. So if this patern holds up, next stop is 3202.25.{image}
Your chart show the end result of the Underlying Trend in C

According to Hurst the Underlying Trend is the Sum of all Cycles whose period is greater than the Period of your yellow Envelope

In layman Terms IF you were a Buy and Hold investor your investment would, more precisevely could have started in A and ended in C

The Underlying Trend is a hurstian concept (and tool) very few researched and used
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  • #3,680
  • Jul 18, 2020 4:02pm Jul 18, 2020 4:02pm
Quoting parisboy
A key factor to understand Price Action Price Action is the Sum of TWO components : a) the depth / amplitude of the Considered Envelope - here the depth / Amplitude of the Envelope 128 Time Units = 1 Octave b) the Measured Move from Base to the End point of the Underlying Trend The Underlying Trend according to Jim Hurst in this case is the Sum of ALL cycles whose periods are greater than 128 Time Units Here the depth / Amplitude of the Enveloppe 128 = 6 Price Intervals and the Measured Move of the Underlying Trend = 15 Price Intervals Conclusion...
I think this relates to the post above. Can you tell me what you meant by 6 price intervals for the envelope, and 15 price intervals of the underlying trend. How did you calculate / measure those numbers?

https://www.forexfactory.com/attachm...1&d=1525861119
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