Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Planetary cycles, astrological theory of cycles of the markets 510 replies

Forecast Forex using Numeric Cycles and Astrology Cycles 38 replies

Planetary Cycles... Plotting Cycles into the Future 0 replies

Market Waves are NOT Cycles 8 replies

Waves/Trends/Cycles 0 replies

Attachments: Analysis and Trading based on Envelopes, Waves, Cycles
Exit Attachments

Analysis and Trading based on Envelopes, Waves, Cycles

Alain, I'm confused about the squaring of these charts.

Am I wrong in my assumption that to square a chart in price and time would give a ratio of price to time that would be consistent for that chart. (eg. hypothetical chart is squared when 1day gives $1 in value.)

The reason I ask is because the charts you've presented vary.
One rises $12 for each 6 days - so $2 for each day.
Another rises $63 for each 280 days - so 0.22c per day
Another rises $16 for each 90 days - so 0.17c per day.
Attached Image (click to enlarge)
Click to Enlarge Name: BARC.ukDailya.png Size: 67 KB
Attached Image (click to enlarge)
Click to Enlarge Name: BARC.ukDailyb.png Size: 69 KB
Quoting tmpascoe
Alain, I'm confused about the squaring of these charts. Am I wrong in my assumption that to square a chart in price and time would give a ratio of price to time that would be consistent for that chart. (eg. hypothetical chart is squared when 1day gives $1 in value.) The reason I ask is because the charts you've presented vary. One rises $12 for each 6 days - so $2 for each day. Another rises $63 for each 280 days - so 0.22c per day Another rises $16 for each 90 days - so 0.17c per day.
Terry practically Price Time could be very different .
Relatively to the time frame you use 1 mn; 5 mn 30 mn 1 Hour etc.

If you consider this 8 Year Chart Price has fluctuated within a Fractal of Price of 0-250 and effectively from 37.5 to less than 250. Let's say that Price in 8 Years has progressed from 200 $. 25 $ a year in average , 2 $ a month etc
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
Quoting tmpascoe
Alain, I'm confused about the squaring of these charts. Am I wrong in my assumption that to square a chart in price and time would give a ratio of price to time that would be consistent for that chart. (eg. hypothetical chart is squared when 1day gives $1 in value.) The reason I ask is because the charts you've presented vary. One rises $12 for each 6 days - so $2 for each day. Another rises $63 for each 280 days - so 0.22c per day Another rises $16 for each 90 days - so 0.17c per day.
And we can consider that Price and Time have "Squared " in Gann sense
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
Just playing with the tools I have got
(MT4)
Prefer Weekly for shares under £5
ps
Give me a little time to digest your posts and instructions
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TSCO.ukWeeklyb.png Size: 49 KB
Click to Enlarge Name: TSCO.ukWeeklya.png Size: 50 KB
Click to Enlarge Name: TSCO.ukWeeklyc.png Size: 53 KB
Click to Enlarge Name: BP.ukWeekly.png Size: 57 KB
Quoting tmpascoe
{quote} Many thanks Dave. That's cleared that up.
Terry
As you can see above, I have been toying with Weekly Share Set Ups
Taking note of PB posts
I have changed my method of set up to be more in keeping with PB advice
Dave
Quoting OAPDave
{quote} Terry As you can see above, I have been toying with Weekly Share Set Ups Taking note of PB posts I have changed my method of set up to be more in keeping with PB advice Dave
Dave, I wouldn't discard the indicator just yet though.

I've written a bit of code that adds the first part of Alain's method to the chart, the bit before you zoom in. You can see that the previous indicator matches those lines perfectly.

imho the indicator we're using is doing Alain's next step, zooming in to enlarge the price chart to a useable size.

I will combine both parts of the indicator as it's good to know where we're located on the larger fractal. For example, SP500's minor fractal 8/8 line is the major fractal 4/8 line so strong resistance overhead, while Bitcoin's minor fractal 8/8 line is the major fractal's 3/8 line so resistance not quite so strong.

Pictures show both indicators overlayed.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 44 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 40 KB
note the major fractal on the right as per Murrey/Kruzel
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB

Adjusting the minor fractal so that major S/R levels align may give a clue to the indicator lookback setting. Perhaps bitcoin to 50K before retracement. This is where major 4/8 and minor 4/8 align.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 45 KB
MM128 setting on indicator lines up minor fractal 8/8 with major fractal 4/8 at $5000. Interesting.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 56 KB
Quoting tmpascoe
MM128 setting on indicator lines up minor fractal 8/8 with major fractal 4/8 at $5000. Interesting. {image} Copy of indicator for those that are interested. https://www.tradingview.com/script/A...ey-Math-Lines/
Terry
Must say what fantastic work, just brilliant
As you know I am still on MT4
So my rather crude way to
Square my Charts Is
as per post
Once done, you can add a Gann Grid of any size

as I have said its crude but gets me by
Attached Image (click to enlarge)
Click to Enlarge Name: SPX500WeeklySQ.png Size: 41 KB
MM 256
13 weeks boxes
October Start
Attached Image (click to enlarge)
Click to Enlarge Name: BARC.ukWeekly.png Size: 61 KB
My BTCUSD view on Daily..... starting fast MA 14 days
Attached Image (click to enlarge)
Click to Enlarge Name: download.png Size: 12 KB
Here you have an Operative Fractal of Price 0-312.5

312.5 = 250 + 25 %

but you could ALSO and AT THE SAME TIME use a 0-375 Fractal of Price
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 55 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
not updated chart
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
Quoting OAPDave
Be careful do not hurt my feelings, spent 3,125 hrs learning Murrey but at last financial year I was 3.125 million up
Alain
Those were the days
  • Post #11,617
  • Quote
  • Edited Nov 27, 2023 5:33am Nov 26, 2023 11:15am | Edited Nov 27, 2023 5:33am
Quoting OAPDave
{quote} Alain Those were the days
Dave the only question of importance is : does the Murrey / Kruzel methodology is useful for Analysis and Trading ?

My answer is Yes.

It is the exclusive merit of T.H. Murrey to have promoted the concept. and the 9 Horizontal Lines / 8 Intervals Methodology

It is the specific merit of Tim Kruzel to have explicited us the same methodology in a practical, tradable way.
Very nice move. Double top, top of 32/128/256 channels, almost at 8/8 MML, broken VTL for entry.

Moved right across the minor fractal fro 8/8 MML to 0/8 MML - giving 9R trade.

This shows the power of combining several methods utilizing Gann, Millard, Hurst, Murrey.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 94 KB
Quoting tmpascoe
Very nice move. Double top, top of 32/128/256 channels, almost at 8/8 MML, broken VTL for entry. Moved right across the minor fractal fro 8/8 MML to 0/8 MML - giving 9R trade. This shows the power of combining several methods utilizing Gann, Millard, Hurst, Murrey. {image}
Setting up some shares ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MCD.usDailya.png Size: 30 KB
Click to Enlarge Name: MCD.usM30a.png Size: 36 KB
18 traders viewing now, 2 are members:
parisboy
,
assistant87