Expand your range of bars to include at least one more Set C trend. (b2b2r2b, r2r2b2r). You can do this by making 6 volume elements per trend. You are still quite attached to the b2b2r2b, r2r2b2r notation.
The black/red T2F placement is inaccurate. Better to use P3P where you are using T2F. T2F is a zooming in of a faster fractal. Understand why this is so.
The 2 in B2B and R2R lines up with the XO of the RTL. Place those above the volume bars a bit so that the space is clutter free for the placement of volume elements.
The P2 and T2P in blue do not exist on the 5m. Maybe in another timeframe - depends on the time slicing and whether those occur intrabar on the slower timeframe.
- Concerning the 6 volume elements : I DD they are P1, T1, P2, T2P, T2F and P3P.
T2P is T2 pass. I understand this as the T2 passes, so there IS a T2. A second trough in other words.
I was struggling a lot to understand what P3P means concretely. Like it took me long to just notive in the MR nomenclature there's reversal, it took me long to notice the similarity between T2P and P3P. Surely, being as T2P is T2 pass, then P3P must be P3 pass. So there IS a third peak.
A bit of thought and DD :
- what is a P in independant variable terms ? -> a peak
- what is a T in independant variable terms ? -> a trough
- what is a peak ? -> the end of an increasing move
- what is a trough ? -> the end of a decreasing move
- in VTP terms, what is a P ? -> an increasing move compared to the one before
- in VTP terms, what is a T ? -> a decreasing move compared to the one before
- what comes before a peak ? -> an increasing move
- what comes before a trough ? -> a decreasing move
- what comes after a peak ? -> a decreasing move
- what comes after a trough ? -> an increasing move
- so, what does announce a trough ? -> an increasing move coming
- so, what does announce a peak ? -> a decreasing move coming.
- so what is the meaning of a T2P ? -> there is a second trough
- what does the surge of a second trough imply . -> there has been a first
- which was it ? -> T1
- what does the surge of T1 imply ? -> the presence of a P1 before
- what does a P1 surge imply ? -> a new trend begins
- what does the begnning of a new trend imply ? -> there is a change in dominance of PA.
- in PA terms, what does a P1 mean ? -> a pt1 appears
- when does a pt2 appears ? -> when there is a P2.
- if we have a T2P, is there a P2 ?-> yes, it must.
- if there is a P2, is there a T1 ? -> yes, it must
- what does the suge of T1 mean in P1 terms ? -> the trend can break out on T1
- what does a BO,T1, if happens, mean ? -> the dominance has changed
- when at pt2, on P2, what must volume do lead to a pt3 ? -> decrease
- what does volume do at P2/pt2 ? -> it stops increasing
- when pt3 is there, what must volume do ? -> stop decreasing
- what does volume do when it stops decreasing and begins to increase ? -> a trough
- if this trough is the second one, how do we call it ? -> a T2P
- then, when at pt3/T2P, if PA is back to dominance, what must volume do ? -> increase
- what will volume do when after pt3, there is an ftt ? -> stop increasing.
- what does volume do when it stops increasing ? -> a peak
- at this stage, which P is it ? -> the third one
- so how do we call it ? -> P3P
- so, If P3P is P3 pass like T2P is T2 pass, what is F for P3F and T2F ? -> a Fail to pass
- what does T2F imply ? -> the absence of a second trough.
- when can a trough appear ? -> when volume stops decreasing
- if the trough fails to pass, what must this mean ? -> there is no trough
- what does the absence of a trough mean ? -> volume keeps on decreasing.
- what must volume do from pt3 to ftt in any trend ? -> increase
- what does this mean if in an increasing move of volume, volume keeps on decreasing ? - > this absence of trough = T2F is inside the observed fractal.
I assume, for now, I understand why T2f is in faster fractal. It is an unvisible decreasing move inside a increasing trend of volume, viewable when zooming in.
So, in terms of place in the space, zone-placement, T2F happens on the road from T2P to P3P.
All this reminds me your "to see how every fractal completes, one need to go beyond a single timeframe". Not sure about the precision of the words, but i'm sure you'll remember.
- concerning the b2b2r2b notation
I just wanted to try to incorporate many notations and sync them. It's been a while I even just "think" about gaussians.
The rest of the post with what I said in my first paragraph of DDs, seems clear to me now.
And therefore :
NB : the only thing I'm unsure and that I feel do need to think about, is the legend in the up-left corner : FFF level, FF, level, TF level.
When I built the chart, at first, I was thinking about the thinest lines as being FF level, and the thickest blue lines as being the SF's.
I'm not sure for now which is true. I need to think about it.
The last DDs I just made should help me.