stevehopwoodforex.com • FTLS - Fractal Trendl Lines System

Author:

kenykau [ Wed Dec 11, 2013 2:51 am ]

Post subject:

Re: FTLS - Fractal Trendl Lines System

Recall the Slope Matrix:
[0, 0, 0] [0, +, 0] [0, -, 0]
[0, 0, +] [0, +, +] [0, -, +]
[0, 0, -] [0, +, -] [0, -, -]
[+, 0, 0] [+, +, 0] [+, -, 0]
[+, 0, +] [+, +, +] [+, -, +]
[+, 0, -] [+, +, -] [+, -, -]
[-, 0, 0] [-, +, 0] [-, -, 0]
[-, 0, +] [-, +, +] [-, -, +]
[-, 0, -] [-, +, -] [-, -, -]

Consider the General Case of Up Trend: TL23 is the max of the trend lines, therefore, we can reduce our matrix to:
[] [0, +, 0] []
[] [0, +, +] []
[] [0, +, -] []
[] [+, +, 0] []
[] [+, +, +] []
[] [+, +, -] []
[] [-, +, 0] []
[] [-, +, +] []
[-, 0, -] [-, +, -] [-, -, -]

The case is reduced to 11 cases

In Down Trend, TL23 is the MIN of the trend lines, like above, we reduce the matrix to:
[] [] [0, -, 0]
[] [] [0, -, +]
[] [] [0, -, -]
[] [] [+, -, 0]
[+, 0, +] [+, +, +] [+, -, +]
[] [] [+, -, -]
[] [] [-, -, 0]
[] [] [-, -, +]
[] [] [-, -, -]

The 2nd column is dominated by Up Trend Pattern while 3rd is Dn Trend.

The most important thing are:
in the Up trend matrix, a valid pattern is in the 3rd column.
in the Dn trend matrix, a valid pattern is in the 2nd column.

stevehopwoodforex.com https://www.stevehopwoodforex.com/phpBB3/ Print view

FTLS - Fractal Trendl Lines System https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3301	Page 2 of 2

Author:	MrLong [ Sun Dec 08, 2013 10:19 pm ]
Post subject:	Re: FTLS - Fractal Trendl Lines System
Hi kenykau, What is the % return for your stocks and future account. using this system? Thanks Andy

Author:	kenykau [ Mon Dec 09, 2013 1:43 am ]
Post subject:	Re: FTLS - Fractal Trendl Lines System
MrLong wrote:Hi kenykau, What is the % return for your stocks and future account. using this system? Thanks Andy The follow is my real fx account result starting from 2012 to now: Double the account in 2 year. Report.PNG I think the system has room to improve, that is why I invite your comment and suggestion.

Author:	kenykau [ Tue Dec 10, 2013 2:32 am ]
Post subject:	Re: FTLS - Fractal Trendl Lines System
More Inspiration As I mentioned before, I feel the system still has room to improve. I will write down some of my observations. 1. Slope: m = (Y2 - Y1)/(X2-X1) e.g. For TL12, Slope is equal to (F2-F1)/B, F2 is fractal 2 (High 2 or Low 2) while F1 is the fractal 1, B is the bars between F1 and F2 2. There are 3 cases of Slope: 0, +ve, -ve 3. Combination of the Slopes [TL12, TL23, TL34] are: [0, 0, 0] [0, +, 0] [0, -, 0] [0, 0, +] [0, +, +] [0, -, +] [0, 0, -] [0, +, -] [0, -, -] [+, 0, 0] [+, +, 0] [+, -, 0] [+, 0, +] [+, +, +] [+, -, +] [+, 0, -] [+, +, -] [+, -, -] [-, 0, 0] [-, +, 0] [-, -, 0] [-, 0, +] [-, +, +] [-, -, +] [-, 0, -] [-, +, -] [-, -, -]

Author:	Wavegarrick [ Tue Dec 10, 2013 9:19 am ]
Post subject:	Re: FTLS - Fractal Trendl Lines System
Hi Kenykau very interesting concept. I will practice this method. I am a Nanningbob follower and hopefully I can incorporate this method into the 10.6 system which will help me to get into retracements of the trend quicker and more effectively or even get into counter trend trades. Hopefully I can give you feed back once I get more used to this concept. Hope others will also show interest in this. Looks good to me.

Author:	kenykau [ Tue Dec 10, 2013 9:42 am ]
Post subject:	Re: FTLS - Fractal Trendl Lines System
Wavegarrick wrote:Hi Kenykau very interesting concept. I will practice this method. I am a Nanningbob follower and hopefully I can incorporate this method into the 10.6 system which will help me to get into retracements of the trend quicker and more effectively or even get into counter trend trades. Hopefully I can give you feed back once I get more used to this concept. Hope others will also show interest in this. Looks good to me. Hi Wavegarrick, Thanks for your interest. I hope the concept can help others. I am still improving the FTLS. Any idea are welcome Ken

Author:	Wavegarrick [ Tue Dec 10, 2013 11:05 am ]
Post subject:	Re: FTLS - Fractal Trendl Lines System
Hi Ken Just to check if I am getting the concept right. A setup has presented itself on the Nu 1Hr. I have not marked the lines but you would know what I am talking about. TL23 is higher then TL12 and TL34 so it means that the immediate trend is up so I have taken the trade on the break of TL14. Don't worry its all on demo just testing My immediate target would be TL34 and ultimate target TL23 which would act as resistance. Let me know if I am getting it wrong. Cheers Wavegarrick.

Author:	kenykau [ Tue Dec 10, 2013 3:35 pm ]
Post subject:	Re: FTLS - Fractal Trendl Lines System
Wavegarrick wrote:Hi Ken Just to check if I am getting the concept right. A setup has presented itself on the Nu 1Hr. I have not marked the lines but you would know what I am talking about. TL23 is higher then TL12 and TL34 so it means that the immediate trend is up so I have taken the trade on the break of TL14. Don't worry its all on demo just testing My immediate target would be TL34 and ultimate target TL23 which would act as resistance. Let me know if I am getting it wrong. Cheers Wavegarrick. Yes, that is what I use the system. But for TL23 as resistance, I think the price may take some time to reach.

All times are UTC	Page 2 of 2
Powered by phpBB® Forum Software © phpBB Limited