Iterative Refinement
- Thread starter Spydertrader
- Start date
Quote from Munck:
PointOne,
I am interested in knowing more about the PV matrix you mention:
Do you have a link to your previous post?
Thanks in advance
Start with the 4 cell matrix. Imagine that is the outer container we are considering, to monitor the IT trend for example (or a leg in a W or M day). It sets the relevant context.
Now divide each cell into 4 to give 16 cells. These cells can be used to track the PV changes on your faster trading fractal.
So to pick a cell at random, say 11 01: this represents the cell where P and V are increasing on the slow fractal and P is decreasing with increasing V on your trading fractal. The cell is a unique PV combination and is surrounded by the other PV combinations that may come next, given the current pace and context.
You need a faster fractal too. Divide each of the 16 cells into 4 to give 64 cells. Zooming in on the above example we might see 00 as the current snapshot. i.e. price is decreasing but volume is decreasing. This means change is coming on the fast fractal and this will bubble up to each slower fractal in turn, or be rebuffed at a higher level.
There is no new information than is already showing in the PV chart annotated with correct 3 point channels, FRV, peak volume and FTTs. However it may help raise your sensitivity to the fractal nature of continuation and change and the fact that volume always leads.
Attached is a graphic which conveys the layering/fractal idea. It's a work in progress.
Spend some time scoring the PV combinations - there are interesting fractal patterns to uncover.
I'm off for a couple of weeks for some cheeky late season skiing in Japan, so won't be able to follow up on this now but I hope it provides food for thought.
Good trading all.
Could anybody post what the final universal lists is as of today?
Who has the ball? (aka. Where's Waldo Part 2)
IMHO, a very wise man talks about the game, players, their jerseys, and the ball.... For those who are interested and have not read about it, here is a good place to start and plant some seeds:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1431044&highlight=jersey+AND+ball#post1431044
In drill 6, The BALL is MOVING...
So I say watch (and "See") the games
IMHO, a very wise man talks about the game, players, their jerseys, and the ball.... For those who are interested and have not read about it, here is a good place to start and plant some seeds:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1431044&highlight=jersey+AND+ball#post1431044
In drill 6, The BALL is MOVING...
So I say watch (and "See") the games
I almost spit a cup of coffee on my monitors after seeing the 'Drew Kari' Window. Hilarious. Cleveland Rocks!
- Spydertrader
SpyderTrader, could you post your current final unvierse? I have tried the equities methods before but stopped due to other affairs and would like to retry it now.
Thanks in advance.
Thanks in advance.