|
PureBytes Links
Trading Reference Links
|
Andrew, liked the picture, currently reading j m hursts book along
with brian millards. Im new to metastock so Ihope yuo dont mind the
question. Did you use inbuilt indicators or build your own. Ive almost
completed a channel indicator described by millard, keeping the
channel depths constant. Hope ypu dont mind.
Regards Robert
--- In equismetastock@xxxxxxxxxxxxxxx, "Andrew Tomlinson"
<andrew_tomlinson@xxxx> wrote:
> Eric
>
> The cycle lines just work as a mechanical tool to aid recording observed
> cycles in the data. So you eyeball the data, input the frequency in
bars and
> then adjust the horizontal shift to optimize the phase. Overlay another
> cycle line in the same inner window or the next one, etc.
>
> I have uploaded a jpg called "Cycle illustration" just to show how
the tool
> can be used as part of a current cycle analysis for the S&P 500. That
> analysis called the timing and extent of the move of the last 10
days. The
> cycle lines used are 20 days (the dominant intermediate cycle) and
two 110
> day cycles with different phasing (if you eyeball the data there are
> alternating lows every two and three months).
>
> Note that for cycle analysis you need to shift the moving averages and
> envelopes back by a half cycle.
>
> When the market isn't moving cyclically (e.g. November breakout)
this method
> doesn't work.
>
> If you want to get into cycles, pick up a copy of J M Hurst, the
Magic of
> Stock Transaction Timing. He sorted all this out in 1970, except he was
> doing most of it by hand. Most chart patterns can be described as cycle
> combinations.
>
> Happy trading
> Andrew
>
>
> -----Original Message-----
> From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of chichungchoi
> Sent: Tuesday, May 03, 2005 10:10 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] How to apply the market cycle?
>
>
> Does anyone know how to apply market cycle properly? Please see the
> following image.
> http://www.advantage.online.pl/FREE/cycles.gif
>
> Does anyone know any related materials explaining about this issue?
Thank
> you Eric
>
>
>
>
>
>
>
> Yahoo! Groups Links
------------------------ Yahoo! Groups Sponsor --------------------~-->
Has someone you know been affected by illness or disease?
Network for Good is THE place to support health awareness efforts!
http://us.click.yahoo.com/Rcy2bD/UOnJAA/cosFAA/BefplB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|
