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I received some info. regarding gann software and the leaflet
mentioned that Gann believed in the fact that time turns trend. My
metastock formula knowledge is limited in comparison with what I
have seen on the discussion site, however I quickly drafted the
following formula which seems to be very good at following trends
with some good timing signals. I would welcome the comments of the
more experienced members of the group and their expert opinion on
the formula.
NB The number 2 in the formula can be changed to any
number up to 8 with good results.
BUY:-
myvar:=3;When(TroughBars(1,C,myvar)*2,=,PeakBars(1,C,myvar)) AND When
(PeakBars(1,C,myvar),>,TroughBars(1,C,myvar))
SELL:-
myvar:=3;When(PeakBars(1,C,myvar)*2,=,TroughBars(1,C,myvar)) AND When
(PeakBars(1,C,myvar),<,TroughBars(1,C,myvar))
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