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RTers,
Anyone who is interested may download a copy of the Dynamic
Time Projection indicator from :-
http://home.mira.net/~schong/dyntime/dyntime.zip
Attached is a gif of how it looks like on the Aussie market.
The indicator employs a very common and well known timing
algorithm.
I have another indicator which I call Dynamic Time Modeller
which allows any time cycles to be projected from any pivots whether
it's adjacent or alternate pivots, past or forward. I will post this
indicator to the forum in due course. This indicator allows
any timing model to be built.
This indicator takes all combinations of top to top and
bottom to bottom pivots as determined by the QTime and QPrice
parameter and projects them using a ratio of 1.618 and 2.618
forward. The ratios are fully customisable and weightable but
I won't get into it now.
All pivots that has at least QTime bars to the left and right
of it and have at least QPrice points or percentage(if less than
1) would qualify as a valid pivot.
To use calendar days mode specify CalrType=2, any other value is
interpreted as trading bars.
Let all other values to default. To look at the forward
predictions you are required to padd dummy bars into your data.
Make sure the dummy bars have negative volumes and negative open
interest. The indicator need these values to properly recognise
the real end of bar as it is has been written to work with an
automatic Data Extender to overcome the restriction of TS not being
able to plot forward. Failure to put in the negative values will
result in the incorrect build of the swing pivot table.
A brief descriptions of the other inputs :-
Project :- How many bars to project from the last pivot
BarOrPvt:- Control the units used by MinBar, Maxbars and MaxBack
as either number of bars or number of pivots
MaxBacks:- Maxmimum number of bars/pivots to look back. A value
of -1 means use all available data.
MinBars :- Minimum number of bars/pivots between two pivots
MaxBars :- Maximum number of bars/pivots between two pivots. A
value of -1 means no restrictions within the context
of MaxBacks.
Download instructions :-
1. Unzip DynTime.zip into your local drive
2. Copy fwdbars.dll and dyntime.dll to your TS "\omega\prog" directory
3 Transfer the Dynamic Time Count from the DynTime.Ela archive file
into TS
4. Insert the indicator and don't forget to padd your data out.
Clement
Attachment Converted: "c:\eudora\attach\CAP3.gif"
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