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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

  • #5,341
  • Apr 12, 2021 6:27am Apr 12, 2021 6:27am
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  • #5,342
  • Apr 12, 2021 8:47am Apr 12, 2021 8:47am
there is nothing finer than banking 40 pips first thing Monday [email protected] the confluence between Murray Math, ADR, 256 envelope....these are no brainer reversal trades based on all the elements discussed of late.....very happy camper
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  • #5,343
  • Apr 12, 2021 9:21am Apr 12, 2021 9:21am
penny for your thoughts men
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  • #5,344
  • Apr 12, 2021 9:30am Apr 12, 2021 9:30am
Quoting OAPDave
{quote} Swede Have to agree with all you have said, you mentioned ADR which does not get mentioned to often , to me its very important You are a great edition to the thread so glad you are here, you seem to have the middleman role between Trading View and MT4 long may may last Great Trade you seem as consistent as Parisboy now with your pip gathering operation must be the new (John Deere Machine) Just Fantastic well done p.s This 1.3671 seems some level !!! {image}
I dont know if you remember a trader from Italy who developed the 00 (zero,zero) method of trading.....he was very disciplined and he would not enter a trade if the Average Daily Range had been broken or was even at the 80% of normal range....in other words price was probably exhausted by this level of activity and would probably reverse. That was about 10 years ago and it has stuck with me to this day...only I use the ADR as an expected reversal level and often trade the reversal....because I trade NY session...after the big moves out of London....to me ADR is a key part of the package...found it name was Udine
  • #5,345
  • Edited 1:21pm Apr 12, 2021 9:40am | Edited 1:21pm
Quoting RoninTheory
penny for your thoughts men {image}
Very hard to say much of value at this time of day....we are at the London wind down, volume has slowed....markets ranging...so any comment would only be a guess.

I do want to make one comment regarding the 45 Degree angle I showed on the Daily chart......this angle is of no value on other time periods unless you square out the chart both time and price using the division of 8. The grid has to be made up first, then squared, only THEN will your angles be correct on a chart, ur should I say useful on your chart....

for example...the one hour chart for Cable attached....the grid was made up using the tools as posted previously, then the angles can be placed and they mean something because the time and price are squared....
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  • #5,346
  • Apr 12, 2021 9:52am Apr 12, 2021 9:52am
Quoting FXEZ
Hey parisboy, after you posted the Delta book my searches took me to a work by Welles Wilder based on Jim Sloman's concept referenced in Ocean Theory, and the book is known as the Adam Theory of Markets. You seem to be well and widely read on many subjects and I was wondering if you're familiar with that book and the ideas in it and had any opinions on it. For myself, I'm just doing a first read of Adam Theory and am new to the concepts and their potential application.
The Mntiwana NMa's Ocean indicators thread .

In this thread i will be post Jim Sloman's "Ocean Theory" based indicators.
These indicators using Jim Sloman's formulas,which you can read about in his "Ocean Book".
I see rare traders know of these (comparing to rest of usual stuff though TEMA is widely used),especially newbies,so decided to post these at first,no doubts very interesting and compromising toys if used and adjusted skillfully.
Almost the journey (Ocean Indicators) start in since from 2008 and consist on a lot of variations.
All variations and versions posted here,are compatible with newest MT4 (nmc) as of today (date of posting) because MT4 continuously make changes due to some reasons (might be their imposing wish to force users towards MT5) -
Not a single code posted here,renamed and or decompiled,of course all reliable and originally coded by Mladen and Mrtools


https://www.forexfactory.com/thread/...ors-nmas-ocean?

KISS&V :Keep it simple safe & visual
  • #5,347
  • Edited Apr 13, 2021 5:54am Apr 12, 2021 9:53am | Edited Apr 13, 2021 5:54am
Quoting parisboy
{quote} FXEZ I am glad you credit me with my multi-omniscience !
parisboy, you mean you're not??? But seriously, you are very well read, and knowledgeable about many cycle related works and subjects and have selflessly shared that knowledge extensively here in this thread and elsewhere.

Quote
I have not the book about the Adam Theory of Markets. But may be I have an article or something about the Ocean Theory. I will check in my archives. {image}

The article in chapter 2 (Adam Theory) of the Sloman book you uploaded covers the main points about reflecting past market action into the future.

As you don't have the Wilder "Adam Theory of Markets" book, I tried uploading it here but FF says it is too big. I tried splitting the zip file but my zip file splitting skills were not up to the task. I'll post a drive link that will stay active for a few days. Maybe someone can download the book, split it and upload it here in this thread so others can take a look also.
  • #5,348
  • Edited 10:16am Apr 12, 2021 9:58am | Edited 10:16am
Quoting Swede
{quote} I dont know if you remember a trader from Italy who developed the 00 (zero,zero) method of trading.....he was very disciplined and he would not enter a trade if the Average Daily Range had been broken or was even at the 80% of normal range....in other words price was probably exhausted by this level of activity and would probably reverse. That was about 10 years ago and it has stuck with me to this day...only I use the ADR as an expected reversal level and often trade the reversal....because I trade NY session...after the big moves out of...
In fact, the first thing I look for when scanning my charts are ADR in the red zone....here we see GU, GA, GC....all in the red ADR...and all produced a nice reversal once the exhaustion set in, at least for now...these are usually short term trades....1-4 hours

Edit....btw...if you need a bit more real estate on your chart page...this little indicator will remove some of the border on mt4
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  • #5,349
  • Apr 12, 2021 11:25am Apr 12, 2021 11:25am
Quoting FXEZ
{quote} parisboy, you mean you're not??? But seriously, you are very well read, and knowledgeable about many cycle related works and subjects and have selflessly shared that knowledge extensively here in this thread and elsewhere. {quote} The article in chapter 2 (Adam Theory) of the Sloman book you uploaded covers the main points about reflecting past market action into the future. As you don't have the Wilder "Adam Theory of Markets" book, I tried uploading it here but FF says it is too big. I tried splitting the zip file but my...
I found it in my archives . It is 46,6 Mo . Not uploadable here. Has to be split
  • #5,350
  • Apr 12, 2021 11:28am Apr 12, 2021 11:28am
Quoting parisboy
{quote} I found it in my archives . It is 46,6 Mo . Not uploadable here. Has to be split


google drive means you share drive with some one else i think i never click google drive i could be wrong though
  • #5,351
  • Edited Apr 13, 2021 1:03am Apr 12, 2021 3:36pm | Edited Apr 13, 2021 1:03am
Quoting Sohocool
{quote} The Mntiwana NMa's Ocean indicators thread . In this thread i will be post Jim Sloman's "Ocean Theory" based indicators. These indicators using Jim Sloman's formulas,which you can read about in his "Ocean Book". I see rare traders know of these (comparing to rest of usual stuff though TEMA is widely used),especially newbies,so decided to post these at first,no doubts very interesting and compromising toys if used and adjusted skillfully. Almost the journey (Ocean Indicators) start in since from 2008 and consist on a lot of variations. All...
Thanks Sohocool

I never was impressed by Sloman and Wilders. I have a spontaneous defensivereaction when I read something like :

" the most important discovery on the markets "
" DELTA is a revolutionary discovery concerning the underlying nature of all markets".
or "DELTA Secret"


THIS SECRET HAS JUST BEEN REDISCOVERED... (Delta Phenomenon - page 4)

This discovery was absolutely staggering. That all markets are based on this order and therefor e are predictable must rank among the greatest discoveries of all time.


FUTURES TRADERS & MARKET ANALYSTS.THIS IS.. . THE MOST IMPORTANT DISCOVERY EVER MADE ABOUT THE MARKETS. THERE IS PERFECT ORDER BEHIND THE MARKETS... (The Delta Phenomenon - Foreword - page 4)

If you read The Delta Phenomenon again. the technical content seemsto me very limited. It is basic financial astrology
linking the Moon (1 Month) the earth and the Sun (1 Year = 12 months)

I was interested in Delta in 1998 / 2000 among other things. I was at that time a little naive but between up to 35.000 $ to send to Welles Wilder and 319 $ to send to Murrey (69 for the "book" and 250 for the EOD Software) I had the good reflex to chose the guy from Nashville. Even if the guy of Nasville has not stood the test of time.

as for the Mntiwana NMa's Ocean indicators thread, it is the typical thread " my MA is much better than yours"

I am very stubborn I stick to Centered Moving Averages without any niceties .

I read on Mntiwana thread :

NMA - Natural Moving Average
NMC - Natural Market Channel
NMM - Natural Market Mirror
NMR - Natural Market River
NMS - Natural Market Slope

I suspect many similarities between Channels and Envelopes, between Slopes and Angles

I even suspect some similarity between the Natural Market River and the new River Theory of Glenn Neely. I need to check.

By the way as everywhere Mntwana posted EA Ocean's Theory indicators but nobody cares to show us how to use them to trade

No surprise
  • #5,352
  • Apr 12, 2021 4:44pm Apr 12, 2021 4:44pm
Quoting parisboy
I never was impressed by Sloman and Wilders. I was interested in Delta in 1998 / 2000 among other things. I was at that time a little naive but between up to 35.000 $ to send to Welles Wilder and 319 $ to send to Murrey (69 for the "book" and 250 for the EOD Software) I had the good reflex to chose the guy from Nashville.
I did the same thing except in segment. And that software was truly BAD! Even if I had 35K I would never have given it for a book, back then you could get a small house for 35K. Had I done that, I would be aching about it to this very day after reading up on this Delta business. I do not know what happened to the man who invented the RSI, PSAR, and ADX/DMI. I still have that book. What made him go off the rails like he did would be very interesting I think.
If you are good at something, never do it for free--Joker
  • #5,353
  • Apr 12, 2021 4:53pm Apr 12, 2021 4:53pm
Quoting jmn5611
{quote} I did the same thing except in segment. And that software was truly BAD! Even if I had 35K I would never have given it for a book, back then you could get a small house for 35K. Had I done that, I would be aching about it to this very day after reading up on this Delta business. I do not know what happened to the man who invented the RSI, PSAR, and ADX/DMI. I still have that book. What made him go off the rails like he did would be very interesting I think.
as far as I remember the "Directors" of the Delta Society (which paid 35.000 $ each then 100.000 $ for the last incumbents for their membership fees ) had a fight about egos and the money .. Situation which was predictable without involving the Moon and the Sun

do you smell the odor of scam ?
  • #5,354
  • Apr 12, 2021 5:12pm Apr 12, 2021 5:12pm
Quoting parisboy
{quote} as far as I remember the "Directors" of the Delta Society (which paid 35.000 $ each then 100.000 $ for the last incumbents for their membership fees ) had a fight about egos and the money .. Situation which was predictable without involving the Moon and the Sun do you smell the odor of scam ?
As I was reading, the smell of bovine excrement began wafting out of the computer monitor and began to fill my trading nostrils. It is so regrettable that our industry is just full of these people. Maybe Welles Wilder just threw all of the TA that he developed out of the window and actually believed that stuff, who knows? Most traders who use TA are using at least one thing that he developed in his 1974 book to this day. I just fell over when I did some research on the Adam Theory and Delta. To be honest it reminded me of your earlier post about sacred cows.
If you are good at something, never do it for free--Joker
  • #5,355
  • Edited 1:16am Apr 13, 2021 1:05am | Edited 1:16am
Quoting parisboy
{quote} as far as I remember the "Directors" of the Delta Society (which paid 35.000 $ each then 100.000 $ for the last incumbents for their membership fees ) had a fight about egos and the money .. Situation which was predictable without involving the Moon and the Sun do you smell the odor of scam ?
bazzlurhman " be careful whos advice you buy ... be patient with those who wish to dispense it

i just like reading things like that because there are more than one person proffessing an order or cycle nature to markets not to get caught up in the dream that you can pay for a magic bullet be it with sentient or delta or any other "softwear" package for that matter....

these things if they exist ultimately ... can and should be drawn and used / deemed useful before and exchange of moneys ever

the sun and moon cycle i find interesting there a hw steel video about this on youtube

so if what alain is saying is well founded as he is ofcourse well versed then the statement of it being nothing to do with gan is false

Inserted Video

dont know if that what paris boy is referring too

i mean i openly knew im stupid the majority of my life but i really am on a new dawning of how shut my eyes were to things ...
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  • #5,356
  • Apr 13, 2021 3:22am Apr 13, 2021 3:22am
BITCOIN

Closed Long Position + 2.833 points

This trade is certified free of all esoteric market theories influence.

When used to help following the trade, (Valid) Trend Lines are drawn manually
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  • #5,357
  • Apr 13, 2021 3:29am Apr 13, 2021 3:29am
BITCOIN

This "Tillman Fork" is shown to help the reader to understand why the previous trade has been closed

The 3 parrallel lines have been manually drawn.
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  • #5,358
  • Apr 13, 2021 4:38am Apr 13, 2021 4:38am
tight stop
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  • #5,359
  • Apr 13, 2021 5:01am Apr 13, 2021 5:01am
Interesting
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  • #5,360
  • Apr 13, 2021 6:27am Apr 13, 2021 6:27am
Quoting parisboy
{quote} Thanks Sohocool I never was impressed by Sloman and Wilders. I have a spontaneous defensivereaction when I read something like : " the most important discovery on the markets " " DELTA is a revolutionary discovery concerning the underlying nature of all markets". or "DELTA Secret" THIS SECRET HAS JUST BEEN REDISCOVERED... (Delta Phenomenon - page 4) This discovery was absolutely staggering. That all markets are based on this order and therefor e are predictable must rank among the greatest discoveries of all time. FUTURES TRADERS & MARKET...
Parisboy,

I totally agree about the Ocean Theory & the above indicators. For the most part the standard EMA is just as good as those posted above. As for The Delta Phenomenon I believe Jim was on to something with that one. I have the book & have been able after much work replicate Delta on MT4. Does it match the Delta software? I have no idea, but following the book it appears close enough. Beyond Delta I think Sloman is more of a philosopher than a trader. Good at designing software, but what good is the software if losing you money. I have found no one that has made a $ with Ocean, but thats not evidence it doesn't work for some. In the beginning of Delta the salesmen would sing to you all day long the greatness of Delta hoping for that 35K needed to join that elite Delta group. Now only vague sharing of the goodness. I know one trader that joined that group & he will say very little about his success or failure, but I get the impression he stays silent more from non disclosure non compete document signings. I do believe Delta has merits so does Michael Jenkins as he states in one of his pdf's posted here that he uses astrology in some of his trading. Delta from my research is based on the moon cycles hence astrology. After reading Jenkins statement I am a firm believer in the usefulness of Delta. Jenkins has few if any peers in these matters. Jenkins also states he only knows 13 traders using Gann to trade & the true core of what Gann did is only in the hands of a very few. For me the only Gann method is the Square of Nine as I use it to help confirm or refute the way I trade. There are indicators for everything, but I've never found one for The Delta Phenomenon. Why is that?

There is a genius born everyday in the trading business, but few are a true genius. Many fail in the end. I have looked at & tried many indicators, but no EA & most are useless. Beside your method of using envelopes as Hurst taught there are two other threads on this site that share info of value & one of those has left the building as he tired of constant ridicule & naysayers. Some on these forums if they don't understand something instead of trying to learn they start ridiculing those trying to share. I look at a method & try to understand the concept & if after trying & asking questions I still don't understand I move on. When I first discovered your site my first thought was what a bunch of lines appearing to go now where, but then I remembered one of Hurst's books I had & started to review what he shared. Then I started to understand what you were are sharing. Your thread is a treasure trove of great information. For me the envelopes & trendlines & a clear understanding of the prevailing trend is about all you need if you put in the hard work & time to really understand what is taking place around the envelopes. The envelopes are simple by design, but not so simple to trade without the hard work. All the other squares, lines etc being posted here are not necessary for trading, but if it works for some certainly trade away. Don't trade them, but the DMA's (Displace Moving Averages) works well trading when all lines intersect. More of the Hurst methods.

Parisboy you always seem to stick with your core method & that is why your the best in the field of envelopes & other Hurst ways. In my research I find none better than you on any forum. Thank you for your efforts as I have learned much from you in a very short time. I have been in this business well over 35 year & continue to learn more everyday. Your not only a teacher, your a trader as well. I hope new traders will soon find your thread, dig in & save themselves from the allure of many failing methods & teachers lurking around every corner in the great world of trading.
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