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Simply
plot a 5/35 Price Oscillator. Not sure on the bands though.That is way
more complex.
<BLOCKQUOTE
>
<FONT
face=Tahoma size=2>-----Original Message-----From: dazzleer1971
[mailto:darren_wood@xxxxxxxx] Sent: Wednesday, 22 October 2003 1:09
AMTo: equismetastock@xxxxxxxxxxxxxxxSubject:
[EquisMetaStock Group] Re: Manohohman and ClaudHow 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@xxxx] > 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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