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How do you create a chart in metastock for this :-
"a 5/35 Oscillator and 80% bands"
--- In equismetastock@xxxxxxxxxxxxxxx, Adrian Pitt <apitt@xxxx> wrote:
> Hi Henry,
>
> The formula for determining the XTL is proprietary to Trading
Techniques
> Inc. No one up to this point has ever revealed it publicly, and
after
> Henry's definition, that still remains the case. Whoever informed
you
> of this method of determining the XTL is so far out of the ball
park its
> not funny. It has absolutely nothing to do with the XTL and that
is a
> fact from Tom Joseph himself. I strongly object to people
disseminating
> information they think to be true without ever checking first to
see if
> what they have been told is correct.
>
> Regards,
> Adrian Pitt
>
> PS the attached chart has a 35 period XTl with a 5/35 Oscillator
and 80%
> bands. This will give a signal SOONER than the default 100%. And
yet
> notice the bars changed colour BEFORE the bands were exceeded. Hope
> this avoids people heading down a path of non truth.
>
> -----Original Message-----
> From: Henry Z Kaczmarczyk [mailto:henry1224@x...]
> Sent: Tuesday, 21 October 2003 10:58 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Manohohman and Claud
>
>
> The XTL is based on the 5 35 osc, if the osc is greater than 0 and
> the osc is greater than the strength band the XTL is blue.
> If the OSC is below 0 and the osc is below the strength band the
XTL
> is red
> --- In equismetastock@xxxxxxxxxxxxxxx, Claud Baruch <claudb@xxxx>
> wrote:
> > This is from an email I received in June, 2000.
> >
> > Somewhere on the Advanced GET site there is (or used to be,) a
> > downloadable
> > e-book by Tom Joseph explaining GET's interpretation of the
> elliott osc
> > in more
> > detail.
> > Most of GET's elliott analysis is simply based on this osc (which
> is
> > based on a simple moving average of the average price, btw & thus
> > differs from a typical
> > MACD formula) & fib analysis and can be analyzed in Metastock
> (albeit
> > manually)
> > BTW, while GET offers a more proprietary variable ("PTI") for
> predicting
> > 5th wave failures, their original method (which they term "red,
> green &
> > blue channels") comes very close & can also be calculated fairly
> easily
> > in MS...
> > there's a full explanation in the archives in the Advanced GET
> egroup
> > but (as I
> > recall) it's based on calculating a simple moving average. with
the
> > periods being the number of bars between wave 2 & wave 3. The
> other two
> > "channels" are calculated using values of .68* this number and
> 1.382*
> > this number. As long as price stays above the most extreme of
these
> > lines in wave 4, wave 5 will "likely"
> > exceed wave 3. The standard projection of wave 5 is a distance
> equal to
> > the difference between the start of wave 1 and the end of wave 3,
> added
> > onto the low of wave 4 (or subtracted from the high of Wave 4 for
> a wave
> > 5 down).
> > Other proprietary techniques in GET can also be approximated in
> > Metastock.
> > Their "elipse" variable is based on a fib relationship from two
> price
> > extremes, measure in both price and time.
> > Their "MOB" (Make or Break) tool seems to be a Gann calculation
> and can
> > be roughly approximated by using the Gann Fan tool in Metastock
> from two
> > extreme prices.
> > Their "XTL" variable closely follows a standard indicator which
is
> a
> > variation of
> > CCI.
> >
> > Claud
> >
> > murusprimus wrote:
> >
> > > Thank you both for responding to my post. Looking forward to
> reading
> > > the information Claud. Wallace.
> > >
> > >
> > >
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> > > To unsubscribe from this group, send an email to:
> > > equismetastock-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
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