PureBytes Links
Trading Reference Links
|
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Dimitris
Tsokakis
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, June 19, 2004 4:43
AM
Subject: [amibroker] Fw: The Elliot
Waves
The following code will recognize a complete Elliot Wave
[according to <A
href="">http://www.equis.com/Education/TAAZ/?page=53 ]sequence.
The Equis article regarding EW is
an overview of some of the patterns but is certainly not sufficient to
produce a valid count.
X=BarIndex();
p=Param("p",5,5,30,5);z=Zig(C,p);CONDP=PeakBars(C,P)==0;E7=ValueWhen(CONDP,C,1);T7=ValueWhen(CONDP,X,1);E5=ValueWhen(CONDP,C,2);T5=ValueWhen(CONDP,X,2);E3=ValueWhen(CONDP,C,3);T3=ValueWhen(CONDP,X,3);E1=ValueWhen(CONDP,C,4);T1=ValueWhen(CONDP,X,4);CONDT=TroughBars(C,P)==0;E8=ValueWhen(CONDT,C,1);T8=ValueWhen(CONDT,X,1);E6=ValueWhen(CONDT,C,2);T6=ValueWhen(CONDT,X,2);E4=ValueWhen(CONDT,C,3);T4=ValueWhen(CONDT,X,3);E2=ValueWhen(CONDT,C,4);T2=ValueWhen(CONDT,X,4);E0=ValueWhen(CONDT,C,5);T0=ValueWhen(CONDT,X,5);
// EW definitionEW=E5>E3 AND
E3>E1 AND E5>E7 AND E4>E2 AND E2>E0 AND E6>E8 AND T8>T7 AND
CONDT;Plot(C,"C",1,64);Plot(z,"",colorYellow,styleThick);//PlotShapes(shapeDownArrow*CONDP,colorRed);PlotShapes(shapeUpTriangle*EW,colorBlue);//PlotShapes(shapeUpArrow*CONDT,colorBrightGreen);Plot(EW
,"",colorPink,2+styleOwnScale);Filter=EW;// explore for all
quotationsAddColumn(C,"C");GraphXSpace=8;
A blue triangle and a pink bar will indicate the 8th EW
point.
[The signs will be placed in the graph as soon as trough E8
is recognized as a trough. ]
I hope it will give a starting point for further
analysis.
Dimitris Tsokakis
PS1. A 4-year pattern was completed on Oct1998, [p=15,
^NDX], before the big movement
PS2. A 6-year pattern was completed on Sept2001,
[p=15, ^GDAXI]. The expectation [at E5] of an EW behavior
for DAX would be quite profitable.
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Sponsor
ADVERTISEMENT
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/amibroker/
To unsubscribe from this group, send an email to:amibroker-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|