BambinoFlex wrote:onontsira wrote:cheunt3 wrote:Love to learn more about DOP

Everything started back in "MO's MBT Micro", just have a look. The main idea (which is in fact how markets really interact) is that momentum (or lack of momentum) forms from a conjunction of price level AND speed (speed is a function of time, thus the angled lines where in theory 90° is full speed and 0° is no speed). If you only look at price level ("where" aka horizontal price level), you miss half the information of what the market is telling you, because you don't know "when" (aka vertical timing).

So that if you observe the conjunction of angled lines IN ADDITION TO horizontal lines, you can then find where AND when something changes, you now have BOTH informations.

I would say that something always changes at "extensions of time" matching with "extensions of price level". I can't explain it better because my english is crap

Anyway, be sure that time analysis becomes mandatory once you understand that things are not only "price level" related

Have a nice day, and good luck to all of you guys

The question is how much (and what type) information can the DOP truly provide. The idea is simple, Price is on Y-Axis...Time is on the X-Axis...

Time is not only a variable, it's also a constant. Since all pairs have range (not as constant)....a measure of price over time...you will see that certain angles do indeed repeat themselves. MO said the DOP helps with consistency since zooming in and zooming out (the scale) of your chart affects the angles or the perception of angles.

I've seen MO's charts and they are impressive. Unfortunately, I have yet to understand if angles are predictive or if they simply help establish turning points. It could very well be both.

As of now, a close above or below the midpoint, buying or selling "pointy things", and targeting previous highs/lows aka a zero line...is the simplest yet very powerful trading plan with modest results. Moving it up to scaling in and scaling out, while managing risk, will result in EXTREMELY positive results...to the point where MO says that you can't lose.

Many asked Mo what he meant by "something" in many points he refers to the midpoint. Even drawing the middle of ranges (a type of combining candles-think Renko or other price dependent charts). Basing bias off the close of the previous candle in relation to its midpoint is extremely simple but it will work. You can take this idea across multiple tf and the results will be similar.

As for angles...I first need a consistent way of being marking them to be able to test them.

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I think I understand what you're trying to say about the time extension and price extension relationship. It's similar to how TRO explained the 3 Level ZZ. If the sema to sema range is small, then look for a breakout...and vice versa.

IF TRO codes into the price analyzer or the Frequency Distribution a way to measure the distance between semas and be able to determine if candle 0 closed below/above what ever you want...Mid..Previous low/high...etc... while using candle 1 high/low as the candle where the sema last formed. It will show the relationship between time and price.

It's not really a focus of mine but it will definitely help in taking certain reversals (point thing trading).

Hi BambinoFlex,

Thanks for the detailed reply. I see we share many views on how things occurs but some differences remain and it is very constructive to discuss about them.

It will be difficult to avoid being simplistic because of my english language skills but I will try to expose what I mean.

The main difference, at least for me, resides here: a pip move is a pip move, in opposition to a time move which is different when you look at it from a different perspective (from a different TF).

A 10 pips move is a 10 pips move on M5, H1, H4, etc... The "extensions of price level" will happen in the same proportion on every TF, so we can extend the fibs on every TF with the same increment. To me, from the origin of the move, it will remain constant, it won't vary, that's what I understand of TRO/MO's saying "price is the same on all TF"

At the opposite, time dilates to produce momentum: it wraps around our fixed price fib (shows a pattern at extension of price level) and its dilation (extension of time) is different from one TF to another, thus different angled lines that change from one TF to another as fibs remains the same on all TF...

In short, for me: same incremented horizontal lines over price (fibs) BUT variably incremented lines over time (angles), and when they "match" each other we are left with a "new global" extension of one upon each other, so that the original pace is respected in some way, but we have a new information due to the variability of the angle. From the original price-level/time move, only time pace has changed (the angles changed) it has dilated to develop another move, ON ANOTHER TF, from the original fixed incremented price of the original move.

As for the angles and the "way to mark them", I would say that if you consider that the midpoint of price is 50% of a range, then the midpoint of time should be 45°. From this perspective and knowing that time dilates, when lines "match" again after the original move, then it generates a change on a higher TF...

I wish I could be better in english, anyway that's how I see markets from some time now. I think I am not the only one that has been blown away by this, please have a look here: post137745?hilit=diamond%20of%20perception#p137745

You will find that Jala says something I totally share: "This method of actually SEEING the price algorithm is the most perfect knowledge that was provided to us by MO back in the NLA thread" because it is also my belief that the combination of horizontal+angled lines is the only way to go: "Doing it this way and "fitting" the price action and then locking it is the best way to be 100% sure that YOUR line is YOUR LINE"

Have nice day!

Onontsira