|
PureBytes Links
Trading Reference Links
|
Clyde,
I think I understand you to say that the indicator values plotted for each
period do not in any way correlate to the prices for each period? So I
assume that the plotted indicator values provide information regarding the
status of the various cycles as they exist on the last period plotted? I'm
interested in learning more but I haven't a clue as to regarding the
information content of the two plots FourLine and FourPeriod. Do the various
amplitudes in FourLine represent varying cycles present as of the last
period being examined and the FourPeriod the length of that cycle? An
example of how the two are used would go a long way in aiding my
understanding.
Earl
-----Original Message-----
From: Clyde Lee <clydelee@xxxxxxx>
To: Earl Adamy <eadamy@xxxxxxxxxx>
Cc: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, February 09, 1998 7:33 PM
Subject: Re: Mesa / Cycles
>Earl,
>
>The display you reference has NOTHING to do with time.
>
>As I mentioned in the notes with the routines it is necessary
>to use the DATA window to obtain the information that is
>represented in this display.
>
>This display represents the AMPLITUDE of the cyclic
>component which has a period equal to the FREQ plot
>associated with the display.
>
>This simply tells us what STABLE cyclic elements exist
>over the ENTIRE time period you select to analyze.
>
>Clyde Lee
>
>Earl Adamy wrote:
>
>> Clyde,
>>
>> fourmisc.gif which accompanied the code. What I don't understand is what
I'm
>> looking at - there doesn't seem to be obvious visual correlation with the
>> price peaks and valleys so there must be some information content which
is
>> not obvious (at least to me). Since you've been kind enough to provide us
>> with the code, could you provide a brief synopsis of what the amplitude
and
>> period indicators plotted on fourmisc.gif are telling us during the 5+
month
>> period covered by the amplitude plot?
>>
>> Earl Adamy
>
>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>Clyde Lee Chairman/CEO (Home of SwingMachine)
>SYTECH Corporation email: <clydelee@xxxxxxx>
>7910 Westglen, Suite 105 Work: (713) 783-9540
>Houston, TX 77063 Fax: (713) 783-1092
>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>
>
|