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Isn't there an error in the function for the posted ela code for the PLdot?
According to the definition the in Futures rag "The formula for the PLdot
is the average of the high, low and close of the last three bars and is
plotted as a dot or line on the fourth subsequent bar". The previously
attached PLDOT.ela calculates starting with the current bar and the two
previous bars and plots on the current bar rather than as defined.
BobR
At 07:24 AM 6/9/1999 -0400, The Omega Man wrote:
>
>As I understand the way Hearne and Drummond have this course set up, you
>need not purchase all the lessons at once. So why not purchase the first 5
>lessons and give it a try! If you don't like it, what are you out? A
>whopping $600? Big deal.
>
>I assume that you have seen their web site (www.tedtick.com) and that you
>saw the article by Hearne in the June issue of Futures magazine. Hearne
>will have more articles on Drummond Geometry in upcoming issues of Futures
>so you might want to read those to help you decide about buying more course
>lessons. But I'd still buy the first one right away if you're interested!
>
>Attached is the PLDot indicator described in Hearne's article... A little
>double-smoothed average "with a twist". His most interesting concept with
>this little indicator is that it linearizes price movements. Straight up,
>then straight down. Does it do that? If not, what would?
>
>
>All the best,
>
>The Omega Man
>
>
>
>----- Original Message -----
>From: Jose Ramon Diaz Serrano <jrdiaz@xxxxxxxxxxxx>
>To: <omega-list@xxxxxxxxxx>
>Sent: Wednesday, June 09, 1999 7:03 AM
>Subject: Drummond geometry
>
>
>> Hi traders,
>> I have received the demo Cd of Drummond Geometry Theory and it seems to
>> be interesting (as well as different). I would like to know if someone
>> has experienced with further lessons of the course (demo version just
>> include the first one) and can give to the list any comments of the
>> course and share opinions. Thanks and happy trading
>>
>>
>
>Attachment Converted: "c:\valet\eudora\attach\PLDOT.ELA"
>
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