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Yes indeed sounds like something I could use as well thanks Bryant. Maybe
one of the people on the list will give that idea a shot.
Robert
At 12:34 AM 6/30/00 -0400, Bryant Tharp wrote:
>Robert
>
>I guess I need to expand this idea .Along the lines of your comment
>attributed to
>George Lane , assume that a high to low swing is a representation of a
>cycle that
>is being played out in a market at that time . To capture that cycle an
>oscillator
>would need to be set to 1/2 the number of bars from high to low . Now in
>fact the
>market changes the cycles that it goes through takes half cycles all
>at various
>lengths all the time .
>My idea is that if an oscillator was able to be imputed on a running basis
>with the
>1/2 the length of the most recent swing high to low or an average of the most
>recent ones . It may represent a truer picture of where the market was in
>terms of
>overbought and oversold .
>Making it self adjusting by a constant measuring of the number of bars
>between the
>high low swings and imputing 1/2 that as its length . It maybe of no value
>but the
>idea
>might have occured to others and it would be interesting to see if it
>could in fact
>be coded . There was something a long time ago on this forum concerning
>using one
>indicator as an imput for another but that was a while back and I do not
>have it
>anymore. I hope I explained it more clearly this time
>Thanks
>Bryant Tharp
>robert.cummings@xxxxxxxxxxxxxxxx wrote:
>
> > Good nite this is a real mind twister Bryant. I use to have thoughts like
> > this and also found it hard to explain. We got guys on here that can
> > program their ice maker to count ice cubes in EL. But you got to give them
> > a better explanation of what your trying to do here.
> >
> > Robert
> >
> > At 11:08 PM 6/29/00 -0400, Bryant Tharp wrote:
> >
> > > > I have thiught it may be worthwhile to create a code that measured the
> > > swing high to swing low in bars and use it as an imput to an oscillator
> > > such as Stoch on a self adjusting basis . How to code this I would not
> > > know , though it is on my list of things to try .Whether it would take an
> > > average of the past couple swing highs and low might make it more robust
> > > or if there would be any
> > > > advantage in that I am not sure . For those of you that are more
> > > proficient at code writing than I am , it may prove an easier task and
> > > worthwhile ..If someone takes this to task remember some of us are still
> > > putting along with TS4 .
> > >
> > >Bryant Tharp
> > >
> > >
> > > >
> > > >
> > > > Subject: Re: CL_Once in a while....
> > > > Date: Thu, 29 Jun 2000 21:46:31 +0200
> > > > From: "ted stampeen" <tedco@xxxxxxxxxxxxxxxx>
> > > > To: "Howard Jackson" <hrjf4@xxxxxxxxx>, "Omega List"
> > > <omega-list@xxxxxxxxxx>
> > > >
> > > > also, according George Lane,you want to input the value in half, of
> > > > whatever time frame your trading, like Howard said, you don't want
> to just
> > > > go buying/selling on it alone, but used with other stuff, and what
> you know
> > > > and are comfortable with, one can make it work.
> > > >
> > > > and lets hope who ever does find the crystal ball keeps it to
> themselves..
> > > > wouldn't be any fun being right all the time, and I wouldn't be able to
> > > love
> > > > my losers.
> > > >
> > > > goodtrading / Ted
> > > >
> > > >
> ------------------------------------------------------------------------
> > > >
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