Quote from jack hershey:
Hi David,
There are possibilites when annotating that the non stationary window changes.
One of the effects is to remove from consideration sets of bars. The bars are still there but they are not under consideration as the logic handles them.
Working up from the foundation your product of 2*3*3*3 does give an answer of 54 mathematically but the number of bars could be less if there outside bars (OB) and SYM's in the consideration.
My explanation is probably difficult to fathom, but it looks like 19 bars minimum FTT to FTT for a traverse. BBT 1 would be 3 bars, BBT 2 would be 2 bars and the same for BBT 3. So tape 1 is 7 bars and Tape 2 is 6 bars and the same for Tape 3 thus completing the Traverse. For me 7 + 6 + 6 is 19 bars.
Working puzzles is not my cup of tea. Your idea to consider minumums of this or that would be a good drill for people to do, though.
Your second question about where are annotators at any point in time Is very significant. Last Friday for me was a spectacular day in terms of an annotator paying attention to business. These are difficult times for the financial industry. So people doing pool extraction from the financial indistries pools have to keep things ship shape.
To see a pattern form the simple requirement is to use the three points and an FTT. It is a three bar minimum pattern. Draw a sym of two bars. Make the left bar of the sym an OB. Make the third bar an OB too. Offset it so it is NOT a lateral of three bars. Do a short one and do a long one. You now have a full collection of BBT's that are brief in occurance.
I used our mutual vocabulary. And I am not an inventor. I used cases from clean page 2. I also assured that claen page 4 regions were in effect.
I ststed a reply using "logic" just as a coder would or a person doing flow sheets would.
Lets look at a BBT. It completes. Let it be a long BBT. Next another BBT begins. So we have a long BBT 1; the next BBT from the FTT of BBT 1 must form up as a short if we are going to get point 2 and then point 3 of a tape. This tape began with a BBT 1 which was long. This means that the point 3 value has to be great than point 1 of BBT 1. If it is equal, then whatever point 2 is, it works to form a LATERAL tape. I will call either formation Tape 1 and it is composed of BBT 1 and BBT 2 where BBT 2 goes from pt 1 to pt 2 of the Tape 1 and BBT 2 goes from pt 2 to pt 3 of the Tape 1.
The above is working out and a person can trade BBT 1 and BBT 2 fairly accurately. This is true, especially if he is using a leading indicator of end effects on a SUB level. The 2 minute YM serves this purpose quite well for the 5 minute ES.
Lets look at what is done when pt 3 of tape 1 goes beyond (below in this example) the value of pt 1. This is a violation of the regions on clean page 4 and this means the potentially long Tape 1 CANNOT HAPPEN. I NOTE THIS VALUE AS A HORIZONTAL RAY ON MY CHART. I observe price appraching pt 3's limit and I especially am cognizant of the PTV volume, the actual volume and the number of seconds left in the ES and YM bars.
When and if TAPE 1 FAILS, BBT 1 is useless and I squash it into the last BBT 3 of the prior (believe it or not SHORT TAPE and short BBT). In trading we know SO MUCH about the order of events.
At this point, then, the price moving forward is generating an FTT of BBT 3, the last BBT of a prior SHORT tape.
To make a long tape short is the great story I am telling.
A prior BBT 3 is now being completed and the TAPE 1 was a failure.
In effect we are moving the old point 3 forward to the pt 2 of the potential long tape. The pt 2 becomes a new point 3. The RTL is fanned a little and a new cloned LTL is placed geometrically in the correct place.
Why did I( do this explanation? Simply because ot applies to all the nested fractal parts. Here is where this technique applies:
1. obviously to Tapes being formed from BBT's
2. drilling down it applies the BBT's being formed from "subs"
3. drilling down it applies to sub's being formed from sub sub's
Now lets look the other way.
4. traverses being formed from tapes.
This is how I got back to the short TRAVERSE 1 when the long TRAVERSE 2 failed on bar 30 of the 30OCT09 chart (all gapped appropriately).
The long traverse 2 of the short channel failed to get traction 5 more times during the rest of 30OCT09.
Today we did have a lateral (long biased) after a VE occurred on the Traverse 1 LTL around 1pm nyc time. A VE of the lateral showed how a short>>> lateral>>>long forms a saucer on a given fractal.
I try to keep track of the LTL's and RTL's of traverses and the tapes that form them.
The short channel we are presently in may not end soon.
5. Channels being formed from traverses.
It is very important to deal with point 3 on each of the nested fractals. Point 3 is what determines a container is long or short or rarely lateral.
I only replied to this thread to deal with how important it is to poll with a full selection.
I responded to you after I checked in today for a moment (I was more checking my vision since it is deteriorating)
In this reply, I tried to deal with what is behind your Q's and comments.
It is very important to annotate rather than any other seeming short cut.
In markets that are introducing severe and complex sentiments, It is extremely important to keep tabs on the onfolding markets.
Volume is where the most important record keeping is done. the many nested fractals have different sentiments at a given time. It is very important to stay on the same given trading fractal to do the extraction.
The details of this post were presented with respect to how fitting three patterns together to form a slower fractal have many considerations.
There is always an order of events on each and every fractal. Keeping each logged by volume annotation or a multi level log is very important.
Hi Daived,
One more comment.
To bring a better closure to my comments on how nested fractals are used as the building blocks on the PEP paradigm which is a hypothesis set and its consistent parametric binary vector measure I have attached a multiday chart.
The emphasis is on the First Short Traverse of the channel which broke out of the BULL retrace. Here you see time after time attempts of long tapes tobreak out of traverse 1 and form traverse 2 of the short channel.
Two things happen over and over (meaning daily). Short Tape 2's overpower the potential of a long Travere 2 to form when they fall below the pt 1 of long tape 1 forming long Traverse 2.
Now the market's are becoming so bearish that the Traverse 1 LTL is being expanded via VE's on its LTL. See middle bottom of price pane and note well the extreme vomes repeatedly thorugh the whole day.
Note that the only high black volumes occur on short lived news and as usual the overall market sentiment takes over again.
I have fully expressed myself on how a deductively determined trend following algorithm/ paradigm was created beginning over 50 years ago Here, we also put five years into creating a transfer model for those, like you, who have done the work to become mentally differentiated to trade as though the individual were driving a car.
The attached chart shows just how the market's offer is extractd by using five nested fractals that are integral to one another
A long tape 1 was continued today as a carryover. It completed. If the tape 2 under way now does not breach point 1 of tape 1, then, before the of tape 3 the forming traverse 2 long could breach the RTL of Traverse 1. There is one hitch to this, however; the point 2 of long traverse 2 has to be located as shown on clean page 4 relative to the RTL of short traverse 1. Long ago this convergence issue was handed by the original indicator creators.
Recently, ET became exposed to the vendor/journalist/writer comglomeration of myths and conventional wisdom. covel refers t my posts as gibberish. Goodboy is slogging names for various kinds of contributors in forums. There is a huge crowd of "know nothings" all over the place from places like ET, etc., to a vast array of blogs. (See Babak type posting and Steenbarger type remediations.
I am glad to say that the myth and vogue of "if a person can't understand what is being said or if the person can't see the extent of the real offer of the market, it can't be true or correct" It must be "unbelievable and/or astounding" in these people's words.
Luckily, for others who understand that there is a requirement of getting their minds differentiated, there is a knowledge and skill set framework on the record and a network of individuals passing it forward. For those that remember Don Cameron's efforts and now Todd Billis's, it is clear that someone very competent is always out there supporting the growth in differentiation. As each person becomes the creme of the crop, it will always be known that the paradigm has no anomalies and the market has no noise.
