Wave Scale Key

In order for easy recognition I have colour coded everything - pivots, trend lines and forks to the fractal wave scales based on visibility on the chart interval down to hourly (I have given approximate equivalent Elliott Wave scales for those that are familiar with his work);

Y early Black (GSC - Grand Super Cycle)
Q uarterly - Gold (SC - Super Cycle)
M onthly - Orange (Cycle)
W eekly - Red (Primary)
D aily - Purple (Major)
d eci - Blue (Intermediate) previously 4H
c enti - Green (Minor) previously H

And for wave counting with smaller intervals than hourly charts as follows;

m illi - Blue (Minute) previously 010
µ micro - Grey (Minuette) previously 005
n ano - Pink (Subminuette) previously 004
p ico –Orange ( - ) previously 003
f emto -Red (-) previously 002
a tto - Purple (-) previously 001
z epto - (-) previously 000

When I refer a pivot I prefix it with the abbreviation on the left shown above, followed by the pivot number e.g. D4 means pivot 4 on the daily fractal wave scale, and down waves have a negative eg. µ-2 means pivot -2 on the micro fractal wave scale.


alt +30 ▲, alt+31 ▼, alt+230 µ, alt+0165¥, alt+156 £, alt+0128 €,

 

12 Responses to Wave Scale Key

  1. Pingback: Reading MAP Wave Charts Basics. - MAP Wave Analysis

  2. Nikki says:

    Correction:
    Q uarterly – (OEW) Cycle

  3. Nikki says:

    Hi Marc,
    your wave scales relation with OEW (if that is what it’s meant to be) seems to be off one degree, their relationship should be as following-
    Q uarterly – (OEW) SC
    M onthly – (OEW) Primary
    W eekly – (OEW) Major
    D aily – (OEW) Intermediate
    d eci – (OEW) Minor
    Bill will correct me if I’m wrong.

    • Bill C says:

      Hi Nikki.
      This is the long term skew that I’ve been talking about but haven’t resolved yet.
      When you go back and look at Marc’s long term DOW chart, it has extra waves around 1950’s time frame not confirmed by OEW.
      This difference, causes MAP to complete SC1 (Quarterly scale) at 1973 top, where OEW only has it a C3 of SC1
      During the beginning of rally from 1932 low, C1 and C2 waves in MAP and OEW were perfectly aligned.
      Then, net result of MAP rally from C2 low (1942 to 1973) was corrective (3 big waves, C3-C4-C5 = SC3), where OEW was impulsive (PI thru PV = C3).
      The skew remains in play off the 1974 low, since that becomes MAP SC2 and OEW C4.
      Then both systems track 5 waves up to the 2007 top so the skew remains unresolved, C5 of SC1 (OEW) and SC3 (MAP).
      Don’t think this can be resolved with simple linear scale shift. There needs to be waves inserted or extracted to get these realigned.
      I’m guessing it may happen sometime in the future, otherwise the long term count may be off and needs to be changed.
      Or maybe there’s a MAP “failure” (prior DT overlapping with next UT) somewhere in the mix that could resolve this dilemma.
      Doesn’t make sense that MAP is way ahead working on SC5 while OEW is on SC3.

      • Nikki says:

        thanks Bill for the info. I haven’t looked any of Marc’s charts that dated back earlier than 2009, will do so sometime so I’d get a better understanding of the issue you described.

  4. mlurski says:

    Much better 🙂

    Did I read that you do not label lower than an hourly time frame? If not, I would vote to NOT label less than hourly as there is way too many lines to look at.

  5. mlurski says:

    What are the numbers 12 through 00 in the key used for? If they are not part of the labeling, they are confusing to me

    “When I refer a pivot I prefix it with the abbreviation on the left shown above followed by the pivot number e.g. D4 means pivot 4 on the daily fractal wave scale, µ-2 means pivot -2 on the micro fractal wave scale.” D4 should be in purple and u-2 should be in grey

    You have not explained the difference between a positive pivot and a negative one – confusion

    Yes, the yellow lettering on a white background might as well be white lettering on a white background – simply cant read what it says

  6. William says:

    Hi Marc.
    This wave scale key is very important reference and helpful for visualizing your waves.
    Can’t read pico level (YELLOW), so suggest you beef that up with black background or something to show it better.
    Think the GOLD and ORANGE are too close visually and next to each other in scale. Suggest different color for one of these to make it easier to distinguish between them.
    Noticed an interesting distinction maybe from OEW, that your Wave definitions seem to be connected to specific time scales. For example Major => daily scale, Primary => weekly, etc. It would be nice to clarify somewhere what defines each of these waves/scales. For example, how are the BLACK waves (yearly scale) formed? Using SMA over a number of years to define highs and lows, or maybe just go the yearly scale, over say a decade of time, look for the extremes and begin drawing forks and parallels. Maybe this will become clearer to me after further study. But having a quick top down reference would be handy. For example, seems like BLACK waves at a minimum need to have multi-year moves for each wave, otherwise cant find and trace the relevant pivots. Same applies going down in scale. Also important to know if your system of waves are built from top down or bottom up.
    Bill C

    • Marc says:

      Pcio and down I only use when short term day trading so not actually used on the site. I spent a while looking at the colours but it is difficult to get enough contrast when using so many time frames with each colour representing one time frame.

      Possible if you jump to
      http://mapwaveanalysis.com/mapwaves/big-picture/us-indices/dow-jones-11-december-2012-2/ which is the big picture introduction to US indices

      The wave scale key was largely formed from which charts the wave scales are easily visible, and a reiterative process to find simple language and easy correlation – so tick scale where that wave scale is most likely is what I have gone for and as I read alot of Martin Armstrong’s stuff (he does not believe in wave counting) his arrays and reversals are the same so most likely a combination.
      In EW there is no idea of what a Primary wave might be, or Major etc., whereas I found it much simpler when I started with waves to just use the tick scale.

      Depending on your beliefs, and mine is that everything is cycle related, it goes up to the start of time and down into such small units we cant comprehend that. Even the Mayans were working on 12000 odd year cycles which was a smaller cycle in the next bigger one! I am just working within those that will most likely impact me, but again the 309 odd year East West swing will affect us!

      The amplitude the wave scales halve as you move down one and double as you move up one.

      • Bill C says:

        Agree, don’t really care about or plan to use pico scale. But still can’t read it’s description on this page due to color contrast, YELLOW over white background. Just an esthetic improvement suggested to correct this so readers can see it.
        Ok, from link you posted, looks like your yearly scale is counting rally from 1932 low as part of Y5 and guess your using Y234 fork to track that. By your approximate EW equivalent, that implies we’re in GSC-5. Is that correct?
        That also begs question, where is Y2 to establish center of fork and how is that constructed given lack of pricing data back into 1800’s era? What criteria is used to establish this top level view?
        Is it correct to assume your using semi-log for Yearly scale? At what lower scale do you switch to linear?

        • Marc says:

          Will change it to repeat orange red and purple as they are rarely used on charts bigger than hourly.

          Yes, I believe we are in Y5, GSC5. Have used Martin Armstrongs reconstructed chart. He has the best historic databases on the globe!

          Yearly scale – have not really looked for a switch over, but if you look at some of the yearly and quarterly charts I have used log scale purely to see wave shape, which is actually extremely important as it gives you a good idea of the count, and occasionally log scale from about 20+ years eg starting in the 70’s and 80’s

          • Bill C says:

            Top level still not clear. Agree MA’s historical data is probably best in the business.
            Apparently you’ve taken Y2 from that data and constructed Y234 fork channels using semi-log scale. Is that correct? Please be more specific.
            What time intervals are you using, quarterly or monthly or something else?
            Y2 = ? What data point is used for this key pivot?
            Y3 = ? Is this 1929 highest daily close or something else?
            Y4 = ? Is this 1932 lowest daily close or something else?
            Will need more details on construction of the top level channel.
            Also not sure what you mean by using log scale purely to see wave shape. Maybe this will clear up as soon as I know how the big picture was constructed.
            Think this is very important element for understanding and use of your system, i.e. need the criteria for constructing top level view.

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