Hey @MartialChartsFX,
In a way, I’m just applying your theoretical chart to real time, mate. This chart of yours here 
I’ll make several adjustments to my chart to make it closer to yours to illustrate.
First, I’ll adjust the SMAs with some negative offset to get rid of the lag and align the peaks and troughs:
Now I’ll change the SMAs to ZigZags to connect the peaks and troughs:
The red SMA / ZigZag (what I call 4H cycle) on my chart is equivalent to the red lower time frame on yours. The yellow SMA / ZigZag (what I call Daily cycle) is equivalent to your blue higher time frame. And I have an additional blue SMA / ZigZag (what I call Intermediate / Weekly cycle) that’s an even higher time frame (larger cycle) than my yellow cycle / your blue time frame.
Hopefully it’s easier to see when I hide the candles / bars:
The difference is I’m applying cycles theory and using SMAs (instead of ZigZags) to track the different cycles. Cycles theory also makes it easier to see and define the fractal / multi timeframe structure all in one chart, in my opinion.
Hope this was clear.
