Table 1. Agreed Wave Counting Marking.
| Wave Degree | 5s With the Trend | 3s Against the Trend | Time Frame |
| | Triad of Arabic Figures | Triad of Upper Case | |
Grand Supercycle
| [I] [II] [III] [IV] [V] * | [a] [b] [c] [d] [e]
[w] [x] [y] [z] * | Millennial, secular |
Supercycle
| (I) (II) (III) (IV) (V) | (a) (b) (c) (d) (e)
(w) (x) (y) (z) | Secular, annual |
Cycle
| I II III IV V | a b c d e
w x y z | Annual, quarterly, monthly |
Primary
| [1] [2] [3] [4] [5] * | [A] [B] [C] [D] [E]
[W] [X] [Y] [Z] * | Quarterly, monthly, weekly, daily |
Intermediate
| (1) (2) (3) (4) (5) | (A) (B) (C) (D) (E)
(W) (X) (Y) (Z) | Monthly, weekly, daily |
Minor
| 1 2 3 4 5 | A B C D E
W X Y Z | Monthly, weekly, daily, 240 min |
Minute
| [i] [ii] [iii] [iv] [v] * | [a] [b] [c] [d] [e]
[w] [x] [y] [z] * | Weekly, daily, 480-60 min |
Minuette
| (i) (ii) (iii) (iv) (v) | (a) (b) (c) (d) (e)
(w) (x) (y) (z) | Daily, 480-60 min |
Subminuette
| i ii iii iv v | a b c d e
w x y z | 480-60 min and less |
| Micro-1, -2, -3 | Triad of Arabic Figures | Triad of Upper Case | |
| Micro-4, -5, -6 | Triad of Roman Figures | Triad of Lower Case | |
* In his works Robert Prechter used encircled symbol to label some wave degrees, but later this symbol was replaced by square brackets [1] to ease wave counting marking, as there is no encircled symbol in most of the programs.
Arabic figures coincide with the letters in the upper case (1 – A), whereas Roman figures correspond to the letters in the lower case (I - a, i - a). Roman figures in the upper case should be used only from the Cycle and higher.
Please note that this way of marking makes it possible to label wave degrees without any limits of increase or decrease of time frames of the examined charts. Thus it provides unique identification of wave degrees and their patterns with almost unlimited number of degrees within them.
There is the following scheme to choose the kind of symbols for wave degrees, decreasing to the right: [A1]-(A1)-A1-[ai]-(ai)-ai and then again [A1]-(A1)-A1-[ai]-(ai)-ai and again [A1]-(A1)-A1-[ai]-(ai)-ai etc.
Each triad differs from the other one by its font size, whereas degrees within each triad differ not only by additional marks (), [], but by their color as well.
Note
I added
Micro-1, -2, ..., -6 names for the smallest wave degrees (1...60 min charts).
Four examples are given below to illustrate wave counting on USD/CHF quarterly, monthly, weekly and daily charts (they are taken mainly from Robert Prechter's works). Wave degrees from Cycle to Minuette can be clearly seen there.
Figure 1. Example of Wave Counting on the Quarterly Chart.
Figure 2. Example of Wave Counting on the Monthly Chart.
Figure 3. Example of Wave Counting on the Weekly Chart.
Figure 4. Example of Wave Counting on the Daily Chart.
--
Dmitry Voznuy
forDmitry@yahoo.com
The ideas given above are purely informational purpose only. This report was translated by Natalya.
Do not reproduce without explicit permission of Alpari.
