Cycle lengths and colors
Abbreviation - cycle length - color
MY - multi year - white
MM - multi month - cyan
MW - multi week - dark green
MD - multi day - blue
24h - 24 hour - white
Session - session - dark olive
3h - 3 hour - light blue
1h - 1 hour - purple
15min - 15 minute - yellow
Trend lines
Naming convention:
<Direction><"trend line"> <cycle length>
Examples
- UTL1h - uptrend line based on hourly cycle lows
- DTLSession - downtrend line based on session cycle lows
Moving averages
Moving averages are always calculated using the mean price of the candle.
Naming convention:
<SMA><cycle length>
Pivots
Bar pivots are calculated only based on the previous bar, and the formula is (high + low + close) / 3. The same pivots will be found on lower time frame charts, but this time as horizontal lines.
Naming convention:
<Piv><cycle length>
Global variables
Global variables
I have written some functionality in NinjaTrader, which allows me to push the latest value of certain indicators to other charts. I use this to push for instance moving averages from higher to lower time frame charts. You can see this on the lower time frame charts by noting that there is a horizontal line going across the whole chart, and the line is dashed. This means that I for instance can see the SMAMW (standard moving average set to the length of the multi week cycle) on the hourly chart as calculated on the daily and weekly charts.
Concepts
My knowledge of most (if not all) concepts used in the analysis presented on this blog can be attributed to the patient Glenn Suprenard - founder of the now discontinued Cycles?? WhatCycles? blog
Concepts
My knowledge of most (if not all) concepts used in the analysis presented on this blog can be attributed to the patient Glenn Suprenard - founder of the now discontinued Cycles?? WhatCycles? blog
