Disliked{quote} Thanks- can you please help me interpret your table where you have encircled point "E"- Triangle Symetrique ? RegardsIgnored
Of all Waves /Cycles Patterns Symmetrical Contracting Triangles count for 13.5 % of all Patterns
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Analysis and Trading based on Envelopes, Waves, Cycles
- #8,383
- May 18, 2022 9:43am May 18, 2022 9:43am
After a somewhat long hiatus Ive returned to my studies of Hurst and this incredible thread. Questions for Parisboy (and/or Swede), would this be a correct interpretation of scaling? And, the 1 Unit of Time = 1 Unit of Price would be 22.5 degrees? Although it is a question regarding scaling, this does relate to my use of Hurst Tools in this thread. Finally, would the use of the Gann/Murrey Octave be best for FLD Pause Zones (or when price action is non-trending in a less than a 22.5 degree environment)? Apologies for the multiple questions. Thank you for your invaluable time. 
- #8,384
- May 18, 2022 11:58am May 18, 2022 11:58am
My apologies Parisboy. Ive answered my own questions after some homework (a.k.a. digging). OAPDave I use BTCUSD for 1m training which I am currently in practicum. It is a 24/7 market which allows me to study the Hurst Tools as needed.
- #8,385
- May 18, 2022 1:20pm May 18, 2022 1:20pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
My apologies Parisboy. Ive answered my own questions after some homework (a.k.a. digging). OAPDave I use BTCUSD for 1m training which I am currently in practicum. It is a 24/7 market which allows me to study the Hurst Tools as needed.
apologies accepted fomoslav !
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find the answers to your questions by yourself that is the best way to learn
what are these answers ?
- #8,386
- Edited May 19, 2022 4:55am May 18, 2022 1:52pm | Edited May 19, 2022 4:55am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
After a somewhat long hiatus Ive returned to my studies of Hurst and this incredible thread. Questions for Parisboy (and/or Swede), would this be a correct interpretation of scaling? And, the 1 Unit of Time = 1 Unit of Price would be 22.5 degrees? Although it is a question regarding scaling, this does relate to my use of Hurst Tools in this thread. Finally, would the use of the Gann/Murrey Octave be best for FLD Pause Zones (or when price action is non-trending in a less than a 22.5 degree environment)? Apologies for the multiple questions. Thank...
TradingView wiil help you to do it.
the key points to remember :
a) your screen can manage only a limited number of pixels, then dots, candles etc
b) to "scale" your chart whatever the Time Unit you use your computer within the TimeFrame on your screen determine the Highest point and the Lowest point of the Chart it has to show. Then your computer uses its default scaling algorithm. By default TradingView adds 5 % to the Highest position and 15 % to the Lowest position . These numbers can be modified.
Note that the Highest and the Lowest positions used to "scale" not necessaily corresponds to Tops and Lows only most of the time.
c) your screen is not a Square but a Quadrilater
d) you can not convert Price into Time because these 2 parameters are not of the same nature : Price can go back (return to a previous position), Time never returns to a previous position.
- #8,387
- Edited May 19, 2022 1:08pm May 18, 2022 1:53pm | Edited May 19, 2022 1:08pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,388
- Edited May 19, 2022 1:07pm May 18, 2022 1:54pm | Edited May 19, 2022 1:07pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,389
- Edited May 19, 2022 1:06pm May 18, 2022 1:56pm | Edited May 19, 2022 1:06pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,390
- Edited May 19, 2022 1:05pm May 18, 2022 1:58pm | Edited May 19, 2022 1:05pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,391
- Edited May 19, 2022 1:04pm May 18, 2022 1:59pm | Edited May 19, 2022 1:04pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,392
- Edited May 19, 2022 1:14pm May 18, 2022 2:00pm | Edited May 19, 2022 1:14pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,393
- Edited May 19, 2022 1:20pm May 18, 2022 2:01pm | Edited May 19, 2022 1:20pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,394
- Edited May 19, 2022 1:22pm May 18, 2022 2:36pm | Edited May 19, 2022 1:22pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #8,395
- Edited May 19, 2022 1:24pm May 18, 2022 2:37pm | Edited May 19, 2022 1:24pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
