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Elliot Waves--plug-in--okay. I haven't used the plug-in, but here's
my experience with waves of all kinds. They don't work. You're
wasting your time. There has never been a study published yet that
shows that Elliot waves produce anythng but mediocre returns.
For the those who love waves, instead of bad mouthing what I'm
saying, produce a study from one major systems developer whose work
is published, that says that E waves or Gann or Murry Math or
whatever gets the job done. Just one real, unbiased study from
someone who actually develops systems for a living.
You will spend countless amounts of money and time even trying to pin
down what an Elliot wave system is. When you get poor results, you'll
be told you just don't understand how the system works. Well, that's
your first clue. If you can't understand it in ten minutes or less
you shouldn't be using it.
The big banks have spent multi-millions looking at every trading
system you can think of including waves, AI, all kinds of statistical
models, etc. You don't see any of them using anything close to E
Waves. On almost all trading screens you'll find MA's, not E waves.
However, all Equis plug-ins come with a 30 day, no questions asked,
money back guarantee. They honor it everytime. So you have nothing to
lose except your time.
--- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1" <rvalue1@xxxx> wrote:
>
>
> There was only one e-mail posted on this subject and I appreciate
the
> input. Could anyone else using Aphomega Ellioo waves comment on its
> usefulness as a metastock plug-in? Really could use the feedback
from
> this forum. Appreciate your time to send me your thoughts. Also
> interested in buying used copy from someone who might have tired of
> it or found it not so good. Looking for version 5.0 for Metastock
> 8.01. Thanks for your input..
> --- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1" <rvalue1@xxxx>
wrote:
> >
> >
> > I checked out older archives on Elliott waves plug-in and looked
up
> > Aphomega site as they have the only Metastock certified software
> for
> > Elliott waves for metastock. Can someone who purchased it tell me
> if
> > they like what they see and how accurate it might be for higher
> > volumes and index trades? I heard that advanced GET was pretty
> darned
> > good with its Elliott waves and PTI/ prediction for the 5th wave
vs
> a
> > double top.. I am not too keen to spend $2.5K on advanced GET as
> of
> > yet..
> > Also would like to know if it has an exploration to look for good
> > correlated stocks that have decent volumes that are ready for the
> 5th
> > wave..
> >
> > Would appreciate some serious feedback..
> >
> > Rvalue1
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