DislikedHello Tony, I have downloaded your template "Mygrid v2 . tpl". clicking on the button has no effect. Thank,sIgnored

I think you might need to see

POST 4

1

Sister Sites

Flexy Grid EA (Grid Trading) 1,335 replies

Grid - New indicator that replaces chart grid 57 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Double Time Grid and Pip Grid 0 replies

- Joined Jan 2015 | Status: Member | 3,408 Posts

DislikedHello Tony, I have downloaded your template "Mygrid v2 . tpl". clicking on the button has no effect. Thank,sIgnored

I think you might need to see

POST 4

1

- Joined Mar 2009 | Status: Member | 2,346 Posts

First I would like to say your Grid is a masterpiece, brilliant and thanks for making it available for anyone who wants to better themselves in this trading game.

I'm having some confusion at this point and perhaps you can direct me on this one question....As cable finished the week with a high nearing 90, then the pullback to 50 area, then reversed upward again closing at 80, I would have drawn my chart as posted below.

My question is on your chart also posted below....why did you draw the diagonals where you drew them? I know there is a simple answer, I just have not been able to unravel it....

I'm having some confusion at this point and perhaps you can direct me on this one question....As cable finished the week with a high nearing 90, then the pullback to 50 area, then reversed upward again closing at 80, I would have drawn my chart as posted below.

My question is on your chart also posted below....why did you draw the diagonals where you drew them? I know there is a simple answer, I just have not been able to unravel it....

1

- Joined Jun 2009 | Status: Member | 1,477 Posts

Disliked{quote} Good, I am providing some analysis for this pair with 50000 grid and 10000 grid. I like the sequential structure for this pair, I would put it up there with the crypto pairs. The only down is the wide moves in volatility, similar to BTC.{image}{image}Ignored

Another note worthy point to make is every pairs ABCD wave count will start at

Keeping the scale in mind,

Look at the picture to see the example.

For this index A = 0, B = 10,000. C = 5,000, D = 15,000 for the price scale.

For the level sequence (left side of chart) it will be: A to B = 1 - 1 - 1. C to D = 1 - 1 - 1. A B C D = 1 - 1 - 1 - 1.

My Grid. Markets are NOT random.

4

- Joined Jun 2009 | Status: Member | 1,477 Posts

DislikedFirst I would like to say your Grid is a masterpiece, brilliant and thanks for making it available for anyone who wants to better themselves in this trading game. I'm having some confusion at this point and perhaps you can direct me on this one question....As cable finished the week with a high nearing 90, then the pullback to 50 area, then reversed upward again closing at 80, I would have drawn my chart as posted below. My question is on your chart also posted below....why did you draw the diagonals where you drew them? I know there is a simple...Ignored

So as for the confusion, you are not. I have not explained that technique in this thread yet, it is something I use with the fib retracement tool.

But can be applied with only using the trend line as I have in this example.

The level sequence is A to B = 7 - 7. The C to D = 2 - 2. Which gives the largest ABCD.

If I use the same level numbers 7 - 7 for A and B I call that a 100% A B.

In this example I did a 7 - 2 as well, the level 2 being 50% of the distance of 7 - 7. I call that a 50% A B.

The diagonal lines represent the B to C leg of the A B C D, one for the 100% A to B and the other for the 50% A to B.

If you head over to my retracement thread and take a look there are 40 examples in the first few pages using the fib retracement tool which I do incorporate with the grid.

My Grid. Markets are NOT random.

1

- Joined Mar 2009 | Status: Member | 2,346 Posts

Disliked{quote} Hi Swede, Thanks so much for the compliment and your welcome. I hope everyone will see the benefit and become profitable or be even more profitable from my system. So as for the confusion, you are not. I have not explained that technique in this thread yet, it is something I use with the fib retracement tool. But can be applied with only using the trend line as I have in this example. The level sequence is A to B = 7 - 7. The C to D = 2 - 2. Which gives the largest ABCD. If I use the same level numbers 7 - 7 for A and B I call that a 100%...Ignored

2

- Joined Mar 2009 | Status: Member | 2,346 Posts

Dave speaking of measured moves......I think there can be many uses for the grid that we didnt think of...for example.

1....The Great British Pound trades in an average 20 day range of 130 pips or thereabouts.

2....Gann, Murray use octaves in nearly all their calculations...the division of 8

3....If we divide the daily range by 8 and set our grid to the value of that division we would use 16 approx.

4....Now if you do the calculation from the Session high on Friday to the prior low from the session beginning...well, look at the chart...interesting hey?

It would have caught the sell off Friday very accurately. Now, there was more to the picture....being the last trading day of the month where all holders tend to square their trades that could have caused the big move, but any way you slice it the measured move was accurate...

3

- Joined Jan 2015 | Status: Member | 3,408 Posts

Disliked{quote} Warning....don't anyone try this at home...lol This is not an approved method developed by Tony but is experimental only. Dave speaking of measured moves......I think there can be many uses for the grid that we didnt think of...for example. 1....The Great British Pound trades in an average 20 day range of 130 pips or thereabouts. 2....Gann, Murray use octaves in nearly all their calculations...the division of 8 3....If we divide the daily range by 8 and set our grid to the value of that division we would use 16 approx. 4....Now if you do...Ignored

- Joined Mar 2009 | Status: Member | 2,346 Posts

Then price totally retraced unexpectedly and where did it stall, just about the measured move....where longs where closed for the Month end..

**So, for Measured Moves, something that every trader should be aware off in their daily/weekly, hourly calculations I see a really great use for this grid. **

1

- Joined Jun 2009 | Status: Member | 1,477 Posts

Disliked{quote} Warning....don't anyone try this at home...lol This is not an approved method developed by Tony but is experimental only. Dave speaking of measured moves......I think there can be many uses for the grid that we didnt think of...for example. 1....The Great British Pound trades in an average 20 day range of 130 pips or thereabouts. 2....Gann, Murray use octaves in nearly all their calculations...the division of 8 3....If we divide the daily range by 8 and set our grid to the value of that division we would use 16 approx. 4....Now if you do...Ignored

My Grid. Markets are NOT random.

- Joined Jun 2009 | Status: Member | 1,477 Posts

DislikedThen price totally retraced unexpectedly and where did it stall, just about the measured move....where longs where closed for the Month end.. So, for Measured Moves, something that every trader should be aware off in their daily/weekly, hourly calculations I see a really great use for this grid. {image}Ignored

But going off base in grid size can hide certain things you would like to know and mask the intention of the market makers. So, if you choose to go off base: 0-5, 1-6, 2-7, 3-8, 4-9. I would suggest having another chart on base to compare against to find a confluence or divergence.

My Grid. Markets are NOT random.

2

- Joined Jan 2015 | Status: Member | 3,408 Posts

https://www.forexfactory.com/thread/...5#post13436015

Think this is important

Think this is important

1

- Joined Mar 2009 | Status: Member | 2,346 Posts

Disliked{quote} Its a traders multi purpose tool, so to speak. As you are showing there is a purpose for adjusting the grid size but I use it in a different way or rather I select the size for a different purpose. I call it going off base and it can be extremely accurate, like to the pip for weeks, months and years in advance. But going off base in grid size can hide certain things you would like to know and mask the intention of the market makers. So, if you choose to go off base: 0-5, 1-6, 2-7, 3-8, 4-9. I would suggest having another chart on base to...Ignored

1

- Joined Jun 2009 | Status: Member | 1,477 Posts

My Grid. Markets are NOT random.

1

- Joined Jun 2009 | Status: Member | 1,477 Posts

Disliked{quote} As I stated....this was just a little logic applied to levels based on Octaves, pretty fundamental.....I have to do study to understand your method for certain and at this point I have not followed your logic...I can see your on to something...I just don't know what yet...lol Another thing...math has never been my strong point so it takes me more time than for most of grasp a concept based on math....Ignored

My Grid. Markets are NOT random.

1

- Joined Jan 2015 | Status: Member | 3,408 Posts

Well you have come a very long way since them days with it

1

- Joined Jun 2009 | Status: Member | 1,477 Posts

Disliked{quote} Never went to school much Now I feel like I am trying to study at University I see a 5 0 5 9 4 9 x 2 1 6 1 {image}Ignored

Look for a 50% A B completed ABCD and a 100% A B completed ABCD.

My Grid. Markets are NOT random.

- Joined Jun 2009 | Status: Member | 1,477 Posts

Whoever is following it would be helpful to pick a pair I have not used and plot your all time analysis like this:

My Grid. Markets are NOT random.