Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
I have received several enquiries regarding Hurst techniques..and even if this is not the object of this thread,I will just post a few pics regarding what one can do by applying Hurst methods.
Basically,Hurst used centered smas to filter noise and nail the projected botom or top of a cycle with a very high degree of accuracy..just take a look at the pics..it works for all timeframes,better in daily and 4h.
If you want additional info regarding Hurst,do yourself a favour and get his book..he will explain it much better than I
Thanks for the threads. They are quite enjoyable as well as informative! I've been enjoying following along on your GBPUSD thread. BTW, J.M. Hurst's method seems quite interesting. Looking at your setup, I see that you have 4 SMA's of various timeframes but each one seems to be behind another. Can you share any more insight to the setup you have posted?
Simba..could you please tell us the sittings for the MA's in your last pics(Hurst tech.& also the book link) and also we'll be waiting your Con man..have a great weekend.
BOOK:Buy it,download it,whatever(have you heard of eMule?)
Picture settings:the settings are based on the concept of centered moving averages..If you want to understand it read the book,google the term,whatever,I will not spoon feed it to you,basically because it is very lengthy to explain and prove.. and very easy to understand from Hurst`s explanation..so,do your homework...
..To know which moving averages you shall use, you must know the cyclic model of the pair you want to trade(cyclic model:3 or 4 more relevant cycles)
How to know?Digital filter generator,posted by newdigital,do a search on this Forum
In the case of the pictures previously posted,I used
SMA35 DELAYED 17 PERIODS
SMA 51 DELAYED 25 PERIODS
SMA 103 DELAYED 51 PERIODS
SMA205 DELAYED 102 PERIODS
The charts were on 1h tf,but as an example,I post a pic for GBPUSD WEEKLY
with the 3 latest setings,and a "visually intuitive" explanation of use
Save in mt4/experts/indicators,then close and reopen your platform and it should be there working for you
Enjoy it
Simba
EDIT: THE 5 COMMANDMENTS OF THE SIMBACONMAN
1-USE ONLY IN DAILY TF
2-USE FOR GBPUSD EXCLUSIVELY
3-DUE TO HIGH CORRELATION(between gbpusd,eurusd,inverted usdchf) YOU CAN USE IT,FOR CONFIRMATION ,WITH EURUSD and USDCHF..SO,IF THE 3 AGREE USD UP OR USD DOWN (versus European currenciesYOU HAVE HIGH PROBABILITIES STACKED IN YOUR FAVOUR
4-IF,IN SPITE OF POINT2 YOU WANT TO USE IT FOR ADDITIONAL PAIRS,LIMIT YOURSELF TO EURUSD,USDCHF AND ONLY IF YOU HAVE MUTUAL CONFIRMATION IN THE 3 PAIRS
5-IF,IN SPITE OF POINT 1,YOU WANT TO USE IT FOR OTHER TIMEFRAMES,DON`T DO IT..at times it will work (specially in 1H,15M,5M,1M) like a clockwork..and at times you will get very nasty surprises..DO NOT USE IT FOR TIMING IN SHORTER THAN 1D TFs
I HAVE GIVEN YOU A VERY SHARP INSTRUMENT..CAREFUL USE WILL CUT YOUR LOSSES,CARELESS USE WILL BLEED YOUR ACCOUNT
Simba,
I am getting periods slightly different from those that you have posted. I did an analisys from the middle of November to December 13 on the H1 GBPUSD chart, and it could only confirm the 35 and 51 periods. The next peak seems to be somewhere near 85. Am I right in using a period as long as a month to determine the peak values? I am not sure that I am looking for what I should be..
Thank you for all the invaluable knowledge that you have shared with us!
Last edited by wananohoshi; 01-06-2007 at 03:47 PM.