Analysis and Trading based on Envelopes, Waves, Cycles

In fact I used FLD's to confirm a Change in direction of the Trend

This role is now played by Terry's CMA indicator which indicates with its white dot when a CMA has made its Top or its Low and will change Direction.

And this by construction at exactly the same Time when the Price Bar will cross its FLD.

Why ?

Because by construction (see Understanding the FLD - Cyclitec Course - Chapter 9)

When the CMA makes its top Price is 1/2 Period away from this Top., then crosses its corresponding FLD which is Price Translated on the Right of 1/2 Period

In the present chart I used a FLD 8 (Black - Price translated 4 Bars on the right)

and a FLD 16 ( blue - Price translated 8 bars on the right)

Then when CMA 8 made its top Price was 4 Bars away from CMA 8 Top
when CMA 16 made its top Price was 8 Bars away from CMA 16 Top

Following a similar reasoning
successive CMA's whose Period (Span) is linked by a factor 2
making their Tops (or their Lows)
generate the same Pause Zone ( Hesitation Zone / Congestion Zone)

The Parisboy True Trend Line (PBTTL) :

A revolution in Analysis and Trading.

After 25 years of Research and 10 years spent all over Europe studying ancient esoteric books,
the legendary Analyst and Trader Parisboy reveals to the selected public of this Thread
how to identify an operative TRENDLINE

The Parisboy True Trend Line looks at first glance like a very common Trendline ,
The PBTTL links 2 Points of your chart with a straight line.
Nothing new under the Sun would say W.D. Gann the legendary plagiarist and trickster.

In fact the PBTTL (Parisboy True Trend Line) links at least 2 successive Focal Points of the same Degree.

For the New Year,

A special Tip for the selected audience of this Thread,

the more Focal Points of the same degree are linked by a Parisboy True Trendline, (PBTTL)

the more this Trendline plays an important role in ¨Price Action.

a possible scenario

opened short position

*|**|Gann Selling Point #8:

**SELL against double tops or triple tops,
or SELL when the market makes lower tops or lower bottoms. ||*

PBTTL for Bitcoin daily 512/256 FP.
Note - the trend has been broken suggesting a bigger cycle is overriding the 512.
I tried 1024/512 and 2048/1024 but it's bigger than them. Beyond that we don't have enough data to form CMA's

PBTTL for 256/128 likely broken too.

Hi OAPDave,

I hope all is well with your & family. I have seen in the past you use a Murrey Math indicator. Do you use a MT5 Murrey Math indicator that you could share. I have tried several, but they seem to not favor being chart center & over to the right so much so that the comments on the line are not visible.

Thank you for any you may have to share.

Hi Dave,

Thank you for sharing that indicator. Most appreciated.

BTCUSD(1mn)_20250106_1551

BTCUSD(5mn)_20250106_1558

BTCUSD(15mn)_20250106_1715
CCurv OrangeLine

Aqua extension lines after 4th November are purely a guess. Wouldn't be surprised if they are much higher.

I've been experimenting with CMA turning points and FPs setting future levels of resistance/support.

SP 500 m1: