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Yo Ed,
Why not post it here, and we'll have a go?
JW
At 21:14 04.10.2000 +0800, you wrote:
>Hi Jan,
>Thanks for the reply. In fact, I happen to have obtained a formula of C&H
>(in easy language I suppose) for Superchart though it is not working
>perfectly. My question now would be if it is possible to translate such
>SuperChart formula into MetaStock formula.
>
>Ed
>
>
>----- Original Message -----
>From: J.W.E. Roberts <jan.roberts@xxxxxxxxxxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Wednesday, October 04, 2000 6:04 PM
>Subject: Re: Cup & Handle
>
>
> > Hi Ed,
> > >where I can get hold of the formula of C&H for MetaStock?
> > There is no such formula or indicator in MS :-(
> > Cup & Handle may be defined as a rounding bottom with a subsequent
>pullback to the 'rim' of the cup. Imho MetaStock is inherently unable to
>detect rounding patterns. It can detect - with restrictions - most patterns
>that spike, so to say; eg. spikes, double tops, head & shoulders (maybe).
>The reason is that all 'patterns' in MS are derived from the ZigZag function
>in one way or another.
> > It is a sad fact that classical programs cannot detect the simlest
>patterns that the primate eye+brain recognize at a glance. This is the
>reason why artificial intelligence has always aroused so much interest,
>pattern recognition being the biggest subject in neural nets.
> > So, in order to find them saucers or cups & maybe afterwards the enriching
>tea-melange using metastock the only way is visual chart inspection. A
>certain pre-selection is possible by looking for equities that are
>congesting and/or have a low value of ADX or some other trading/trending
>indicator.
> > Hope this helps & happy trading,
> > Jan Willem
> >
> > At 14:14 03.10.2000 +0800, you wrote:
> > >Does any one knows where I can get hold of the formula of C&H for
>MetaStock?
> > >
> > >Thanks in advance.
> > >
> > >Ed
> >
> >
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