Prediction of turning points based on ZZ on fractal calc....

[crodzilla]

Kruspe,
There had been some new information from GG53 that needs to be implemented. He is modifying Zigzag length (bar length) using a factor from ATR5 (ATR of 5 bars).

Carl

Yep, I know. It does make sense but I don´t like this step

Someone mentioned to me that it is a form of normalizing... like what is done with data for a neural network. Longer bars that are not "normal" lengths actually make the zigzag finish sooner, so that is why we need to add lengths to the whole zigzag.

Carl

[Kruspe]

Hey guys.. headsup

please check once more the last EURUSDD´s thread on FF. There is a pretty hot stuff right now. Carl and few other guys are doing there a really great job

http://www.forexfactory.com/showthread. ... 71&page=19

Thx K.

[hannele]

thanks Kruspe. I still don't get thou. Any clarity is much appreciated
cheers hannele

[dudest]

Hey guys.. headsup

please check once more the last EURUSDD´s thread on FF. There is a pretty hot stuff right now. Carl and few other guys are doing there a really great job

http://www.forexfactory.com/showthread. ... 71&page=19

Thx K.

Thanks for the heads-up Kruspe, always appreciated!

Cheers

[gg53]

These fractals are repainting

My understanding is that repainting is equivalent to an analyst’s revision. An analyst’s revision could well become a trader’s loss!

Khalid

Khalid & hannele,

Fractal does not "repaint"!
Once they appear, it will not move or vanish.
They just appear 2 bars later, and that's not "repainting".

G.

[Kruspe]

Gg53, that's all what you say after all the time what you've been away?

[gg53]

Gg53, that's all what you say after all the time what you've been away?

Kruspe,
I'm not a frequent visitor here.
This is not my thread and I wasn't even invited to participate...
I can elaborate on latest Gaza war, ISIL and related...
Everything else on that subject, except source-code, is on relevant FF thread.

As to looking at fractals - look at it as a trader, not graphical representation on a chart, and think "Outside the Box".

G.

[gg53]

Hi GG
"There is one thing about this "Fractal" based system that almost everyone, amazingly, fail to see.
It has nothing to do with math, statistics or algorithm. It's in plain sight on the chart - and if you can't see it - look closer and harder... "

I am looking closer and harder...nothing
These fractals are repainting (that does not bother me ) but I still don't get my head around how to look at them differently.. please advice if you could.
Here is a pic what I am looking at.....USDJPY 15min

cheers
hannele

hannele,

1. Fractals do not repaint. Fractals are defind by 2 preciding bar and 2 following bars. After the second following bar - they DO NOT repaint.

2. Fractals, in this concept of being part or "building blocks" of a "DNA", should be treated as such.
In this concept, they are an integral part of a DNA "chain".
If that "chain" is broken, we need to validate the Fractal.
Example:
If a Fractal appears on last bars of Friday session and its following legs (confirmation bars) appear on start of Monday session - that is NOT a valid Fractal. "Chain" is broken by the gap between Friday close and Monday Open. There is no continuation of sequence.
Same thing on start of Monday session. If you got a fractal on the firast bars, with its one or two leading legs on last Friday session - its NOT a valid fractal.
The above is true for any kind of "broken chain" occasions.

If you include those non-valid fractals in your database, you'll get non valid ZZ's and non valid bar counts, etc.

G.

[hannele]

Hi GG
"There is one thing about this "Fractal" based system that almost everyone, amazingly, fail to see.
It has nothing to do with math, statistics or algorithm. It's in plain sight on the chart - and if you can't see it - look closer and harder... "

I am looking closer and harder...nothing
These fractals are repainting (that does not bother me ) but I still don't get my head around how to look at them differently.. please advice if you could.
Here is a pic what I am looking at.....USDJPY 15min

cheers
hannele

hannele,

1. Fractals do not repaint. Fractals are defind by 2 preciding bar and 2 following bars. After the second following bar - they DO NOT repaint.

2. Fractals, in this concept of being part or "building blocks" of a "DNA", should be treated as such.
In this concept, they are an integral part of a DNA "chain".
If that "chain" is broken, we need to validate the Fractal.
Example:
If a Fractal appears on last bars of Friday session and its following legs (confirmation bars) appear on start of Monday session - that is NOT a valid Fractal. "Chain" is broken by the gap between Friday close and Monday Open. There is no continuation of sequence.
Same thing on start of Monday session. If you got a fractal on the firast bars, with its one or two leading legs on last Friday session - its NOT a valid fractal.
The above is true for any kind of "broken chain" occasions.

If you include those non-valid fractals in your database, you'll get non valid ZZ's and non valid bar counts, etc.

G.

Hi gg,
Thank you for your reply
cheers
hannele

[jkulbeth1]

Hi GG....Ive been following your thread over at the factory(i have a different avatar there) , but i see its closed...theres alot of us that are wondering what happened...theres still more that believe in you and appreciate your work and all your help!...Ive never known you to do anything but help other people so alot of us are shocked and pissed at the factory! There are a few nay-sayers over there...but you have to expect that...but for the most part we are all still behind you..please consider carrying on with your work here...thanks for everything regardless of whatever you decide to do!...JK