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Bob Hunt wrote:
> Below is the formula that Rory Lewellen referred to in his recent post
> on
> Directional Turning Points (BTW, nice post Rory!). This is a
> Metastock
> indicator that Eddie Kwong has posted at the Realtraders web site. I
> know if
> Eddie uses it, there must be some credibility to it!
>
> Unfortunately, I am not a Metastock user. Can anyone supply Easy
> Language code
> for this puppy, or at least put it into normalspeak terms so that I
> can code it
> myself?
>
> Thanks in advance,
> Bob Hunt
>
> ********************************************************************
>
> Formula name: GRII
>
> This is a long formula so I broke it up into four pieces. GRII is
> derived from
> formulas 1, 2, and 3.
>
> This is a nifty momentum oscillator that I've used for about five
> years to help
> me determine the
> direction of a given market when I have evidence that the market is
> about to
> turn.
>
> 1 GRIIF1 tsf(C,9)-ref(tsf(C,9),-1)
>
> 2 GRIIF2 (ref(tsf(C,9),-1)-(ref(tsf(C,9),-2)))
>
> 3 GRIIF3 (ref(tsf(C,9),-2)-(ref(tsf(C,9),-3)))
>
> 4 GRII
> (tsf(C
> 9)-ref(tsf(C,9),-1))+((ref(tsf(C,9),-1)-ref(tsf(C,9),-2)))+((ref(tsf
> (C,9),-2)-(ref(tsf(C,9),-3))))
To all:
Has anyone converted this to Easy Language (Trade Station) yet? Also
has anyone received information from the "Market Timing Group" in
Dallas, TX? Steve Kelson sells formulas that help predict market
turning points in advance. Does anyone in the group use any of Brad
Cowen's materials for computing market geometry?
--Stuart
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