Thank you for the thread i have searched all around forexfactory for focal points, but i was still lost till i came here... i follow this thread diligently and efficiently... once again thank you..
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DislikedUsing the DSS Bressert.ex4 as a possible over sold / brought indicator to show your swinging back to the target point?Ignored
DislikedI would think from just observing that there might be a need to further seperate focal points into major and minor focal points. The big yellow circled are major focal points The squares are minor focal points Would that make sense? @Pairsboy @Robots4me I am closely following this Thread but I likely wont write much, I know that I dont know anything about this. I might ask some stupid questions here and there though if it doesnt disturb the Thread.Ignored
DislikedI would think from just observing that there might be a need to further seperate focal points into major and minor focal points. The big yellow circled are major focal points The squares are minor focal points Would that make sense? @Pairsboy @Robots4me I am closely following this Thread but I likely wont write much, I know that I dont know anything about this. I might ask some stupid questions here and there though if it doesnt disturb the Thread.Ignored
DislikedI would think from just observing that there might be a need to further seperate focal points into major and minor focal points. The big yellow circled are major focal points The squares are minor focal points Would that make sense? @Pairsboy @Robots4me I am closely following this Thread but I likely wont write much, I know that I dont know anything about this. I might ask some stupid questions here and there though if it doesnt disturb the Thread.Ignored
Dislikedstupid real messages and my answers https://www.forexfactory.com/thread/...7#post12857407 https://www.forexfactory.com/thread/...5#post12864515 https://www.forexfactory.com/thread/...1#post12868291 https://www.forexfactory.com/thread/...9#post12868579Ignored
Disliked{quote} I was thinking some more about your question and the way I answered. I need to think about this some more. Focal Points are new to me -- I have about a 24-hour head start on you. But I know and trust @parisboy, and my earlier discussion with him really grabbed me. So I decided to jump in with both feet. As far as I know mine is the first MT4 Focal Points indicator. There is no "standard algorithm" for detecting Focal Points. I am in uncharted waters. I think I may need to modify and improve the way I'm detecting and identifying Focal Points....Ignored
Disliked{quote} My 2 cents on the subject.It is a "breadth" / tolerance problem. I am totally illiterate in coding. But I think what I call "operative statistics" could help to take a decision for coding a) we have to determine which price bar is crossed by CMA 16, 32, 54 , 128, 256 b) then we choose which Focal Point we want to Analyze ex ; FP 163264128 c) then we measure the number of bars between CMA 128 crossing with price and the others CMA intersections with Price. d) we determine the parameter which includes "most of" what we visually determined...Ignored
DislikedWhy you do not need High Mathematics , Fourier Transform and the like to identify Cycles in Price Action {image} {image}Ignored
DislikedWhy you do not need High Mathematics , Fourier Transform and the like to identify Cycles in Price Action this an exemple of a spectral analysis which was the basis from which Hurst told us hat he based its "Nominal Model" if you study closely the output - the frequencies at work within the data - you see that the real question is not to get the frequencies at work in the data , but how to assemble, to classify these frequencies to use them in your trading. Envelopes , if not perfect, give you a "robust but not bad'" answer to this question Envelopes...Ignored
Disliked{quote} Okay -- and where are the Focal Points? Are they buried in there someplace? What's the connection between Cycles and Focal Points?Ignored
Disliked{quote} My 2 cents on the subject.It is a "breadth" / tolerance problem. I am totally illiterate in coding. But I think what I call "operative statistics" could help to take a decision for coding a) we have to determine which price bar is crossed by CMA 16, 32, 54 , 128, 256 b) then we choose which Focal Point we want to Analyze ex ; FP 163264128 c) then we measure the number of bars between CMA 128 crossing with price and the others CMA intersections with Price. d) we determine the parameter which includes "most of" what we visually determined...Ignored
Disliked{quote} Hurst did not used "Focal Points" but he gave us the First Brick : the intersection of the Full Period Moving Average and of the Half Period Moving Average to calculate a Target Price and confirming a Top or a Low. But Hurst wrote (page 98) "This quality of the Half Period can only work, of course if the price-motion model is a correct representation of stock price fluctuations. That it does work - time after time - is very powerful evidence indeed for the validity of the model" It is where is the link between Cycles and Focal Points . You...Ignored
Disliked{quote} @parisboy -- what do you think about defining a Focal Point as a crossing of SMA(128) and SMA(32). Visually it looks good and it greatly simplifies this tolerance issue -- in fact, it may go away. We've already agreed that SMA(128) is king. Plus, identifying which Focal Points to trust already requires a fair amount of discretion. We can continue fiddling with this later, but for now I think that 32x128 is the way to go, unless you strongly disagree.Ignored
Disliked{quote} @parisboy -- what do you think about defining a Focal Point as a crossing of SMA(128) and SMA(32). Visually it looks good and it greatly simplifies this tolerance issue -- in fact, it may go away. We've already agreed that SMA(128) is king. Plus, identifying which Focal Points to trust already requires a fair amount of discretion. We can continue fiddling with this later, but for now I think that 32x128 is the way to go, unless you strongly disagree.Ignored
Disliked{quote} I think we have to test all options to be serious and to know (we have a great coder on this thread! ) CMA 16 gives us only forewarning of a potential Change in Trend Hence it leaves us 32 and 64. It would be useful to compare both solutions on a kind of backtest even empirical.Ignored