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"Person who was teaching it claimed >70% acuracy and low risk, high
reward strategy" - well, if it is so good a strategy and you are so keen on using it on MS, may I suggest that you hire an MS programmer, who will charge circa $60 per hour, and ask them to program a dll. or something for you.
It may be an expensive option, but if you are so confident on the strategy at least you'll have a competitive advantage over the rest of us!
Eduardo.
rvalue1 <rvalue1@xxxxxxxxx> wrote:
Person who was teaching it claimed >70% acuracy and low risk, high
reward strategy - he was using it for FX but has used it in other
markets before. ProfitSource software has a Gartley pattern feature
built into it and it can do explorations for GP. Wish Metastock had
it.. Is anybody listening??!!
--- In equismetastock@xxxxxxxxxxxxxxx, Eduardo Gontan Pulgarin
<con051204@xxx> wrote:
>
> I'm not sure that anybody has programmed that pattern into MS - I
haven't found anything on the web.
> There is specialised software on this and other patterns, e-
signal being an example; also, visit http://www.harmonictrader.com
and see.
> I suppose that it could be done in MS, but how accurate the
pattern is, that's another matter.
>
> Eduardo.
>
> rvalue1 <rvalue1@xxx> wrote:
> Thanks for the input. I was looking for a software
exploration for
> the gartley pattern. One could possibly use the John Murphy Chart
> Pattern Recognition software add on for dbl bottoms and see if its
> close. I think the Gartley pattern entry is actually around the
> Fibonacci 0.78 level of the initial wave, before it turns back up
> for the dbl bottom, and I was wondering if anyone had a software
> exploration for that.
> --- In equismetastock@xxxxxxxxxxxxxxx, "Athena Research"
> <athena.investments@> wrote:
> >
> > Hi rvalue1,
> >
> > Gartley Pattern is similar to Double Bottom pattern. It seems
> Gartley advised to enter long at the second bottom but ideally the
> long entry should be done after nech line is broken.
> >
> > Gartley pattern can be used for finding setups and wait for
> neckline to be broken for entry.
> >
> >
> >
> >
> > Thanks and Regards,
> > Amit Trivedi
> > President & CEO
> > Athenasolutionz.com - "We sell hope, in the stock market."
> >
> > ----- Original Message -----
> > From: rvalue1
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Sent: Sunday, October 01, 2006 5:30 PM
> > Subject: [EquisMetaStock Group] Gartley Pattern
> >
> >
> > I would appreciate any help from our group in showing me how one
> could
> > explore for a Gartley Pattern using Metastock.
> >
> > Thanks,
> >
> >
> >
> >
> >
> > [Non-text portions of this message have been removed]
> >
>
>
>
>
>
>
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