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- parisboy replied Dec 20, 2023
Let's apply some Hurst concepts on this " Murrey Chart"
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
an other interesting post of year 2000 Brian At the seminar in Beverly Hills Murrey talked about how he determined the high and low of the frame .......Murrey said for a 16 day frame he used the range of the last 32 days...and if prices closed past ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
in short Murrey's EOD software deals with maximum 6 months of data ( 128 Trading Days) ,most of the Time 96 Trading Days according to the users of the mmxapp group. Murrey's EOD sofware is unable to deal with Long Term Charts
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
In short a chart can be analyzed under several different " Fractal of Price " being at work at the same time. in this present case (META) can be analyzed this way META having reached 375 then theory said META evolves within Fractal of Price 0-1000 ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
The fact is Murrey has no real specific methodology Which explains why Murrey does not offer us a trading methodology to trade this unprecise "Murrey Maths " methodology he has promoted. Murrey's Maths methodology - Division by 8 of a Price Range is ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
[quote=Fractales;14695562] it is a misleading and erroneous interpretation. It just reveals that you have no correct understanding of how a Moving Average works. Do not worry about that! 99.99 % of the traders are in the same situation. How a MA can ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
Pretty simple really With the frame settings of 4, 8, 16, 32 & 64; the program finds the highest high/lowest low in the last X bars, where X is: on "1x", or natural, frame setting x 1, eg 64 is bars on "1.5x", it is frame setting x 1.5, eg 64 is 64 ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
other posts from 2000 Guys, I think this may prove my point that regardless what time frame you put yourself in, the software looks for the most recent "significant" high and low to calculate the frame size. Another chart which implies that 1.5x is ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
Guidelines to follow these posts from the past from the mmxapp group. Nobody knows how precisely works Murrey's software to choose "significant" highs and lows in the past, nobody knows how many bars we have to use to determine the high and low of ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
let's post some messages of the old mmxapp group (2000) about Murrey's EOD software.; Brian At the seminar in Beverly Hills Murrey talked about how he determined the high and low of the frame .......Murrey said for a 16 day frame he used the range ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
let's take some examples. let's take Terry ! it is obvious that Terry gives some value to the Excel spreadsheet I sent him. Problem is I have a dozen of other similar spreadsheet gathered here and there in 25 Years. Which is the correct one ? I am ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
the basic fact is that we are all benevolent nice guys and we trust what we have on our screen This iis far from the reality.in the case of MMO (Murrey Maths Official) a) Bonnie Hill told us about MMO is that Murrey "borrowed", stoled the ideas in a ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
well this is available for every people reading this thread ; have you a functional brain ? do you use it for trading ? or do you trust your computer software as a substitute for your brain. in fact you have been fooled by your brain, your emotions ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 20, 2023
Dave thank you for your question Even if I have some precise idea about what you mean by "set of octaves" , can you define what you mean by it to help me answering your question.
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 19, 2023
One thing I learned early on is not to get too demanding about just how EXACT the hit is on a line, or near a line, etc. It is more important to analyze 1) what line is a stock or an index CLOSE to?, 2) HOW is it acting in reference to that line?, ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 19, 2023
The system you show is basically an Envelope system with parallel boundaries positioned at successive similar distance. This way you can estimate the amplitude of the movements. You can even classify and hierarchize the moves (1 Interva, 2 Intervals ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Dec 19, 2023
the key in the EMA is the "smoothing" factor. How do you detrmine this "smoothing" factor ? Can we compare the EMA given by TradingView and an EMA on another platform. Concretely do they use the same smoothing factor ?
Analysis and Trading based on Envelopes, Waves, Cycles