matrixguy » Sun Dec 21, 2014 8:23 pm wrote:Being new, I was following the various threads on the board and thought I had found where the latest system and discussion was. I was confused that there was no discussion at all and I thought this board was dead. Then I happened upon this HGI area and saw that this is where all the action is now. I wanted to show some charts combining the HGI, Hurst and Matrix/Delta charts and how they compliment each other very nicely.
This is for GBPUSD from Dec 8-12, 2014. The top chart is the HGI and Hurst indicators. The middle chart is the Matrix/Delta solve for that week which was done ahead of the market for that week. The bottom chart is how the actual high and low points turned out for that week.
The Matrix/Delta chart is generated by averaging charts from the past over certain time intervals. The more data you have, the more accurate is the result - this is why the high/low points can vary. The chart says nothing about price or trend strength - it only says something about time - at what time can you expect a high or low point at times during the trading week. The width of the red lines indicate the general time frame that that particular high/low point is expected. Some periods will be longer (ie. from low#2 to high#3) and some will be quite short (ie. from low#4 to high#5).
It can give a general plan for the day. For example for Tues, it said to expect a low very early in the day with a high point around the middle of the day and then moving lower for the rest of the day. For Wed., it said to expect a high point at the start of the day moving to a low point but once the low point was in, then it would move higher for the rest of the day.
If you look at the HGI large arrows, these correspond quite well to the expected Matrix turning points. So if you are within a time range for a turning point and you get a large arrow, you can be very confident that the turning point has been reached.
I'd be interested to know how to do a matrix delta charts as well please. Thank you.
I'd also like to thank Bob, Pedro2, the HGI team and basically the entire SHF forum for a succinct and salient forex discussion place. It's helped me a lot in becoming a better trader. I wish you all a wonderful Christmas and a very Happy New Year! Many more prosperous pips to all!
really good indicator for the Hurst crossover extensions.
Would it be possible to make the extensions as horizontal lines instead of a block and maybe similar to fibonacci extensions ie, so we could make them user variable as in Empty4 fib extension tool ?
really good indicator for the Hurst crossover extensions.
Would it be possible to make the extensions as horizontal lines instead of a block and maybe similar to fibonacci extensions ie, so we could make them user variable as in Empty4 fib extension tool ?
Once again great piece of work,
Eamonn.
Okay, I'm away now, but here's an update with lines set at fib levels, and also included an alerts function as well, so it can be configured to suit.
That's it from me until New Year - promised the good lady
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So now you know how I created Hurst with Empty4 TMA's. But I kept it all to myself as I thought no one would be interested in my little ideas. Viewing Steve's forum for sometime and not posting and keeping to myself did make me feel a little guilty at times. Then I saw Bob's HGI. I liked it and was impressed, but saw a few members really liking it but struggling with it. I did to for a short while until I put my Hurst idea on it. I was rapped then I can tell you as it made HGI so much more powerful in my eyes. After that I wondered if I should post this idea. After a bit of a yes/no, struggle as I do not post, I decided to contribute the idea come what may even if I was laughed at. Maybe someone would think like me? I originally posted it on the HGI thread. But Macman thought it better on another thread and set the new thread up for. It was a very good idea. That is all there is to it Vince. Hope I have not bored you to much or other members with this post. The history of how I created Hurst DMA's extended on Empty4.
Pedro
This is a very interesting story Pedro and thanks for sharing, and particularly for deciding to share your amazing discovery and indi.
Hope you are having a very happy Xmas.
Cherry
