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Updated Andrews Babson ELA



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[Chris sent this to the list last Sunday.  The ELA attachment was too
big to post directly to the list, so I've put it on my ftp site,
referenced below. --jimo@xxxxxxxxxx]

Attached is an ELA file with updated code for linear and log scale versions
of the Andrews Pitchfork indicator.  To see what's new, refer below to my
header notes for this revision as well as for my prior ones.  Once again,
let me thank Gregory Woods for the original code.  Without his generosity
this would not be possible.

Regards,
Chris

____________________________________________________________________________
{ Notes to Chris Cheatham November 11, 2001 3rd revision of Gregory Woods
Andrews pitchfork code
Additions, Deletions, etc.:
1.    Much of code has been rewritten to shrink size, permit more options in
TS4.
2.    Made selected major pitchfork lines thicker.
3.    Expansion codes (BX codes)  have been revised.  X1 and X2 are the same
as before.  X3 now adds expansions
       below main pitchfork.  X4 now adds expansions above main pitchfork.
Added X5 for even bigger expansions below,
       and X6 for even bigger expansions above.
4.   Add  "X4" code for "semi-Schiff" pitchfork.  If you use AX4, A1X4, etc.
the start point will be 1/4 of the AB distance,
       instead of 1/2 for a Schiff pitchfork.
5.   For Babson channels, moved the "handle" to show the origin of the
channel.  For example, using an AB Babson code
      the long handle line will connect A and B, rather than being the
median line previously.

Enjoy,
Chris Cheatham
11/11/01
}

{ Notes to Chris Cheatham July 15, 2001 2nd revision of Gregory Woods
Andrews pitchfork code

Major Additions, Deletions, etc.:
1.    Separate linear scale and log scale versions.
2.    TS2000i compatible.
3.    Only allows 4 pitchforks due to TS4 code size limitations.
4.    Added code to make Schiff offset starting point for pitchfork.  To do
this, instead of using "A"
       or "A1", etc. use "AX3", "A1X3".
5.    Added code so as not to require capital letters.
6.    Added inputs for colors.
7.    Deleted "AB" and "AC" line segments.
8.    Added Shoulder Pattern  code.  Think of this as the opposite of the
Schiff offset.  If you use "AX1",
       "A1X1", etc. the pitchfork angles will be shifted such that the 1/4
divider line comes out of the starting
       point, rather than the median line. (the median (middle) line is the
1/2 divider.)
9.    Added steeper Shoulder Pattern code..  Sometimes shifting from a basic
pitchfork (A, B, C)  to  X1
       code (AX1, B, C) still does not create a steep enough angle to fit
market activity.  If you use
       "AX2, B, C", the angles will be shifted such that a theoretical 1/8
divider line comes from the "A" point,
        instead of the 1/4 divider in the case of "AX1, B, C".
11.  Added code for subdivision lines.   If you add "X1" to the "B" code, as
in" BX1" additional divider
        lines will be drawn at the midpoint of the other lines.
12.  Added code for expansion lines.   "BX2", instead of "BX1" adds
addtional lines outside of the existing
       pitchfork, instead of inside for "X1" code.
13.  Added code for wider expansion lines.   "BX3", instead of "BX2" moves
the expansion lines further out
        than "BX2".
14.  Added "CX" codes.  The idea of "CX" codes is to permit you to
anticipate the "C" point based on
        knowing the median line (1/2 divider) , the 1/4 divider line or the
3/4 divider line.  "CX2" causes the
        pitchfork to be drawn in such a way that the "CX2" point is the
median line, rather than the "C" pitchfork
        line.  Likewise, a point you label "CX1" will be the 1/4 divider
line, and the remainder of the pitchfork
        will be drawn accordingly.  A point you label "CX3" will be the 3/4
divider line.  These codes can be
        combined with the various "A" codes for pitchfork variations also.
15.   Added code to also draw Babson channels.  If you use "AB, B, C" a line
will be drawn from "A" to "B",
         with corresponding parallel Babson  channel lines drawn
accordingly.  Likewise, if you use "AC, B, C"
         a line will be drawn from "A" to "C", with  corresponding parallel
lines.  Remember that the "C" point
         must ALWAYS come after the "A" and "B" points for all tools.
Either "A" or "B" points may come first.
16.    Hint for ease of use:  Buy a windows macro program such as macro
express (macros.com, about $30)
         write some simple little keystroke macros like 1. typing the A,B,C,
A1,B1,C1, etc. on the chart, and 2.
         automatically refreshing ( turn status off and on again).  MUCH
more efficient.

Many thanks to Gregory Woods for his outstanding original code.

Regards,
Chris Cheatham

The ELA can be found at:
ftp://ftp.eskimo.com/u/j/jimo/andb1101.ela