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http://groups.yahoo.com/group/dgl
Don Fisher
Ganntrader@xxxxxxx
http://members.aol.com/ganntrader/
Don is a pretty good guy. He used to post in misc.invest.futures
(otherwise known as the F-date Battle-Bot newsgroup.) and seemed to have
a pretty objective analysis method (similar to Tim Morge). But I have
not been to that group for a year or two. (Several people from this list
were valuable participants and defenders of Truth, but my head exploded
anyway.)
I got the manual several years ago and thought it was of some value. (I
am one of those "dubious" of Gann, Elliot, Fibanacci, etc. but I try to
have an open mind.) With it came Tradestation software. I have never
converted it to .ELAs (it was open code and I had TS3.5) as my
methodology never went in that direction, (although I DO NOT discount it
as viable and maybe will re-access it when I have more time.)
You might go to his website or contact him direct for more info.
I am attaching the INSTRUCT.TXT file that came with the DGL software.
Hope that helps,
Bob Perry
San Jose, CA
February 5, 1996
Greetings,
There are several files which you will find in this zip file, all of which you will need to make the "Dynamic Gann Lines" Indicators work. I would suggest that you unzip into an empty directory like "DGL" or whatever you wish. After you get it unzipped, if you know how to transfer studies into TradeStation you should have not any trouble. For those who have not transferred studies before, it is not as difficult as you think. The directions are in your manual on page 360 of the Easy Language Manual. It's not difficult, just follow the prompts and TradeStation will do the rest. (Sorry for the really brilliant directions, I guess it is a trait that comes over you when you write anything related to directions ..... Have you ever had any computer manual that makes complete sense when you first try to do whatever it is trying to get you to do?)
At any rate, after you get the indicators installed, here's what you will have:
DGL Resist Back 1
DGL Resist Back 2
DGL Resist Far 1
DGL Resist Far 2
DGL Resist Mid 1
DGL Resist Mid 2
DGL Resist Near 1
DGL Resist Near 1
DGL Support Back 1
DGL Support Back 2
DGL Support Far 1
DGL Support Far 2
DGL Support Mid 1
DGL Support Mid 2
DGL Support Near 1
DGL Support Near 1
I had to write two indicators for each time frame because TradeStation will only allow 4 plots for each indicator, therefore the indicators with a 1 has the following: Level 1, Level 2, Level 3, and Level 2 Channel (support or resistance depending what the main is). The indicators with a 2 have Level 4, Level 5, point A, and Point B. The lines will begin to draw at point C.
The numbers generated for the different levels may sometimes be slightly different from your spreadsheet numbers due to rounding that is done while calculating the plots. It is close enough to see what the markets are doing, though. You can access the actual numbers through the "Chart Status" window. Some of the lines may appear to be "wiggly", this is due to holidays, and days where the market was closed. The points will still be ok, because the calculations are based on bars -- not days.
To activate the indicators, it is only necessary to change the values of the inputs for ADATE, BDATE, and CDATE. When you have the inputs entered, the levels will be displayed. You will have to figure out which line is what level due to the fact that I found it was easier to make each time indicator the same color. I tried using different colors for each different level, but it was really confusing. If you want to try that you can change the colors, etc by hitting the "style" button.
If you enter the dates incorrectly, you can get some pretty wild looking lines, so if that happens, just recheck the dates to make sure you are not off by a year, or have transposed the numbers etc. Remember a TradeStation date for February 5, 1996 (today's date) is 960205.
I also found that if the farther time frames generate a line which is really far out of range from the real prices, I just use the "Zoom In" Tool to crop of the unwanted lines.
OK, a few more things: The time frames are: Near ( for closest dates)
Mid ( for mid range dates)
Far ( for farther back dates)
Back ( for the farthest back dates)
I tried to name these to make the best sense and also so they would 'group up' when they were put in with all of the other indicators that I have.
Also, it seems to me that the easiest way to view the lines is to create a separate chart for the support lines and a separate chart for the resistance lines. Again, if you put them on the same page, you have a lot of lines running around which can get confusing in very short order.
Now finally: Obviously as with any other program writer, I cannot assume any responsibility from the operation of, implementation of, or interpretation of any and all of the projections that these indicators may or may not give. They are offered as a gift from me to you. In other words like anything else in life, there is/are no guarantee(s), what you make is up to you!
All of the indicators can be accessed from TradeStation's Power Editor if you want to see the source codes.
Joe M. Miller
Fort Worth, Texas
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