I'm actually referring to a more updated version 5.7. Alphaomega Elliott Waves is a program available through Equis which is developed by Robert Tasse. I bought the most up to date version from Robert at his web site http://www.alphomeg aew.com/, which also was cheaper. Robert will also allow you to download the complete manual without purchasing the program and also allow you to use the free demo version to try out (without credit card). I would suggest you log on to his website and contact Robert if you have any queries. He is only too happy to answer questions, in my experience.
If after trying out the above you still have queries re chart patterns then I will try to help. My experience of Elliott waves as applied to equities is that it is a steep learning curve but a very profitable one if you can identify say the end of a wave 4/beginning of wave five. I struggled with this
for some time (and still do) but have found that the Profitunity indicators that come with Metastock are very helpful (read Bill Williams stuff on Chaos and how to us AO indicator to identify Wave 4), as is the AlphaOmega software. However I have to add that I only became quite proficient and precise at wave identification when I moved up to Metastock Pro and QuoteCentre using smaller timeframes to identify say the end of Wave 4 by looking at say the wave 5 within wave 4 (only possible on 10 min chart).
As I say it is not the Holy Grail as I also use it in combination with Demark signals and Kase indicators.
Hope this helps--- In equismetastock@ yahoogroups. com, Alvin Yu <alvinyu2005@ ...> wrote:
>
> Hi kenwynchurch
> Are u refering the MetaStock Plug-Ins and Add-Ons
AlphOmega Elliott Waves 4.3 from Equis that is good for W3,5 & C per your experience ?
> I am looking for a software that can tell these .Can u share with me on one of the chart patterns using the add-on ?
>
> Looking forwards for this
>
> rgds
>
>
>
>
> ____________ _________ _________ __
> From: kenwynchurch <kenwynchurch@ ...>
> To: equismetastock@ yahoogroups. com
> Sent: Monday, 8 June 2009 8:54:31
> Subject: [EquisMetaStock Group] Re: ELWave Add on for Metastock
>
>
>
>
>
> Can't vouch for the comparison as I've never compared it. My requirements only need to confirm if I am in Elliot wave 3,5 or C so the add on meets my needs. If you
need a general check where you are in the Elliot wave count you should look also at Profitunity signals on Metastock expecially if like me you have the Pro version. The Profitunity system is very accurate at locating Wave 4 in particular.
>
> --- In equismetastock@ yahoogroups. com, Rajiv Vyas <rajiv1@> wrote:
> >
> > Thanks. How good are the counts per se i.e. how do they compare with
> > wave counts of people like Steve Hochberg and Bob Prechter?
> >
> > Thanks,
> >
> > Rajiv
> >
> > On Thu, Jun 4, 2009 at 7:52 AM, kenwynchurch< kenwynchurch@ ...> wrote:
> > >
> > >
> > > --- In equismetastock@ yahoogroups. com, Rajiv Vyas <rajiv1@> wrote:
> > >>
> > >> Has anyone tried ELWave add on for Metastock? What are you opinions?
> > >>
> > >>
Thanks,
> > >>
> > >>
> > >> --
> > >> Rajiv
> > >>
> > > Have tried this for past six months without making a useful trade. It's a
> > > tool but hardly a key one in my arsenal..... .adds an extra layer of
> > > complexity to trading which does not suit everyone..... .my advice...... try
> > > the free demo version before buying the full one. I now use AlphOmega add on
> > > (better value) to confirm Elliott wave count (also available in Demo
> > > version).... .but I never trade on Elliott wave count on its own.
> > >
> > >
> >
> >
> >
> > --
> > Rajiv
> > Sent from Baltimore, Maryland, United States
> >
>
>
>
>
>
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