LOOKING AT YOUR PRICE CHART
Determine/Find/Enter Your Security's Focus Interest Price, such as it's last 'time frame relative' Pivot Point Price, or Flex Point Price, or its Current Price. ___
Enter Your Security's Coordinate EchoBackDate Price* related to the Focus Interest Price or the Current Price you have elected in 1. ___
*Some reader's have trouble identifying the echobackdate price of a securities' selected Focus Interest Price. Simply look back the length of your chosen cycle period to find it. For example, the Quarterly EchoVector (QEV) echobackdate for today's price would be the price on the same trading weekday one quarter of a year ago, or 13 weeks ago. The Bi-Weekly EchoVector (WEV) echobackdate for today's price would be the price on the same trading weekday 2 weeks ago. The Annual EchoVector (AEV) echobackdate for today's price would be the price on the same trading weekday 52 weeks ago.
Enter The EchoVector Time Length you have elected (in terms of Total Applicable Bars: ie., Weeks, Days, Hours, Minutes, Varied Time-Blocks, etc.).
The Generated EchoVector Slope Is Then: ___ (per applicable bar and per unit time-block).
Active Equation: 1. minus 2. divided by 3. equals 4.
Enter The EchoBackDate's Historical Forward Focus Pivot Point or Flex Point Price (The Price of a Subsequent Price Supporting Pivot Point Price or the Price of a Subsequent Price Reversing Pivot Point Price) of Interest that followed the EchoBackDate. ___
Enter The EchoBackDate's Historical Forward Focus Interest Pivot Point's or Flex Point's Additional Forward Time Increments From EchoBackDate's Time (in Applicable Bars: ie., Weeks, Days, Hours, Minutes, Varied Time-Blocks, etc.).
The Coordinate Forecast EchoVector Pivot Point Price Is: ___ .
Active Equation: 1. plus (4. times 6.).
Calculating and Constructing The Security's Corresponding Forecast EchoVector Support/Resistance Vector: The Coordinate Forecast EchoVector Support/Resistance Vector (CFE-SRV)
A CFE-SRV, a Security's Coordinate Forecast EchoVector Determined Price Support/Resistance Vector, runs from the Security's Starting Reference Price ___ in 1. above to the Forecast EchoVector Pivot Point Price ___ in 7. above and runs forward ___ number of bars as entered in 6. above from the starting reference price point ___ entered in 1. above, and runs along at the slope (rate) generated in 4. above to the EchoVector Pivot Point Price ___ calculated in 7. above. This EchoVector SRV can be readily projected (and drawn on chart).
Perform Calculation 5. through 8. for Each Sub-sequential Price Supporting Pivot Point Price and Sub-sequential Price Reversing Pivot Point Price of Interest from Your Security's EchoBackDate Price (Within A Relevant Interest Range*). ___, (S1, S2, S3, and R1, R2, and R3)
The Interest Range, technically referred to as Range C within the MDPP Forecast Model, consists of a constellation of time-frame and scope-relative pivot points in the price track of your subject security that follow the echovectors echo- backdate-time-and-price-point, selected by specific Range C criteria. See EchoVector Analysis and EchoVector Pivot Points for more information on Range C.
For your general echovector pivot point calculations, and for your different perspective constructions and for your graphical framing purposes, you use any of the pivot prices you see on your chart proximate to the echovector echo-back-date-time-and-price point to start that interests you, perhaps then picking 3 relative bottoms (ascending or descending or a combination) and 3 relative tops (ascending or descending or a combination) also, and remembering which were price supporting pivots and which were price resistance pivots. This will enable you to calculate a set of S pivot points and R pivot points to your echovector starting reference price (your beginning point, which is also your selected echovector's endpoint), who's set of 'simple and rudimentary method generated' EchoVector Pivot Points you have now just calculated)
Twelve Significant EchoVector Calculations For Perspective
And Calculating Their Respective EchoVector Pivot Points
1. Daily EchoVector (24HEV)
2. Weekly EchoVector (WEV)
3. Bi-Weekly EchoVector (2WEV)
4. Monthly EchoVector (MEV)
5. Bi-Monthly EchoVector (2MEV)
6. Quarterly EchoVector (QEV, 3MEV, 13WEV)
7. Bi-Quarterly EchoVector (2QEV, 6MEV, 26WEV)
8. Tri-Quarterly EchoVector (3QEV, 9MEV, 39WEV)
9. Annual EchoVector (AEV, 4QEV, 12MEV, 52WEV)
10. Congressional Cycle EchoVector, Bi-Annual EchoVector (CCEV, 2AEV, 8QEV)
11. Presidential Cycle EchoVector (PCEV, 2CCEV, AEV)
12. Regime Change Cycle EchoVector (RCCEV, 2PCEV, 2CCEV, 8AEV)
EchoVector Pivot Points
An Introduction to EchoVector Analysis and EchoVector Pivot Points
"EchoVector Theory and EchoVector Analysis are a price pattern impact theory and a technical analysis methodology and approach postulated, created, and invented by Kevin John Bradford Wilbur.
EchoVector Analysis is also presented as a behavioral economic application and securities analysis tool in price pattern theory and in price pattern behavior, study, and forecasting, and in price speculation.
EchoVector Pivot Points are a further technical analysis tool and application within EchoVector Analysis, derived from EchoVector Theory in practice.
EchoVector Theory and EchoVector Analysis assert that a securities prior price patterns may influence its present and future price patterns. Present and future price patterns may then, in part, be considered as 'echoing' these prior price patterns to some identifiable and measurable degree.
EchoVector Theory and EchoVector Analysis also assert that these influences may be observable, identifiable, and measurable in price pattern behavior and price pattern history, and potentially observable in future price pattern formation, and potentially efficacious in future price pattern forecasting, to some measure or degree.
EchoVector Analysis is also used to forecast and project potential price Pivot Points (referred to as PPP's --potential pivot points, or EVPP's --EchoVector Pivot Points) and future support and resistance echovectors (SREV's) for a security from a starting reference price at a starting reference time, based on the securities prior price pattern within a given and significant and definable cyclical time frame.
EchoVector Pivot Points and EchoVector Support and Resistance Vectors are fundamental components of EchoVector Analysis. EchoVector SREV's are constructed from key components in the EchoVector Pivot Point Calculation. EchoVector SREV's are calculated and also referred to as Coordinate Forecast EchoVectors (CFEV's) to the initial EchoVector (XEV) calculation and construction, where X designates not only the time length of the EchoVector XEV, but also the time length of XEV's CFEVs. The EchoVector Pivot Points are found at the endpoint of XEV's CFEVs' calculations and constructions.
The EchoVector Pivot Point Calculation is a fundamentally different and more advanced calculation containling significantly more information than the traditional pivot point calculation.
The EchoVector Pivot Point Calculation differs from traditional pivot point calculations by reflecting this given and specified cyclical price pattern reference and its significance and information in the echovector pivot point calculation. This cyclical price pattern and its reference and its slope momentum is included in the calculation and construction of the echovector and its respective coordinate forecast echovectors, as well as in the calculation of the related echovector pivot points..."
Learn To Construct
(1) A FINANCIAL MARKET TIME-CYCLE PRICE ECHOVECTOR of a Particular Cyclical Length and Starting Reference Time-And-Price Point, And
(2) A FINANCIAL MARKET TIME-CYCLE PRICE ECHOVECTOR'S Corresponding FINANCIAL MARKET TIME-CYCLE ECHOVECTOR PIVOT POINT PRICE PARALLELOGRAM, And
(3) A FINANCIAL MARKET TIME-CYCLE ECHOVECTOR PIVOT POINT PRICE PARALLELOGRAM'S
Included OTAPS-PPS SWITCH SIGNAL VECTORS.
It is often suggested to start with the readily available daily increment quarterly cycle length period on your price chart, and to then eventually construct an echovector pivot point price parallelogram (EV-PPP-Pgram) using the echovector (EV) and a scale-and-scope-relative pivot point nearby (and subsequent to) the echovector's echo-back-date (EBD). This already occurring scope-and-scale-relative nearby pivot point following the EBD's phase is referred to as the NPP. This 'relatively nearby' pivot point to the EBD constitutes the third point in the EV-PPP-Pgram. The first point is the starting reference time-and-price-point (STPP) in the echovector's initial construction. The second point in the financial market time-cycle price echovector pivot point price parallelogram is the echovector's echo-back-date-time-and-price-point (EBD-TPP).
This nearby pivot point also constitutes the end of the NPP Extension Vector that runs from the EBD-TPP to the NPP. (To support the OTAPS-PPS Position Polarity Reversal and Switch Signal active advanced position management strategy, this NPP Extension Vector will also be symmetrically transposed to become one of sources of the active OTAP-PPS Position Polarity Switch Signal Vectors within the PPS Switch Signal Vectors Fan that will also eminate from the echovector's STPP.)
The NPP to the EBD-TPP also constitutes the beginning of the coordinate forecast echovector, reading left to right. The EBD-TPP constitutes the beginning of the echovector, not by way of construction, but when reading left to right. The beginning of the construction of the echovector is on the right at the starting reference point, and moves back to the EBD-TPP, right to left, during construction.
The Coordinate Forecast Echovector (CFEV) runs parallel to the initial echovector in the Time-Cycle Price Echovector Pivot Point Price Projection Forecast Parallelogram, and is the same length as the echovector. The NPP Extension Vector (NPP-V, being either an NPP-S Vector or an NPP-R Vector, S designating Support and R designating Resistance) is on the left side of the parallelogram. At the far right endpoint of the parallelogram construction we find the projected echovector pivot point projection time-and-price (EV-PPP-TPP). When the scope-and-scale-relative nearby pivot point that follows the EBD-TPP is a price supporting pivot point the echovector pivot point that is projected to follow the echovector's STPP occurs below the STPP. When the nearby pivot point is a price supporting pivot point to the EBD-TPP the EV-PPP-TPP occurs after and below the echovector's STPP.
.
The CFEV has the 'already occurred' NPP to the EV's EBD-TPP, and at the end of the CFEV we find the EV-PPP. The X-EV (echovector of cycle length X) has its STPP (starting time and price point -the starting reference point) on its far right, and its EBD-TPP on its far left. The parallel CFEV has the NPP (an identified and elected scope relative pivot point price at a specific time occuring nearby, but following the echovector's EBD-TPP) on the far left, and has on the far right the EV-PPP-TPP, the echovector pivot point projection. The STPP, EBD-TPP, NPP, and the EV-PPP constitute the four key time-and-price-points in the financial market time-cycle price echovector pivot point price projection forecast parallelogram.
The forth side of the parallelogram, STPP to EV-PPP, constitutes an active OTAPS-PPS Position Polarity Switch Signal Vector within active advanced risk and position management strategies.
Learning this simple construction process, you will then be able to construct several (4 to 8) parallelograms, each with different nearby pivot point (NPPs) to the echobackdate-timeandpricepoint. Some NPPs may be found to have a price higher than the echobackdate and some a price lower. Those with prices loWer can be designated NPP-S1, NPP-S2, NPP-S3, NPP-S4, etc. Those with prices higher can be designated NPP-R1, NPP-R2, NPP-R3, NPP-R4, etc.
The cycle echovector pivot point price projection forecast parallelogram of length X with starting reference point STPP and echo-back-date-time-and-price-point EBD-TPP and containing NPP-S1 will have X-EV-PPP-S1 generated on its far right through the construction process as its cycle echovector pivot point price projection S1.
S1, S2, S3, S4, and R1, R2, R3, R4, (S for support, and R for resistance, S at an NPP price-and-time-point below the EBD-TPP price-and-time-point, and R at an NPP price-and-time-point above the EBD-TPP price-and-time-point) may occur and be forecasted for any STPP.
Each generated STPP to EV-PPP-Sx Vector (the fourth side of any time-cycle price echovector pivot point price projection forecast parallelogram) and each generated STPP to EV-PPP-Rx Vector (also the fourth side of any cycle echovector pivot point price projection forecast parallelogram) constitute potential OTAP-PPS Vectors, and together constitute elements of the OTAPS-PPS Vector Fan for any give cyclical time-frame length of interest (12 of the key cycle time-frame lengths in echovector analysis are listed above).
For more comprehensive forecasting and analysis, (1) EchoVector Pivot Point Price Projections and (2) Active Advanced Risk and Position Management OTAPS-PPS Position Polarity Switch Signal Vector Fans, for all 12 key echovector cycle lengths, for any STPP of interest, can be generated.