My Projections Tool

[salmanyom]

Hi Guys,

 

 

I think I have made something crazy after spending significant amount of efforts and time on markets structure and how math can help in predicting the market turns.

 

Basically I am developing a NT indicator that will draw the next market potential turning points with specific time and price.

 

The ultimate benefit of this tool will be identifying the exact next market top or bottom point in price and time which gives me a different view of the market.

 

It will help me identify how long the current trend will last and expected price range of the current move. However, programming such tool will require significant time and efforts and I am looking for a help in this project.

 

I guess one picture worth thousands of words, I made a snap shot of June CL contract to describe what I want to say. I welcome your comments guys.

 

www*sendspace*com/file/n9pq2j

Edited April 25, 2014 by salmanyom

[Traderbeauty]

what are you using to calculate the projections ?

[salmanyom]

For me it is completely difficult to explain given the complexity of math involved. it requires time to do so. Once I prefect this tool I will make formal explanation obviously not me. I will explain it to someone who does have plenty of time to spare for this project.

 

Here is another picture ...

 

www*sendspace*com/file/8tiewv

[yamantaka]

For me it is completely difficult to explain given the complexity of math involved. it requires time to do so. Once I prefect this tool I will make formal explanation obviously not me. I will explain it to someone who does have plenty of time to spare for this project.

 

Here is another picture ...

 

www*sendspace*com/file/8tiewv

 

If it's math based, then it can be coded into an indie or strat.

 

I know of an excellent C# coder who is an engineer who would consider it at a fair price, but he won't be reachable for a month.

[⭐ laser1000it]

It's working only with CL or other (Bund, Dax...) ? It's possibe to have at Monday the prediction level before the market opening ? TIA for any feedback.

[Traderbeauty]

does it work on the ES ?

please send an image for the ES - please send a new one for this coming monday- lets see the levels it will produce.

[salmanyom]

Actually it is just the starting point for me and since I love crude oil, I have worked on CL charts only.

 

But the idea is fairly universal to all instruments. Once it is perfected I will try other instruments.

 

About the forecast for the coming Monday, I can't give you exact forecast for intraday trading because I am working now on daily charts. Reason it requires tons of calculations and it take time. Now it is already 2.20 AM at my time and I need to go to bed.

 

However for CL next week, I project it will decline circa 5 dollars to 99.30-20 range on Monday. It already bounced off my lines, so it should continue to drop.

 

In chart available in the link, we should see a reversal in 9-11 May in June it could mostly a top because crude still bullish and I am awaiting for breakout. I couldn't determine this day should be a bottom or top simply because I am exhausted now. I will review later next week to see.

 

But brothers please note it is just a testing and it is not complete at all. I need time, time, time, and time to test on historical charts to prove it's consistency. It is totally objective, so it should work on other instruments.

 

www**sendspace*com/file/jygilq

Edited April 25, 2014 by salmanyom

[newbie0101]

[quote=salmanyom--Actually it is just the starting point for me and since I love crude oil, I have worked on CL charts only.

 

But the idea is fairly universal to all instruments. Once it is perfected I will try other instruments.

 

About the forecast for the coming Monday, I can't give you exact forecast for intraday trading because I am working now on daily charts. Reason it requires tons of calculations and it take time. Now it is already 2.20 AM at my time and I need to go to bed.

 

However for CL next week, I project it will decline circa 5 dollars to 99.30-20 range on Monday. It already bounced off my lines, so it should continue to drop.

 

In chart available in the link, we should see a reversal in 9-11 May in June it could mostly a top because crude still bullish and I am awaiting for breakout. I couldn't determine this day should be a bottom or top simply because I am exhausted now. I will review later next week to see.

 

But brothers please note it is just a testing and it is not complete at all. I need time, time, time, and time to test on historical charts to prove it's consistency. It is totally objective, so it should work on other instruments.

 

www**sendspace*com/file/jygilq

 

 

Hi salmanyom

Hope all is great with you.

I mean no disrespect and am asking out of concern/curiousity...for myself??

Thank you for sharing your thoughts--Myself I would be more interested in you sharing---How u come about these levels?

Will u post your indicator you are working on?

I ask because as u state u are in the process of "developing" by chance with the indi u are working on being posted allowing others here to test, maybe could help u in ur process as well improve upon.

Just a thought and no pressure---I did learn a long time ago though--unless u ask u don't know.

Have a great one!!

Take care

Edited April 26, 2014 by newbie0101

[morisvladi]

This is interesting, Id love to hear more about it.

[salmanyom]

I made tests on ES. It looks good too.

 

http*//www*sendspace*com/file/9oow7s

[salmanyom]

Checked Euro 6E also and it seems good. I am not sure if it's gonna be a great tool once perfected unless tested enough over history before right hand side.

 

http*//www*sendspace*com/file/qbbkqq

[Traderbeauty]

it looks like gann fan, i am not crazy about that- there are many lines and of course one of them will provide a support- resistance- but WHICH ONE ? in real time its very hard to trade or make decisions.

I like concrete rules which can be interpreted in one way only- sorry but that is me :( lol.

But thanks for the sharing.

jane

[salmanyom]

it looks like gann fan, i am not crazy about that- there are many lines and of course one of them will provide a support- resistance- but WHICH ONE ? in real time its very hard to trade or make decisions.

I like concrete rules which can be interpreted in one way only- sorry but that is me :( lol.

But thanks for the sharing.

jane

 

It is not gann fan and each line end is a reversal point. I draw lines because I found extending these lines will provide significant S/R levels.

 

I know in real time it will be hard to believe it will reverse from a specific price range at pre-determined time but I think I am currently in my way to prove it is possible.

 

The only restriction I have is the time to spend on testing and refining rules which are absolutely objective ones. If my calculations,efforts, and expectations turn to be true, I think this will be tremendously valuable tool to compliment any system.

 

Right now for me it is difficult to explain what my expectations are from this tool, but I have bigger plan to formulate it in a consistent strategy that can be universally used on any instrument and any timeframe.

[Traderbeauty]

Hi Sal.

Thank you for sharing your research with us.

Its a little hard for me to get excited for something that is totally unknown and you wont even explain your method basis.

I will wait for some explanations or a final product and then will be able to comment.

Traderbeauty-Jane

[v777]

would be great to hear a more detailed explanation so that one can follow along and see if it is something worth investing time into.

[salmanyom]

Can you believe it took from my time 4.5 hours just to complete the projections.

 

http*//www*sendspace*com/file/e4dbr6

 

These are the projections for the next week. If we followed the move from March 3rd, we would know each bouncing point in advance but without price ranges :(.

[spitrader]

Thanks for that, salmanyom.

I regularly trade Crude., and will be a keen observer of what transpires.

[⭐ traderkx]

You say there some math,

but Neuro or other?

Some explanations in genral?

Thanks

Ans congrats for this work

[nawlins51]

You say there some math,

but Neuro or other?

Some explanations in genral?

Thanks

Ans congrats for this work

 

Neural networks could work just by learning patterns. Always wanted to design something like that.

[chonpz]

hi salmanyom...can u do a projection for ES..tks

[salmanyom]

hi salmanyom...can u do a projection for ES..tks

 

Hi I've just reached home from dirty work. Regarding the Es as I remember it should hit 1835- 36 level but I lost the chart..

 

1870-75 is good sell zone. I didn't recognize it works well with S&P like CL

[salmanyom]

Guys watch for the breakout of lows in ES / CL. Let's see if targets will hit today late or tomorrow

 

On ES charts, lines are forming strong supports.

 

http*//www*sendspace*com/file/pq6swe

Edited April 28, 2014 by salmanyom

[wcicom]

LOL, every so often someone shows up in this Forum who is so convinced that they found "the holly grail" that they start making predictions in the open Forum. I suspect that this one will end up like all the others did - after a month or so they are nowhere to be found, :D

[salmanyom]

CL formed the bottom yesterday as expected and rallied up to the resistance line point 9 and dropped for 3 consecutive hours. Let's see if projections become true when the price starts sharp decline before end of this week to the targeted point of time next week.

[salmanyom]

LOL, every so often someone shows up in this Forum who is so convinced that they found "the holly grail" that they start making predictions in the open Forum. I suspect that this one will end up like all the others did - after a month or so they are nowhere to be found, :D

 

First thank for your post. Second I didn't say it is the holly grail. Third I didn't say it is completed work. Fourth you don't need to follow this thread just go do your own business.