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

  • #11,901
  • Dec 14, 2023 6:26am Dec 14, 2023 6:26am
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  • #11,902
  • Dec 14, 2023 6:51am Dec 14, 2023 6:51am
Hi Dave,

Those 3 charts you just posted look good with the cycles overlaying the MM levels. Gives a really clear picture of where price action stands at those moments. What are the vertical lines if I may ask? I know you are a Murrey fan & so am I too to a point, but Murrey I believed never truly shared what his Murrey Math was really all about. The starting point of his software did he really share the truth about that? Anyway, Murrey did leave us with some great ideas to ponder & work with.
  • #11,903
  • Dec 14, 2023 7:03am Dec 14, 2023 7:03am
Quoting acetrader
Hi Dave, Those 3 charts you just posted look good with the cycles overlaying the MM levels. Gives a really clear picture of where price action stands at those moments. What are the vertical lines if I may ask? I know you are a Murrey fan & so am I too to a point, but Murrey I believed never truly shared what his Murrey Math was really all about. The starting point of his software did he really share the truth about that? Anyway, Murrey did leave us with some great ideas to ponder & work with.
Time Lines
1up ?
1down ?

ps
What I am seeing is that once you have a grid, you can add P/Boys indicators, then its just BINGO
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  • #11,904
  • Dec 14, 2023 7:48am Dec 14, 2023 7:48am
I am finding Shares easy to work with
better for Trading Days
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  • #11,905
  • Edited 8:29am Dec 14, 2023 8:09am | Edited 8:29am
Quoting acetrader
Hi Dave, Those 3 charts you just posted look good with the cycles overlaying the MM levels. Gives a really clear picture of where price action stands at those moments. What are the vertical lines if I may ask? I know you are a Murrey fan & so am I too to a point, but Murrey I believed never truly shared what his Murrey Math was really all about. The starting point of his software did he really share the truth about that? Anyway, Murrey did leave us with some great ideas to ponder & work with.
ACE all that is VERY SIMPLE.

First Axiom : There is NO Gann Secrets, which explain nobody has ever be able to found them. (and vice versa)

In the present case there is NO MURREY Secrets or HIDDEN Trading Methods, or methodology.

I have the advantage on many here to have followed the entire story since 1998.

I will continue to post various messages of various Murrey users of this period to prove it.

Look at Dave Chart you can ON THE SPOT observe a Descending (1x1) Angle going from the Upper left corner of your screen (which is not a "Square" ) up to the Lower Right of your Screen. Then you just have to divide your screen into 8 Price Levels and 8 Time Levels.

That your platform or software can quickly and easily do it is another subject.
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  • #11,906
  • Dec 14, 2023 8:20am Dec 14, 2023 8:20am
Quoting acetrader
Hi Dave, Those 3 charts you just posted look good with the cycles overlaying the MM levels. Gives a really clear picture of where price action stands at those moments. What are the vertical lines if I may ask? I know you are a Murrey fan & so am I too to a point, but Murrey I believed never truly shared what his Murrey Math was really all about. The starting point of his software did he really share the truth about that? Anyway, Murrey did leave us with some great ideas to ponder & work with.
Ace, The link between the Envelopes and the" MM Levels" is :

the Envelope 256 Time Unit is built using The Centered Moving Average 256

whose Amplitude is CMA 256 +/- 1 Octave
whose Amplitude is CMA 256 +/- 1/8 of the operative Price Range
whose Amplitude is CMA 256 +/- 1 MML Interval

CMA 128 and 32 are just sub-harmonics of 2 . (Halving process)
  • #11,907
  • Dec 14, 2023 8:28am Dec 14, 2023 8:28am
Quoting parisboy
{quote} ACE all that is VERY SIMPLE. First Axiom : There is NO Gann Secrets which explain nobody has ever be able to found them. (and vice versa) In the present case there is NO MURREY Secrets or HIDDEN Trading Methods, or methodology. I have the advantage on many here to have followed the entire story since 1998. I will continue to post various messages of various Murrey users of this period to prove it. Look at Dave Chart you can ON THE SPOT observe a Descending (1x1) Angle going from the Upper left corner of your screen (which is not...
Alain
Please do not take my crayons away from me
When I am having so much fun
Your are obviously correct, you just manage to find the simplest way to operate, me well ?
Alas no
  • #11,908
  • Dec 14, 2023 8:30am Dec 14, 2023 8:30am
Quoting parisboy
{quote} Ace, The link between the Envelopes and the" MM Levels" is : the Envelope 256 Time Unit is built using The Centered Moving Average 256 whose Amplitude is CMA 256 +/- 1 Octave whose Amplitude is CMA 256 +/- 1/8 of the operative Price Range whose Amplitude is CMA 256 +/- 1 MML Interval CMA 128 and 32 are just sub-harmonics of 2 . (Halving process)
Hells Bells That a dam good post
Never thought of it that way before
  • #11,909
  • Dec 14, 2023 9:05am Dec 14, 2023 9:05am
NQ1, trend ist flat:
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Stick to the plan!
  • #11,910
  • Dec 14, 2023 10:23am Dec 14, 2023 10:23am
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Courtesy of Terry Pascoe
  • #11,911
  • Dec 14, 2023 10:34am Dec 14, 2023 10:34am
Quoting OAPDave
{quote} Time Lines 1up ? 1down ? ps What I am seeing is that once you have a grid, you can add P/Boys indicators, then its just BINGO {image} {image}
Dave thank you for your response. I have always admired you MM charts & other related post. Are you able to share the MM indicator you are using? If not, I understand. I find it helpful the added information that MM indicator displays.
  • #11,912
  • Dec 14, 2023 11:42am Dec 14, 2023 11:42am
Quoting parisboy
{image}Courtesy of Terry Pascoe
  • #11,913
  • Dec 14, 2023 1:28pm Dec 14, 2023 1:28pm
Quoting tmpascoe
Updated the MML indicator to trading days rather than calendar days. See how that looks. https://www.tradingview.com/script/A...ey-Math-Lines/
Well Terry, thats the answer, the TD setting gives a timinglines match with the OEM MMTF SW in this example.
My suggestion is that you might leave your TV code with a CD/TD toggle for the user - because I suspect that some instruments will "resonate" better with one or other setting; as in the random stock I selected in this test, it actually is better aligned with the CD frame setting, and I guess users will have to find their own instruments best match.
Anyway, your MM tool is excellent, well done again.

BTW, has your "PB" Tillman CMAs code been removed from TV?
  • #11,914
  • Dec 14, 2023 3:46pm Dec 14, 2023 3:46pm
Quoting GSQ120
{quote} Well Terry, thats the answer, the TD setting gives a timinglines match with the OEM MMTF SW in this example. My suggestion is that you might leave your TV code with a CD/TD toggle for the user - because I suspect that some instruments will "resonate" better with one or other setting; as in the random stock I selected in this test, it actually is better aligned with the CD frame setting, and I guess users will have to find their own instruments best match. Anyway, your MM tool is excellent, well done notagain. BTW, has your "PB" Tillman CMAs...
not perfect but am a newbie user. That is my learning curve
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  • #11,915
  • Dec 14, 2023 3:47pm Dec 14, 2023 3:47pm
Quoting parisboy
{quote} ACE all that is VERY SIMPLE. First Axiom : There is NO Gann Secrets, which explain nobody has ever be able to found them. (and vice versa) In the present case there is NO MURREY Secrets or HIDDEN Trading Methods, or methodology. I have the advantage on many here to have followed the entire story since 1998. I will continue to post various messages of various Murrey users of this period to prove it. Look at Dave Chart you can ON THE SPOT observe a Descending (1x1) Angle going from the Upper left corner of your screen (which is not...
Hi Parisboy,
After I read this post, I spent the next several hours pondering the contents & have come to the conclusion that you're correct. There is NO SECRETS. There is order in the markets, but NO SECRETS. What you freely share in you thread is nothing short of AWESOME. Every up & coming new trader should be so blessed to discover your thread & avail themselves of the vast knowledge of cycle trading that you share so freely. You have NO peers when it comes to cycles & all related matters.

Cycles are not my primary way of trading, but I have the indicator PB_Cycles_V1.03 on several pairs that I do trade using cycles. This is a great indicator for plotting cycles on the chart, but on several pairs the indicator will not load correctly. I wish I had discovered your thread early into my forex trading journey.

Parisboy I would like you view on somethings. Using the 200 EMA as a base I have the levels of 400, 600 & 800 set & use this as a cycle indicator. Do you think that is a viable way to locate cycles, or do we need the 256, 128 & 32 levels as you display on your charts? I have captured some good turn using this.

Would you go back to my post #11,844 & give me your view & thought?

My trading currently can be best described as a combination of Cycles, Murrey Math, Gann & a method I put together after reading every post I could find by Trader Crucial Point who posted on Forex Factory at one time. Not sure what happened to Crucial Point, but he shared several compelling trading nuggets in his post. He had many naysayers.

Parisboy you have few to no naysayers & you know why. You are not sharing a bunch of theories, indicators, EA's & other nonsense, but you share an actual way to trade that is supported by the actual cycles themselves. They are clearly present on the chart clearly define by CMA's. Who can dispute that?


I'm looking forward to your views on post # 11,844 & any other views your willing to share.

I hope you & your family have a Merry Christmas & a Happy & Prosperous New Year.
  • #11,916
  • Dec 14, 2023 4:01pm Dec 14, 2023 4:01pm
Quoting OAPDave
I am finding Shares easy to work with better for Trading Days {image} {image} {image} {image}
Hi Dave,
Do you mean your trading stocks? I haven't traded stocks since about 1990 or so when I was a SOS's Bandit on NASDAQ.
I never thought about stocks much since then. Maybe you mean something else by the word Shares. Thank you for all your help my friend.
  • #11,917
  • Dec 14, 2023 4:26pm Dec 14, 2023 4:26pm
Doubling the Time Parameter

We do not Double the Price Parameter because as for now the Price within the same Price Range
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  • #11,918
  • Dec 14, 2023 4:40pm Dec 14, 2023 4:40pm
Quoting acetrader
{quote} Hi Dave, Do you mean your trading stocks? I haven't traded stocks since about 1990 or so when I was a SOS's Bandit on NASDAQ. I never thought about stocks much since then. Maybe you mean something else by the word Shares. Thank you for all your help my friend.
Sorry
Yes Stocks
CFDs
  • #11,919
  • Dec 14, 2023 4:44pm Dec 14, 2023 4:44pm
Chart uses Trading Days
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  • #11,920
  • Edited 5:15pm Dec 14, 2023 5:01pm | Edited 5:15pm
Quoting GSQ120
{quote} Well Terry, thats the answer, the TD setting gives a timinglines match with the OEM MMTF SW in this example. My suggestion is that you might leave your TV code with a CD/TD toggle for the user - because I suspect that some instruments will "resonate" better with one or other setting; as in the random stock I selected in this test, it actually is better aligned with the CD frame setting, and I guess users will have to find their own instruments best match. Anyway, your MM tool is excellent, well done again. BTW, has your "PB" Tillman CMAs...
I've modified the time parameter (thanks PB) so that it's now simply increments of 8 rather than 8,16,32,64,128. This will give far more flexibility when setting the spacing of time lines to match highs and lows and will likely negate your request for a TD/CD combo.
https://www.tradingview.com/script/A...ey-Math-Lines/

Here's the link for the CMA channels, not sure why that disappeared. I suspect I deleted it during a cleanup the other day.
https://www.tradingview.com/script/2...hannels-Alain/
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