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Thanks for this great indicator code, Jose.
I've never made so much money from a single indicator. It's amazing.
I told you I wouldn't tell anyone how to read this, and I won't.
However, the market is definitely in a Wave 5 right now. That means
one of three things: the market is going to go up, it's going to go
down or it's going into Wave 6.
This is going to make me so, so, so rich!
Great job.
--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@xxxx>
wrote:
>
> Mun Wai, I've had to stop trading the Elliot Wave technique due to a
> lack of brokers that allow hindsight-trading.
>
> Perhaps Superfragalist would be kind enough to add a few pointers
> about this perpetual subject.
>
>
> jose '-)
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, mwtang <mwtang@xxxx> wrote:
> > Dear Jose,
> > I had installed Elliott Wave Metastock code , But I
> > still don't know how to apply it to the market. Could you please
> > explain how to apply it to the market ? Thank you !
> >
> > Mun Wai.
> >
> >
> > ----- Original Message -----
> > From: "Jose" <josesilva22@xxxx>
> > To: <equismetastock@xxxxxxxxxxxxxxx>
> > Sent: Thursday, December 30, 2004 1:25 AM
> > Subject: [EquisMetaStock Group] Elliot Wave MetaStock code
> >
> >
> > This Elliot argument has been thrashed around since the dawn of
> > time.
> > It's unlikely to be resolved here, but the fact is, Elliot Waves can
> > and do generate wealth.
> > Here is an actual example:
> >
> > "The two-day Beginner Elliot Wave class costs just $1499, and you
> > keep the entire 10-DVD set!
> > The 2-day Intermediate course costs just $2999."
> > The 2-day Advanced course needs a password login to view the cost.
> >
> >
> > Now, after years of staring at charts to the point of becoming
> > delusional, I am ready to divulge the complete Elliot Wave MetaStock
> > code, here, for free.
> >
> >
> > Normally $129, now exclusively free:
> >
> > ===========
> > Elliot Wave
> > ===========
> > ---8<-------------
> > { ©Copyright 2004~2005 Jose Silva
> > The grant of this license is for personal use
> > only - no resale or repackaging allowed.
> > All code remains the property of Jose Silva.
> > http://users.bigpond.com/prominex/pegasus.htm }
> >
> > { User input }
> > pr:=Input("Elliot Wave minimum % move",
> > .001,100,2);
> >
> > { Beginner Elliot Wave stuff }
> > EWpk:=PeakBars(1,H,pr)=0;
> > EWtr:=TroughBars(1,L,pr)=0;
> >
> > { Intermediate Elliot Wave stuff }
> > zz:=Zig(C,pr,%);
> > zzHi:=Zig(H,pr,%);
> > zzLo:=Zig(L,pr,%);
> > avg:=(zzHi+zzLo)/2;
> >
> > { Advanced Elliot Wave stuff }
> > RetroSuccessSecret:=If(EWpk,zzHi,
> > If(EWtr,zzLo,If(avg>Ref(avg,-1),H,L)));
> > EW:=Zig(RetroSuccessSecret,pr,%);
> >
> > { Plot on price chart }
> > EW
> > ---8<-------------
> >
> >
> > Normally $129, now exclusively free:
> >
> > =================
> > Elliot Wave Count
> > =================
> > ---8<-------------
> > { ©Copyright 2004~2005 Jose Silva
> > The grant of this license is for personal use
> > only - no resale or repackaging allowed.
> > All code remains the property of Jose Silva.
> > http://users.bigpond.com/prominex/pegasus.htm }
> >
> > { User input }
> > pr:=Input("Elliot Wave minimum % move",
> > .001,100,2);
> >
> > { Beginner Elliot Wave stuff }
> > EWpk:=PeakBars(1,H,pr)=0;
> > EWtr:=TroughBars(1,L,pr)=0;
> >
> > { Forget Intermediate, jump to Advanced Elliot Wave stuff }
> > EWcount:=Cum((EWpk+EWtr)/2);
> >
> > { Plot on own window }
> > EWcount
> > ---8<-------------
> >
> >
> > Normally $(login here), now exclusively free:
> >
> > ===================
> > Elliot Wave Signals
> > ===================
> > ---8<--------------
> > { ©Copyright 2004~2005 Jose Silva
> > The grant of this license is for personal use
> > only - no resale or repackaging allowed.
> > All code remains the property of Jose Silva.
> > http://users.bigpond.com/prominex/pegasus.htm }
> >
> > { User input }
> > pr:=Input("Elliot Wave minimum % move",
> > .001,100,2);
> >
> > { Elliot Wave engine }
> > EWpk:=PeakBars(1,H,pr)=0;
> > EWtr:=TroughBars(1,L,pr)=0;
> >
> > zz:=Zig(C,pr,%);
> > zzHi:=Zig(H,pr,%);
> > zzLo:=Zig(L,pr,%);
> > avg:=(zzHi+zzLo)/2;
> >
> > RetroSuccessSecret:=If(EWpk,zzHi,
> > If(EWtr,zzLo,If(avg>Ref(avg,-1),H,L)));
> > EW:=Zig(RetroSuccessSecret,pr,%);
> >
> > { Buy/Sell Elliot Wave stuff }
> > EWbuy:=TroughBars(1,EW,pr)=0;
> > EWsell:=PeakBars(1,EW,pr)=0;
> >
> > { Plot on own window }
> > EWbuy-EWsell
> > ---8<--------------
> >
> >
> > Normally $(login here), now exclusively free:
> >
> > AIT method - Advanced Impulsive Trading method:
> > Buy when Elliot Wave Signals = 1;
> > Sell when Elliot Wave Signals = -1.
> >
> > ACT method - Advanced Corrective Trading method:
> > Look for freshly-plotted EW troughs, buy in retrospect;
> > Look for freshly-plotted EW peaks, sell in retrospect.
> >
> >
> > jose '-)
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