slowkey » Sun Dec 21, 2014 12:58 am wrote:Edit - Just thought you all my like to read a little word from the guy who invented the (T3ma centered indicator) actually to be correct it should be called the TMA Centered average.

Not quite the same as a t3ma centered average from Mladen statements made later on where he clarifies his indicator from Baluda's. End of Edit.

It is interesting how concrete in his thinking a person can be and how that can limit his vision. I am very thankful to him for his code. He explains its limitations very carefully.

However other possibilities await.

http://www.forex-tsd.com/Empty4-4/3 ... e-tma.html

Problems are solved however at a different level of understanding.

"No problem can be solved from the same level of consciousness that created it."
Albert Einstein

So we than end up with Gann Ribbons, HGI, CSS and Hurst. What sometimes seem like limitations become possibilities in the mind of a creative person.

Than other build on their creative ideas. So I often find myself at odds with concrete thinking. However without the concrete thinker we would not have the building blocks of creativity. Everybody is needed.

Edit ... Have a look at how many times Mladen has posted on TSD .... 22,820 times. Talk about a contribution.

Cheers,
Doug

SpiderX » Fri Dec 19, 2014 9:11 am wrote:

Mike » Fri Dec 19, 2014 11:00 pm wrote: Hi
I am questioning the indicator signals quite often and do not understand
The blue Wavy line indicates on your picture an exit of the +/-0.4 Channel or Range Exit or Trend Start.
The yellow Wavy line indicates on your picture en entry of the +/- 0.4 Channel or Range Entry or Trend End.
So far so good
From a process perspective I can only enter now a Trend, if I hadn't before and was out of Trend or in Range.
Your picture, 2 posts ago, enters a down trend (blue) at ~Dec 4th and reenters an uptrend at Dec 16th without going through the +/- 0.4 channel or a range period. How could that be? I think it cannot be and the lost yellow Wavy line actually confirms this argument. But why did it get lost?
I just wonder Mike

My guess is that for some reason the circumstance that should trigger the Trend end was missed due to rapid change in price, so instead of trend end, we go direct into trend start.
If it was an EA tracking this, it might have caught the Trend End, before it was swapped in the same candle.
Manually, if we are trading this and are expecting a Trend End, but see a Trend Start in the opposite direction...then it should be taken as equivalent to a trend end.
Just my guess...

Cheers

pacinvest » Sun Dec 21, 2014 7:52 am wrote:Digging a little deeper into Pedro's Hurst system, Pedro sent me links to 3 training video from the programmer who introduced Pedro to Hurst trading. Pedro asked me to comment on the videos and pass on the links if I thought it was worthwhile.

Definitely interesting and worthwhile to see how this was derived and used. The system in the video introduces the time factor meaning it predicts how many candles forward to expect another turn point for exit or entry. This is really interesting. I think having watched these videos, that the programmers here could develop Pedro's indy to plot price level of next turn and time it is most likely to happen. Would be cool if a future indy somehow showed how this prediction changed over time as the indy updates maybe leaving a faded line behind. I find this updating is important info as it is telling you that the oscillations you are trying to trade are changing. One thing I do manually is put a mark at the cross of the two Hurst lines and then watch how this mark moves - this gives an indication early that the oscillation is changing as in growing bigger or even breaking out of the pattern. Anyway I recommend anyone wanting to know more definitely view these videos.

http://www.powerandharmony.com.au/files ... ting_1.avi
http://www.powerandharmony.com.au/files ... ting_2.avi
http://www.powerandharmony.com.au/files ... ting_3.avi

Lastly a big thanks to you Pedro, I really appreciate the opportunity to learn from your experience. You have made a great contribution to this thread. Who knows what the programmers will come up with from all this?

taipan » Sat Dec 20, 2014 8:48 pm wrote:
The links are not working, saying url not available. Could you post again for the links for the video!

spotforex » Sun Dec 21, 2014 9:55 am wrote:

taipan » Sat Dec 20, 2014 8:48 pm wrote:
The links are not working, saying url not available. Could you post again for the links for the video!

taipan,

Try this link for the video directory: http://www.powerandharmony.com.au/files/hurst/