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Murrey Math and Quantum Method

  • #101
  • Mar 3, 2017 11:51am Mar 3, 2017 11:51am
Quoting teatime
hello traders thanks for sharing this thread and your charting here my first idea with trading MM long NZD / JPY {image}
out +6 ; waiting for janet....
donīt follow me,you will loose your moneyy
  • #102
  • Mar 4, 2017 12:19am Mar 4, 2017 12:19am
Quoting jmn5611
Just a song before I go A lesson to be learned Travelling twice the speed of sound It's easy to get burned. An old American song that came to mind for your brother. May I make a suggestion to coordinate your trades to the MM lines? At the major 8ths? Just a thought. It will help you slow down the DD with the Quantum method.
THX jmn5611!
Find it The Best Entry Points
  • #103
  • Edited 1:48am Mar 4, 2017 12:58am | Edited 1:48am
Yesreday I probe one moore filter,and another settings from expert.
See the price its good zone,and higher TF (H1) indicator cross ,only from BUY.(first line the signal,second line it wan then then Yellen news)
M240 / QEnter 20 QExit 300
The two picture you see how move the price
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Find it The Best Entry Points
  • #104
  • Mar 4, 2017 6:04am Mar 4, 2017 6:04am
EUR / NZD daily
not the deepest entry ,but moore power ; 50 % i have sold with 160 pips
Attached Image (click to enlarge)
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donīt follow me,you will loose your moneyy
  • #105
  • Mar 4, 2017 8:18am Mar 4, 2017 8:18am
Quoting teatime
EUR / NZD daily not the deepest entry ,but moore power ; 50 % i have sold with 160 pips {image}
Very good entry
Find it The Best Entry Points
  • #106
  • Mar 4, 2017 8:36am Mar 4, 2017 8:36am
Good idea (D1)from next week EJ break,and formated big buy candle.
The Monthly range its 8/8 level
Whwn break 121.10 level ,maybe lets go 125.00
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Find it The Best Entry Points
  • #107
  • Mar 4, 2017 9:08am Mar 4, 2017 9:08am
Eurotime ? maybe i am wrong ! great ?
weekly chart
Attached Image (click to enlarge)
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donīt follow me,you will loose your moneyy
  • #108
  • Mar 4, 2017 9:43am Mar 4, 2017 9:43am
Great thread. I was introduced to Murrey by @OAPDave on the noise free system. I am very enthusiastic about learning more regarding these levels. It seems that price action and levels are the way to trade. Understanding these are crucial.

I am unsure about all this quantum london stuff. It seems the EA is from the quantum london trading, but not sure how this relates to Murrey. I will solely focus on Manual Murrey trading.
  • #109
  • Mar 4, 2017 1:34pm Mar 4, 2017 1:34pm
Quoting vgyuszko
Murrey Math and Quantum Method My idea find the best entry point. This helps Murrey Math levels.View where its reverse points,levels. The Quantum indicator I use to signals. https://www.youtube.com/watch?v=lIZXMzCPngA {file} {file} {file} {file} {file} {file} {file} {file} {file}
Hi vgyuszko,

I used to use Murry Math Lines a lot in my Trading until I realised what is more important is where the Banks place their Orders to be filled.

I have found they use the .800 / .000 / .200 and .500 Numbers a lot to Accumulate their Orders.

I think, where the Big Institutions place their Orders CREATE the Murry Math Lines rather than the Big Institutions placing their Orders where the Murry Math Lines formed.

The Chart below is the H1 GBP/JPY Chart I have Marked the .800 / .000 / .200 and .500 Levels on the Chart and you can see how closely the Murry Math Lines match these Levels.

Put up any Chart and you will find the same thing.

It's the Levels Big Institutions Trade from that create the Murry Math Lines rather than Murry Math Lines influencing where Big Money Trades from.
Attached Image (click to enlarge)
Click to Enlarge Name: 4th Mar 17 GBP:JPY H1 Observations.png Size: 148 KB
  • #110
  • Mar 4, 2017 2:38pm Mar 4, 2017 2:38pm
Quoting stevepatt
{quote} Hi vgyuszko, I used to use Murry Math Lines a lot in my Trading until I realised what is more important is where the Banks place their Orders to be filled. I have found they use the .800 / .000 / .200 and .500 Numbers a lot to Accumulate their Orders. I think, where the Big Institutions place their Orders CREATE the Murry Math Lines rather than the Big Institutions placing their Orders where the Murry Math Lines formed. The Chart below is the H1 GBP/JPY Chart I have Marked the .800 / .000 / .200 and .500 Levels on the Chart and you can see...
With all due respect I disagree with your observation, you may have a very valid point about the .800 /.000/ .200 and .500 that the Big Institutions use but I fail to see how you observe Murrey is calculated from them
  • #111
  • Mar 4, 2017 4:19pm Mar 4, 2017 4:19pm
Hi Dave,

Murry Math Lines are derived from the Rhythm of the Market.

The Market dances to the Rhythm of the Order Flow within it.

It's the Market that dictates where the Murry Math Lines will form not the Murry Math Lines dictating where the Market will go.

The Market only becomes "oversold" or "overbought" when the Institutions have Accumulated their Orders and there is no one left to take the other side of their Positions when this happens the Market will go to the next Level of waiting Orders.

Who ever has the most Orders (Buy or Sell) at any one Level will eventually win out.

Order Flow dictates Market Structure and the position of the Murry Math Lines
  • #112
  • Mar 4, 2017 5:47pm Mar 4, 2017 5:47pm
Quoting stevepatt
Hi Dave, Murry Math Lines are derived from the Rhythm of the Market. The Market dances to the Rhythm of the Order Flow within it. It's the Market that dictates where the Murry Math Lines will form not the Murry Math Lines dictating where the Market will go. The Market only becomes "oversold" or "overbought" when the Institutions have Accumulated their Orders and there is no one left to take the other side of their Positions when this happens the Market will go to the next Level of waiting Orders. Who ever has the most Orders (Buy or Sell) at any...
What one guy see's and how he see's it, another one doesn't that's the fun of trading, come and join us, always interested in your posts having looked in on your thread as you know
  • #113
  • Mar 5, 2017 1:09am Mar 5, 2017 1:09am
Quoting stevepatt
{quote} Hi vgyuszko, I used to use Murry Math Lines a lot in my Trading until I realised what is more important is where the Banks place their Orders to be filled. I have found they use the .800 / .000 / .200 and .500 Numbers a lot to Accumulate their Orders. I think, where the Big Institutions place their Orders CREATE the Murry Math Lines rather than the Big Institutions placing their Orders where the Murry Math Lines formed. The Chart below is the H1 GBP/JPY Chart I have Marked the .800 / .000 / .200 and .500 Levels on the Chart and you can see...
Thank you stevepatt ,you reply very useful!
I will read your thread, and use your experience.
THX
Find it The Best Entry Points
  • #114
  • Mar 5, 2017 1:11am Mar 5, 2017 1:11am
Quoting OAPDave
{quote} What one guy see's and how he see's it, another one doesn't that's the fun of trading, come and join us, always interested in your posts having looked in on your thread as you know
Yes OAPDave your comments always verry interesting!
THX
Find it The Best Entry Points
  • #115
  • Mar 5, 2017 3:53am Mar 5, 2017 3:53am
Quoting stevepatt
Hi Dave, Murry Math Lines are derived from the Rhythm of the Market. The Market dances to the Rhythm of the Order Flow within it. It's the Market that dictates where the Murry Math Lines will form not the Murry Math Lines dictating where the Market will go. The Market only becomes "oversold" or "overbought" when the Institutions have Accumulated their Orders and there is no one left to take the other side of their Positions when this happens the Market will go to the next Level of waiting Orders. Who ever has the most Orders (Buy or Sell) at any...
We all trade for a different expectation out of the market and there is more than one way to achieve this, I think its all about what your personel risk reward tolerance is
Attached Image (click to enlarge)
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  • #116
  • Mar 5, 2017 5:02am Mar 5, 2017 5:02am
Quoting vgyuszko
{quote} Yes OAPDave your comments always verry interesting! THX
MML with Quantum?

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Note: example above applies to a long cycle only but a short cycle would work in a similar way except from the top down.

How far have you gone in terms of testing this approach?

Have you looked into making mods to the EA to perform similar tasks that I've outlined in the screenshot above?

As you know the MML lines are difficult to backtest (in MT4 that is) due to the resetting of MML's once the extremes are breached by price/PA.

This suggests that either another far more advanced testing approach be developed and applied (eg. Python and Matlab .... C++ come to mind etc).

Have you dug into this type of analysis at all or do you simply choose a random Quantum depth entry value that is 'fitted' to the current chart and then you turn the Expert Advisor off once enough trades have been generated or you have reached a pre-determined risk level based on your trade details (such as risk per given trade summed over all trades in the Quantum Cycle.

At this stage I can see an approach developing both from a Quantum perspective and by simply trading the MML's by a purely manual approach.

I would tend to think that longer term or hard core manual traders with very good PA trading skills would simply reduce the 'complexity' and trade either a 1 trade at a time appraoch or as another trader commented on here to think about applying a type of martingale approach ay the extreme MML levels such as +1/8, -1/8, +2/8 and -2/8.

Understanding what action to take as a trader under an array of different PA at or near these MML levels is the critical knowledge needed.
Money management and trade management are also crucial but easy enough to apply.

I look forward to a much deeper discussion especially to what level you have gone applying the Quantum method.

Masterrmind ..........
Master your Mind then Master your Trades
  • #117
  • Mar 5, 2017 5:38am Mar 5, 2017 5:38am
Quoting Masterrmind
{quote} MML with Quantum? {image} Note: example above applies to a long cycle only but a short cycle would work in a similar way except from the top down. How far have you gone in terms of testing this approach? Have you looked into making mods to the EA to perform similar tasks that I've outlined in the screenshot above? As you know the MML lines are difficult to backtest (in MT4 that is) due to the resetting of MML's once the extremes are breached by price/PA. This suggests that either another far more advanced testing approach be developed and...
Wow if we could get you interested this thread would go along way, I only trade manual, I know it obvious but if you start from a big picture you can then just break down the Octaves into smaller sub sets which then become Octaves in there own right on smaller timeframes
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  • #118
  • Mar 5, 2017 6:06am Mar 5, 2017 6:06am
Quoting OAPDave
{quote} Wow if we could get you interested this thread would go along way, I only trade manual, I know it obvious but if you start from a big picture you can then just break down the Octaves into smaller sub sets which then become Octaves in there own right on smaller timeframes {image} {image}
Very nice charts.

I'll be interested to hear what the thread Op has to say mainly from a testing/knowledge point of view of applying Quantum with MML.

The biggest issue with Quantum is the developing DD that is generated due to it either opening more and more entries at higher highs or more and more entries at lower lows.
This is fine until your available margin runs out and then you hit the wall hard.
So money management plays a very big role along with proper risk management.

Ofcourse these can have limits placed on them but if the trend continues the ultimate result is stop out.
The saving grace is a deep enough retracement to draw the Quantum cycle into net profitable territory.

So I can see why the thread Op is attempting to 'mate' Quantum with MML because of the reversal zones out in the +- 1/8 and +- 2/8 MML's.

The combination of Quantum with some of Ganns methods makes sense from a 'reversal of trend' point of view.
Given the 'very high probabilities being stated' for reversals from these outer MML zones.
At first glance it looks super promising for a Quantum Trader because they thrive on an initial trend that collects multiple entries followed by a nice pullback in PA that produces a net gain either per trade or at least net cycle.

My intention is certainly not to come into here and throw complexity into the mix.
Being a manual trader (also use EA's) it appears to be simpler to look for 1 to 2 trades per setup at these extremes and use PA entry techniques.


But I am keen on a discussion and an application of the 'method' since I also trade Quantum albeit from a different perspective.

Masterrmind...........
Master your Mind then Master your Trades
  • #119
  • Mar 5, 2017 6:23am Mar 5, 2017 6:23am
Quoting Masterrmind
{quote} MML with Quantum? {image} Note: example above applies to a long cycle only but a short cycle would work in a similar way except from the top down. How far have you gone in terms of testing this approach? Have you looked into making mods to the EA to perform similar tasks that I've outlined in the screenshot above? As you know the MML lines are difficult to backtest (in MT4 that is) due to the resetting of MML's once the extremes are breached by price/PA. This suggests that either another far more advanced testing approach be developed and...
Welcome Mastermind!
Find it The Best Entry Points
  • #120
  • Mar 5, 2017 6:26am Mar 5, 2017 6:26am
Quoting vgyuszko
{quote} Welcome Mastermind!
I look forward to participating here.

Masterrmind............
Master your Mind then Master your Trades
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