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  • #581
  • Oct 4, 2022 4:54am Oct 4, 2022 4:54am
[quote=Sincere007;14161841]
Quoting Swede
{quote} I really want to thank TONY for sharing everything... I love you both for helping and sharing... your posts are tremendous help. Got confused with the name as per above post... although oapdave is great too and I follow him but I follow swede more dave is more into murrey math and someone told me all the indicators of murrey math floating in market have wrong formula... anyhow stay blessed
Sincere007 that is in itself a stupid reasoning - not from you - but from all the guys repeating this non-sense without understanding the practical understanding of what they say

If you apply MANUALLY the Gann division by 8 of the Price Range between a Top and a Low there is no problem
If you apply MANUALLY the Murrey scaling 0-1, 0-10, 0-100 etc there is no problem too.

Nobody can write that "Murrey Math indicators floating in the market have wrong formula" because nobody knows " Murrey's formula"

I doubt very much that Murrey, who knows nothing about programming, had "a correct formula" . Murrey Math software was created by a german programmer Kristof Werling who "translated" what Murrey, who lives in Nashville Tennessee, told him. You see the difficulty at the beginning of the 90's ?

All the EA's about Murrey are "reengeneering programming" of Tim Kruzel Notes by guys who do not use the result for trading.
  • #582
  • Oct 4, 2022 4:56am Oct 4, 2022 4:56am
[quote=Sincere007;14161841]
Quoting Swede
{quote} I really want to thank TONY for sharing everything... I love you both for helping and sharing... your posts are tremendous help. Got confused with the name as per above post... although oapdave is great too and I follow him but I follow swede more dave is more into murrey math and someone told me all the indicators of murrey math floating in market have wrong formula... anyhow stay blessed
some discussion of the subject for your information

All "Murrey's Maths" developments (at least most of them) are based on Tim Kruzel notes widely available on the net..

Murrrey's book is rarely quoted by users. I assume that very few people have read it or own it.

The following post from a developper/programmer (2002) is for your information :

I had direct interchanges with Tim some 18 months to 2 years ago and noted or recall the following:

1) his widely disseminated notes were a rough draft; Tim Kruzel never intended for them to "get out" - that just kind of happened after he posted his e-mail to THM.

2) The process defined in Tim Kruzel's notes was a pretty good start; but is by no means the "right way" and (as Kruzel says) there are fundamental flaws.

3) Tim Kruzel AMM.EXE program uses later revision(s) of the algorithm. His metastock code is somewhere between the "notes" and "AMM".

4) Tim Kruzel's work past AMM.EXE; never made public or put into a program except for his own use.

5) Tim Kruzel doesn't trade exclusively on Murrey Math.

6) XChartMM is not "Kruzel's notes" applied graphically; I too started with his notes but quickly found they were not right (as Tim confirmed). Then I started to work, got a clue or two from Tim, and some time later, well, here we are.

But, only Murrey knows Murrey's actual algorithm! Tim doesn't know it, I don't know it.


7) There are a lot of "MM add-ons" in use for tradestation, metastock, this & that; most of them are 100% based on Kruzel's rough draft notes (which are not right as we already discussed and Kruzel confirmed).

Hence, there are a lot of frustrated people out there who say "Murrey's stuff doesn't work".

It's not "Murrey's stuff" unless you have Murrey's actual stuff!! Go to his classes and use his software to get the "real thing"!

This isn't an advert for THM either! It is "what is", plain and simple.

Note that nor Tim Kruzel nor the programmer explain us what is the correct way to use "Murrey' Maths" and what are the "fundamental flaws" of Tim Kruzel's notes which are widely disseminated
  • #583
  • Oct 4, 2022 8:23am Oct 4, 2022 8:23am
Quoting parisboy
Quoting Sincere007
{quote} Sincere007 that is in itself a stupid reasoning - not from you - but from all the guys repeating this non-sense without understanding the practical understanding of what they say If you apply MANUALLY the Gann division by 8 of the Price Range between a Top and a Low there is no problem If you apply MANUALLY the Murrey scaling 0-1, 0-10, 0-100 etc there is no problem too. Nobody can write that "Murrey Math indicators floating in the market have wrong formula" because nobody knows " Murrey's formula"
...
I am on your ignore list and your posts do not apply to my grid and methodology, you are not welcome to post here anymore. Remove your posts.

Sincere007 that is in itself a stupid reasoning This attitude is a insult and comments like this about someone's method are not welcome here.

Sincerere007, Parisboy is talking about you.
MY GRID. Markets are NOT random.
  • #585
  • Edited 12:53pm Oct 4, 2022 9:18am | Edited 12:53pm
Quoting parisboy
{quote} Tony when you quote, quote the full sentence "Sincere007 that is in itself a stupid reasoning - not from you - but from all the guys repeating this non-sense without understanding the practical understanding of what they say" It is the reasoning which is stupid because based on false premises , not the persons.
You are not welcome here do you understand that?

I choose not to ignore anyone for my own reasons, but that does not mean you can clutter my thread with your junk.
Remove ALL of your posts from my thread and do not post here again.

Your comment was in response to her post, her post was nothing about anyone's reasoning about a method to be classified stupid other than you disliked her liking Swede or Dave and myself.

Here is the crux of her post:

I really want to thank TONY for sharing everything... I love you both for helping and sharing... your posts are tremendous help. Got confused with the name as per above post... although oapdave is great too and I follow him but I follow swede more

Now leave!
MY GRID. Markets are NOT random.
  • #586
  • Oct 5, 2022 4:52am Oct 5, 2022 4:52am
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Attachment g
  • #587
  • Oct 5, 2022 7:01am Oct 5, 2022 7:01am
Quoting OAPDave
{image}4302517
There is an attachment that I cannot open, is that a link to another thread?

Your plotting is correct for measured moves / S&R.

Here is a free tip, S&R that breaks has a good probability of becoming a pivot, not the pivot point indicator levels, a swing pivot.
S becomes R and R becomes S.
MY GRID. Markets are NOT random.
  • #588
  • Oct 5, 2022 7:06am Oct 5, 2022 7:06am
Quoting tonyb123
{quote} There is an attachment that I cannot open, is that a link to another thread? Your plotting is correct for measured moves / S&R.
Think it may be because I edited my post as I though I had made a mistake on a couple of charts posted
I am moving around from grid size to grid size
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  • #589
  • Oct 5, 2022 7:08am Oct 5, 2022 7:08am
GBP/USD
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MY GRID. Markets are NOT random.
  • #590
  • Oct 5, 2022 7:22am Oct 5, 2022 7:22am
This is from my retracement thread which would give you a leg up in this thread.

The reason I use the levels with the numbers I use, is simply, it's simple. And they are more accurate than the Fibonacci numbers that everyone is using, which do not work IMO.
When a expected numerical D is hit and the market moves past immediately, that tells you something.
If after hitting the numerical D and the market retraces, that tells you something.
If after hitting the numerical D the market pulls back but does not hit your numerical C, that tells you something.
You cannot glean that information from the retracement numbers everyone uses. By using the standard Fibonacci numbers in the retracement and expansion tools that are standard on most platforms you cannot find out if the market reactions are accurate. The numbers they use are not even true Fibonacci numbers.
I got tired of using indicators and not knowing how they work, why they work or don't work.
This is the secret to the markets: it is all simple mathematics.
Every indicator built calculates a number with another number and plots a line, bar, or dot. That is mathematics at work.
Second: most trades are made by algorithms which are ideas translated into a mathematical sequence.
Look at the market at the end of the day on a 1 min chart, the market jumps up and down a thousand times in a few seconds hitting the same price on the top then the bottom. That is a algorithm doing that.
There is not a hundred guys or gals sitting there clicking a mouse a thousand times a second entering and exiting positions. It's all mathematics; simple mathematics.
MY GRID. Markets are NOT random.
  • #591
  • Oct 5, 2022 7:34am Oct 5, 2022 7:34am
Quoting tonyb123
GBP/USD{image}
Tony
Thanks for that
On a personnel note
A Dax chart would always be more useful to me. ( Haha )
  • #592
  • Oct 5, 2022 7:39am Oct 5, 2022 7:39am
Quoting OAPDave
{quote} Tony Thanks for that On a personnel note A Dax chart would always be more useful to me. ( Haha )
I'll bet! LOL

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MY GRID. Markets are NOT random.
  • #593
  • Edited 8:16am Oct 5, 2022 8:01am | Edited 8:16am
THE DAX (haha)
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  • #594
  • Oct 5, 2022 8:39am Oct 5, 2022 8:39am
Quoting OAPDave
THE DAX (haha) {image} {image} {image}
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MY GRID. Markets are NOT random.
  • #595
  • Oct 5, 2022 9:04am Oct 5, 2022 9:04am
Quoting tonyb123
{quote} {image}
HA
Just think how much more satisfaction you will get when you
Trade THE DAX
Inserted Video
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  • #596
  • Oct 5, 2022 10:23am Oct 5, 2022 10:23am
Here is the swing projection for GBP/USD AB 50
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MY GRID. Markets are NOT random.
  • #597
  • Oct 5, 2022 10:29am Oct 5, 2022 10:29am
Quoting OAPDave
{quote} HA Just think how much more satisfaction you will get when you Trade THE DAX https://youtu.be/nrIPxlFzDi0 {image}
Saw the Stones in East Berlin on their Steel Wheels tour after the wall came down. Best concert, huge party!
MY GRID. Markets are NOT random.
  • #598
  • Oct 5, 2022 10:35am Oct 5, 2022 10:35am
Quoting tonyb123
{quote} Saw the Stones in East Berlin on their Steel Wheels tour after the wall came down. Best concert, huge party!
To be honest could never take to them
  • #599
  • Oct 5, 2022 10:38am Oct 5, 2022 10:38am
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MY GRID. Markets are NOT random.
  • #600
  • Oct 5, 2022 10:46am Oct 5, 2022 10:46am
Quoting OAPDave
{quote} To be honest could never take to them
I was not a huge fan but tickets were free and it was the very 1st concert for East Berliners and Stones, a historic moment. Not to mention the HOT German women. and lots of
MY GRID. Markets are NOT random.
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