Disliked{quote} Geester The best way to understand the interest of the 16-period negative offset on the channels is to compare yourself both solutions https://www.forexfactory.com/thread/...7#post12751127Ignored
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Disliked{quote} Geester The best way to understand the interest of the 16-period negative offset on the channels is to compare yourself both solutions https://www.forexfactory.com/thread/...7#post12751127Ignored
Disliked{quote} Thanks for that reference - very interesting indeed. It seems that each cycle should be offset by half of its average. I have my own version of the PB_Gann MT4 indicator available on this thread. I'll apply the offset capability to the larger channels and see how effective that is. Cheers.Ignored
DislikedMurrey 128 Envelopes either 122 244 488 976 1952 3904 {image} {image} {image}Ignored
Disliked{quote} Swede I had the same version of Murrey as you ( it turn up on Masterrminds Thread) but for some reason I cannot get it to work now, even reloaded it, you can change the colors ,thickness of lines and even delete lines with yours I always had yours and Xard777 version side by side as a double check on things as to when, what I call a Chart-Shift happens Its just like when your Weekly Pivots reset on a Monday The only thing we do different is Being its an hourly chart I say that there is roughly 128 bars in a week hence making the levels similar...Ignored
Disliked{quote} Geester you have 3 Solutions to build the Envelopes a) the Hurst one (1970) : each cycle should be offset by half of its Centered Moving average period b) after people used Personnal computers they tried to extrapolate or interpolate the "lag" - the part between the end of the Centered Moving Averages and the present day ( you choose the way you want to interpolate) c) Using an offset of - 16 for ALL Envelopes is a compromise between a) and b)Ignored
Disliked{quote} Hi Jmn5611 Seen the video about and noted the praise it gets but never watched it Now in respect to you I have watched all 4 parts To be honest found the first 3 parts a tough watch sole reason being in my early days I owned trained and raced greyhounds so you could call me a gambler but I like to think with an edge. Also very disciplined with my money and its management But I do realize there is a reason for him setting the scene and they did have merit Part 4 was obviously the best and yes was full of useful trading tips with out going...Ignored
Disliked{quote} Just a heads-up. Here is EURUSD/H4 with the offset(s) at 1/2 of the respective MAs. {image}Ignored
Disliked{quote} Just a heads-up. Here is EURUSD/H4 with the offset(s) at 1/2 of the respective MAs. {image}Ignored
Disliked{quote} Just a heads-up. Here is EURUSD/H4 with the offset(s) at 1/2 of the respective MAs. {image}Ignored
Disliked{quote} Do you feel the 1970 3-channel offsets provide any more information or insight? Right now, with my inexperienced eye, I cannot see any particular advantage but I'd be interested in your opinion about this.Ignored
Disliked{quote} Beauty is in the eye of the beholder ! Obviously if I use it systematically the answer is YES In fact the difference between both charts is relatively slim from an analytical point of View Subliminally we ALL prolounged the existing 3 curves and 3 Trends Then the 3 Envelopes offsetted - 16 are just a SPECIFIC, simple way of formalizing this reality. Notice that Price Action Charting is correctly positioned Envelope 32 is correctly positioned From a Trading Point of View The Translation on the Right of the...Ignored
Disliked{quote} Here is an M1/GU trade I'm in with the channels all using their own offsets. {image}Ignored