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Title: Message
mun,
you see it is very rare that elliot is regarded as a useful strategy in
trading.
i am
not near being good in elliot. but the most, only is better, useful thing might
be, if there is a 3 everyone would agree on that, wait for a 5 that may go
beyond and you can make a guess of its size. still it is not an accepted rule by
an invisible hand to take the market up there : )
so you
can keep it in the corner of your mind but you wouldnt like to see elliot in
your charts..
good
luck
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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