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I'd also like to thank Clyde for his input on the SwingMachine. I've been
watching the swings on many different markets over the past few weeks and am
impressed with the calls on M and W formations which I hadn't been able to
recognize. It's not always right, but when used with a good software
package, it's able to confirm other indicators (e.g. stochastics and elliot
waves). there is also a Fourier function for wave traders.
I'm still trying to get the hang of the A,B,C,D waves in SwingMachine,
though I think i'm catching on slowly.
Clyde, perhaps you could tell us what the new numbers are in the .ela add
on. I'm seeing numbers such as 23 and 36; numbers which don't appear in your
documentation.
Is the LengthofSwing indicator supposed to be predictive, or is it an
example of previous swings from your own software?
If it is a predictive indicator, what is the correct input number?
Thanks
Dave
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