|
PureBytes Links
Trading Reference Links
|
Tommaso,
You may be right about the swings being only vertical.......I was just
making
an observation on the method (as I understand it) of using his "HiLo"
indicator
with what he calls "Gann-Swing" method. The HiLo is a simple 3 day average
of the high or low depending on the market direction, and my testing shows
that this would be better used in a trending market only. Don't
misunderstand
me, I am not degrading Krausz or his methods, In fact.....since I have
started
using this "Expert Advisor", my trading has improved! But, I don't follow
these
signals blindly nor do I take every signal generated. I believe the first
step in
improving a system is know its weaknesses, so my next project is to try to
create an expert that will identify all three market conditions and alter
the
signals accordingly.
Best wishes,
Adam Hefner.
VonHef@xxxxxxxxxxxxx
---------------------------------------
----- Original Message -----
From: Tommaso Galanti <galantit@xxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, May 05, 1999 6:40 PM
Subject: R: Support or Resistance Penatration question
> Adam,
> I believe that, in principle, Mr Krausz's assumptions are consistent with
> working in a swing scenario: swings are 'vertical' moves and trading
ranges
> are just parts of them; you trade according to the global swing rules and
> not to a part of it.
> On the other end (practical), Mr Krausz claims in his web site
> (www.fibonaccitrader.com) to have recently added to his sw some indicators
> that measure the trendiness of the market, based on Mr. William Blau's
> works.
>
> Greetings
>
> Tommaso Galanti
>
> -----Messaggio originale-----
> Da: VonHef <VonHef@xxxxxxxxxxxxx>
> A: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Data: luned́ 3 maggio 1999 20.59
> Oggetto: Re: Support or Resistance Penatration question
>
>
> > Mark,
> >Thanks for the reply. Actually you are dealing with the exact scenario I
am
> >asking
> >about. I have been analyzing the "Gann-Swing" method that has been posted
> to
> >the list.......there are many things I like about it, but one thing I
don't
> <snip>
>
|