2066
by ImpLaNT
@Ikeyoung27, @ForexFux, and other new members of thread, it’s very nice to see interested people on this forum who want to understand the essence of Orbit. It’s very good that you came here, because your determination and very hard mental work (if you put it in) will be rewarded multiple times, because in your hands and head, as a result, you will have the only true knowledge with which you can live your life in in whatever capacity you want, the question of money will no longer stand before you and interest you, at least as long as financial markets will exist in the form in which they exist now. Agree, it's worth it...
And these are not some pompous words, or defamations towards Doji, as the creator of this approach - this is just a banal statement of fact.
As you have already seen, this approach and its creator have detractors who claim that everything Doji talks about is complete nonsense and Orbit itself is worthless. And this is not at all because they are opponents or enemies of Doji, far from it. The fact is that this Snitch never opened in front of them (and it opens at the end...). In one of my posts, I talked about the lobotomy that you should do to yourself in order to knock out from your brain a lot of unnecessary “knowledge” that you acquired along the way of becoming a trader. The shorter this path was, the easier it will be for you here because relearning is always much harder than learning. I think that I was lucky to some extent because during my long journey as a trader I always gravitated toward the so-called swing trading, that is, trading from high to low and vice versa, and this is exactly the method that Doji mainly professes here . In the process of my work, creating my templates, I subconsciously came to the idea that there is a certain space in which the price exists and in order to find extremes of the price function (fractures, as Doji calls them), I need to find some way to divide this space. The solution came unexpectedly from where I did not expect it to come at all. But nevertheless, what I was able to do was obtained empirically, that is, through observation and selection. Now I am sure that the existence of my solution and approach is justified by nothing other than the fractal nature of the market, which Doji constantly talks about here. That is, in some very basic part we are singular with Doji, but he is the first who was able to give a scientific mathematical justification for the hypothesis, the first who developed a whole scientific (in my opinion) approach from this hypothesis, and moreover, he was able to implement this in a tool, which made it widely available.
Think about how beautiful the hypothesis is about representing the price as a certain single point moving in price space in time, fluctuating around the average level. And it was precisely this representation of price movement that paved this invisible bridge that connected the price chart with the mathematics of chaos, and Doji was the first who build this bridge. In this theory there is no place for such concepts as trend, timeframe or price bar, but here we constantly use these words and concepts only because we have long been accustomed to them and understand what they mean. There is only a single point - the current moment (value) of the price, which constantly undergoes changes and thereby acquires movement in space. Its these fluctuations that the Orbit screenface shows you. The deviation of a single point from the average value, which is calculated based on previous data of this point movement (historical price data). If this point fluctuates without moving far from the line of the average value, we are talking about near space (n-2n) - essentially these are small pullbacks, more significant deviations (3n-6n) are significant pullbacks caused by a significant stretching of space (the point deviates quite far from the center line, but the main dynamics (direction) of its movement is still preserved), 7n-9n - if the deviation of the point affected the partitions 7n-9n, then the point has deviated so much that it has begun to pave a new space (deep space), which indicates a complete change current dynamics (change in direction of movement) and now the point will no longer return to its old middle line; on the contrary, the middle line will begin to move towards the point that left it due to new values of the price moment (a very strong stretching of space).
Further, Doji was able to transfer the concept of a strange attractor (the path along which a single point moves chaotically) from theoretical mathematics to practical price charts. He was able to define and present the structure of the attractor on charts, which is a three-legged pendulum, in the middle of which there is a folding stage of the price space, or as it is called here the “saddle” (FLE).
I find it very useful that on the forum there are people like Dave111, who are old-timers in this topic and have taken on the function of practical mentors. In this way, a certain structure is formed, similar to a university, where the professor gives lectures, and practical teachers show the practical application of the theoretical part.
Why did I write all this? So that everyone who ends up here understands in the end what and who you are dealing with here. You are dealing with a completely new approach to trading, the first approach in history unambiguously based on theoretical mathematics, and therefore the first in history a correct scientific and not an empirical approach. And this gives me the right to claim that this is true knowledge, which can only be one by definition. And everyone who knows about Orbit was here and for some reason refused to understand and study it - they simply abandoned the knowledge that gives its owners what you are all here for - the skill of impeccable trading. But refusal, just like hard work, is a voluntary choice of every person.