iCharts Discussions

Ruchirgupta2000 · White Belt Joined: 12 Jun 2014 Posts: 297

Thanks to you all for a sincere encouragement.

Amit- Yes Constance Brown is the person.
Vinay- If we all unite atleast we can start defeating the FII list starting from bottom and that does seem possible looking at so many funds underperform the index.
Opportunist- Thumsup to you bhai, I even kept ignoring it few years ago because I thought it was difficult.
Ravee- If we have a goal in our mind we can achieve it.. we may not even get toghter to do that but.... its possible.

Guys I am uploading just a very initial stage model.

May be many of you could understand it if have understanding of the knowlege of a bit excel to evalaute formulaes and retrace them.

So far Model has the prices of Nifty since year 1995. but I have started evaluating event since 2000 till 2009.

so far my aim is to predict the Time Rythem Zone (TRZ) as said by Robert Miner. I have started getting the durations of actual time zone when the high or low is expected. on the long terms which is still as long as 2 -3 months for the bigg market moves, 4-10 days for the 2-3 month move.
so far only tested it for lows (bear trends).

TD= No. of Trading days
CD= Calender days
L-L- TD= Low to Low Trading days.
H-L- CD= High Low Calender days

rest you wil understand.

I will further try to decrease it give 2-3 days time target

short coming is sometimes the weekday holiday spoils the predictions. and models predictions becomes deviated in the terms like diwali, new year when there are much more holidays.

Dont think that it will not help in day trading because I am developing a second model that gets price and updated from googel.

challenge here is the time data is coming in codes and I am fighting to integrate that with longer daily data so that even low can be predicted a few minutes length with presicion. uploading both the models.

let us give it a try coz the Axe that is itself made of wood when hammerred with a sharp edge on tree and the contiusly hammerred at the same spot of the tree it makes the tree fall.

unable to upload... but I will make it reach to you all any how.

Ruchirgupta2000 · White Belt Joined: 12 Jun 2014 Posts: 297

Hi all, in last few days I studied Patrick Mekula's Defeinitive guide to forcasting square of nine as suggested by Raja in his thread. I read it all however not able to apply it practically and hence I doubtful till I dont use them. meanwhile I got an excel on net on which I could have tested Mekula's examples but I found the following challenges:
1. Nifty is in 8000 range and square of nine is till near 700 or 800, it requires huge time to make a square of nine with figures till 8000 planted on it.
2. I got doubful on square of nine when I studied few chapters of Gann's Master stock market course as Gann's book has it in different format.
a. Gann has used it in columns 1-9 in first column, 10-18 in second and so on.
b. Mekula plot 1 in the middle and then 2-3-4-5 etc in the clock wise direction and claims that Gann has used clockwise most of the time.
3. I could have done the practical of Mekula's Book on the found out excel sheet but since, I am testing the Time as per Miner's book and all the testing so far I have done on Nifty and unable to apply Mekula's methods on nifty coz of limitations on square of nine.

on the other side I have begun with all the confidence to start reading the Gleen Nelly's Mastering Elliott wave but got stuck to the place where he starts retracment rules (chapter 3) and says that this requires your orginal charts to practice. First I dont know to make the charts of high- low average points he has suggested. Second is it possible that I use it on the charting software (candlesticks)?