__Different names – similar approach__ **Markets repeat directly or inversely every:**

- four days

- four lunar months

- four Lunar years (12 lunar months, 354 days)

- four calendar years (16 seasons, 1461 days)

- 19 calendar years and 5hrs
Taken from: Welles Wilder, Delta Phenomenon, 1991

Delta Phenomenon – Welles Wilder and Market Matrix - Steve Copan have eventually developed slightly different ways of this cyclical approach, I still call it Delta ( possibly incorrectly), and the cycles have been named differently.

This post attempts to illustrate this, in order to eliminate some confusion which might arise by different terminology used in respect of cycle manes.

Delta , Welles Wilder - Market Matrix , Steve Copan

__Short Term Delta __**STD** 4 days Matrix Cycle Intra-day **MCI**

__4 weeks Matrix Cycle 0 __**MC0**
Only in Market Matrix

__Intermediate Term Delta __**ITD** 4 lunar months, 118 days Matrix Cycle 1 **MC1** **MC1** - 11 Matrix points

single or double inversion

__Medium Term Delta __**MTD** 1 lunar year Matrix Cycle 2 **MC2** **MC2** - 12 Matrix points

single or double inversion

12 lunar months, 354 days

__Long Term Delta __**LTD** 4 calendar years Matrix Cycle 3 **MC3** **MC3** - 18 Matrix points

only double inversion

1461 days

Matrix Cycle 4

**MC4**
4 year business cycle

**MC4** - 8 Matrix points

never inverts

1461 days

__Super Long Term Delta __**SLTD** 19 calendar years, 5 hours Matrix Cycle 5 **MC5** **MC5** - 16 Matrix points

never inverts

__76.6 calendar years Matrix Cycle 6 __**MC6** **MC6** - 18 Matrix points

only double inversion

There are apparently 89 cycles with the next one having 304 calendar years, so that one can carefully place a Trailing Stop!

It is impossible to copy and paste a word document to this forum.

Sorry for the messy appearance, as I have the original document in a word format.

Basically;

**MC1** corresponds to

** ITD** **MC2** corresponds to

** MTD** **MC3** corresponds to

**LTD ** **MC4** corresponds to

** LTD**
MC5 corresponds to SLTD

Please note that Market Matrix has two different cycles related to a 4 calendar years cycle and Delta has got only one cycle named LTD, one is MC3 with 18 points (if it inverts- there is only a double inversion) and the other is MC4 with 8 points, it never inverts.

MC1/ITD, MC2/MTD are of greatest interest to my style of treading, with the additional two MC3/LTD and MC4/LTD providing some more background information/perspective.

MCI and MC0 are apparently useful for intra day trading, I have tried to experiment with them with not very conclusive results, it is rather a lot of work.

One approach could be to take into computer calculation Frankfurt/London open ( or any other point of time) as a steady point of reference and calculate Matrix points from there for the given TF (4 days or 4 weeks).

The other approach would be to take the the Tide Table on a given spot of the world, and use it as a time grid for these smaller cycles. Sounds a bit voodoo, but tides are certainly related to the lunar month, which is used by delta on the basis that it provides a constant time grid (this is the only reason that lunar month have been chosen as a time grid).

Another "improvement" might be to use computer function to indicate a given point in the future using its position in a given number of previously completed cycles and averaging it.

Anyway, just an idea, currently being worked out.

__PS: Few questions that have been raised by PM;__

*..what is meant by Matrix Points?*
Matrix Points are the points where PA reverses, they are the rotation points, from which PA changes direction.

*The ITD is 11 matrix points*
Delta ITD and other Delta TFs have different number of these rotation/reversal points, eg. Delta count for G/U which has 12 ITD points.

Market Matrix - Steve Copan - have organised these counts differently, with much more rigidity than the Delta approach worked out by Welles Wilder

**... what is meant by single or double inversion?**
Inversion/s can only happen on either side of point 1, or on both sides of point 1 - this applies to every TF.

**Single inversion** - there is only one inversion, either before the point 1, or after the point 1.

That means that an extra point is added to either before point 1, ( eg additional point marked as(11) - last number of MC1, always in brackets ) or after point 1 (additional point marked as (1) - always in brackets).

Single inversion changes the polarity of the new cycle which is starting with the point 1.

Double inversion - there are two inversions, two additional points on both sides of the point 1.

That means that there are two extra points inserted, one extra point inserted before the point 1 , ( eg additional point marked (11) - last number of MC1, always in brackets ) and the other extra point inserted after point 1, (additional point marked as (1) - always in brackets).

Double inversion does not change the polarity of the new cycle starting the the point 1.