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For those that are interested, this post contains two ELA files
containing an indicator that will plot full moon phases on a
chart, and an indicator that counts market swings within and
restarts the count at the end of 4 FM quarters (1 lunar year.)
Transfer the ELA with the "transfer all" selection.
After the transfer is complete, look in your indicator
tool box for "Full Moon" and D_Count_?
Apply the Full Moon indicator to the chart by selecting it from the
tool box and making sure that the scaling is set to "screen" and the
subgraph is 1. 4 lines should now appear over the price bars. These
correspond to the full moon.
The D_Count indicator was designed to run on daily
charts, and should be directly applied to subgraph 1. If you are
running a white chart, the indicator will plot the numbers in red.
If you are running a black chart, the indicator numbers will plot in
white.
Regarding the low and high swings of the FM count, if 2 lows in a
row are recorded, the counter assumes that the swing algorithm
missed a swing, and picks up the count with one number added.
Have fun all. :)
Regards,
Walt Downs
CIS Trading
Attachment Converted: "c:\eudora\attach\Fullmoon1.ela"
Attachment Converted: "c:\eudora\attach\D_count.ela"
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