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<DIV><FONT color=#000000 size=2>Hello fellow traders,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Check out the Paratechnics forex trading model
at <A
href="http://www.paratechnics.pair.com";>www.paratechnics.pair.com</A> </FONT></DIV>
<DIV><FONT color=#000000 size=2>I have been professionally trading forex for the
last ten years and use this model every day. </FONT></DIV>
<DIV><FONT color=#000000 size=2>If you have any feedback or comments, please let
me know.</FONT></DIV>
<DIV><FONT color=#000000 size=2><BR>Mark Oliver</FONT></DIV></DIV>
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</x-html>From ???@??? Wed Mar 10 12:52:27 1999
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Date: Wed, 10 Mar 1999 12:01:42 -0800 (PST)
Reply-To: dickwebb711@xxxxxxxxx
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From: Dick Webb <dickwebb711@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: MMath deluxe version + code
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There have been many positive responses to this and I just received a copy of the deluxe version that I am sending with this as an attached zip file. It contains is a word file with charts. Below is the code for the lines if you want to put them into software. There is a mmath group at egroups.com that is free with people who know a lot more about this stuff than I do.
Dick
> >Murrey Mathers Who Use MetaStock
> >
> >There has been considerable discussion lately on this
> >list regarding which is the correct square. A square
> >is not done until its done. All you can know at any
> >point in time is what the most recently COMPLETED
> >64 day, 32 day, 16 day, etc... (e.g. a completed 64
> >day square is one that has moved through all 64 days).
> >
> >This can be more easily seen by showing all of the
> >squares (64, 32, 16, 8, and 4) simultaneously (Murrey's
> >so called 3rd dimension). To this end I am providing you
> >with an indicator that will run under the current version
> >of MetaStock (6.5.2 EOD). The text of this indicator
> >appears below. You may cut and paste it from this e-mail
> >to the MetaStock indicator editor. Give it whatever name
> >you want. You may then drop it into your charts. I have
> >also attached a GIF file of the OEX cash index that shows
> >the end result. The labels I added manually for clarity
> >(match the color to the square). The Waist indicator is a
> >separate indicator
> >
> >Waist:=(O+C)*0.5;
> >Waist;
> >
> >The indicator I am providing here must be applied
> >separately for each square in your chart. So, you will
> >drag it into your chart once for each of the 64, 32, 16,
> >8 and 4 day squares. That means the chart will contain 5
> >copies of this indicator. This indicator is already set
> >up with the start of the current Murrey Math year
> >(10/5/98). You will want to assign a unique color to
> >each copy of the indicator so that each square may be
> >easily recognized.
> >
> >The vertical lines are created by using the CYCLE LINES
> >function built into MetaStock. I have created 3 sets of
> >lines (4 day, 8 day, and 16 day). Each set of lines was
> >given a different line thickness to distinguish them.
> >Each set of vertical lines was given a start date of
> >10/5/98. That way they are aligned with the indicator.
> >
> >Once you have created your squares and time lines you can
> >save this as a template file. Then you can bring up any
> >other time series and apply this template. The squares are
> >created automatically. If you save this as the default
> >template, it is applied automatically to any new charts.
> >
> >To create a square of witdh N, this indicator identifies
> >the highest and lowest values in the most recently
> >COMPLETED square of width N. The appropriate MM lines
> >are calculated and displayed. The lines are displayed from
> >the start of the square to the end of the chart.
> >
> >Due to certain limitations in the MetaStock programming
> >language there are three restrictions.
> >
> >1) The indicator will not correctly calculate the case
> > when price trades through a range from 0 to
> > approximately 2 x its perfect square (e.g. 2 x 100).
> > For stock traders this will restrict its use for
> > internet stocks which trade through a large range.
> > For the conservative traders among you this will not
> > present a problem. Most stocks and indices DOW, SP's
> > will be calculated correctly.
> >
> >2) The indicator will not correctly calculate the transition
> > square (e.g. when price trades across 2.5 x the perfect
> > square). Again this will not be a restriction for most
> > users.
> >
> >3) The circles are not applied automatically. These must be
> > drawn in manually.
> >
> >Assuming that MetaStock expands its programming language to
> >accept a greater number of variables and characters in an
> >indicator, restrictions 1 and 2 will be eliminated.
> >
> >The positives are that you have all of the other capabilities
> >of MetaStock at your disposal. You can apply Gann Fans,
> >Speedlines, Gann Grids, Fib levels etc. You also have access
> >to the programming language which will allow the ambitious
> >among you to create explorations so that you may search a
> >large universe of stocks for trading opportunities (e.g. is
> >price > 8/8th's line for a square of width N?). MetaStock
> >also supports candlestick recognition that could also be
> >used in your explorations.
> >
> >Naturally, I take no responsibility for any investment
> >decisions that may be made as a result of using this
> >indicator. You assume full responsibilty when using this
> >indicator. I am giving this indicator to you at no cost.
> >Assume that it is worth what you paid for it.
> >
> >Regards,
> >Tim
> >
> >INDICATOR:
> >
> >
> >
> >SqW:=Input("Square Width (Days)",4,256,64);
> >MM:=Input("Start Date Month",1,12,10);
> >DD:=Input("Start Date Day ",1,31, 5);
> >YY:=Input("Start Date Year ",1700,2100,1998);
> >
> >T0:=LastValue(ValueWhen(1,DayOfMonth()=DD AND
> > Month()=MM AND
> > Year()=YY,Cum(1)));
> >
> >Sqrs:=Int((LastValue(Cum(1))-T0)/SqW)-1;
> >
> >S0:=T0+(Sqrs*SqW);
> >
> >Lo:=LastValue(ValueWhen(1,Cum(1)=S0+SqW-1,
> > LLV(Min(H,L),SqW)));
> >
> >Hi:=LastValue(ValueWhen(1,Cum(1)=S0+SqW-1,
> > HHV(Max(H,L),SqW)));
> >
> >Sf:=
> >If(Hi>25,If(Log(0.4*Hi)/Log(10)-
> > Int(Log(0.4*Hi)/Log(10))>0,
> >Exp(Log(10)*(Int(Log(0.4*Hi)/Log(10))+1)),
> >Exp(Log(10)*(Int(Log(0.4*Hi)/Log(10))))),
> >100*Exp(Log(8)*(Int(Log(0.005*Hi)/Log(8)))));
> >
> >N:=
> >If(Log(Sf/(Hi-Lo))/Log(8)<=0,0,
> > If(Frac(Log(Sf/(Hi-Lo))/Log(8))=0,
> > Int(Log(Sf/(Hi-Lo))/Log(8)),
> > Int(Log(Sf/(Hi-Lo))/Log(8))+1));
> >
> >Si:=Sf*Exp(-N*Log(8));
> >
> >M:=Int(((1/Log(2))*Log((Hi-Lo)/Si))+.00001);
> >
> >I:=Round(((Hi+Lo)*.5)/(Si*Exp((M-1)*Log(2))));
> >
> >B:=(I-1)*Si*Exp((M-1)*Log(2));
> >TT:=(I+1)*Si*Exp((M-1)*Log(2));
> >
> >Er:=If(Hi-TT>0.25*(TT-B) OR
> > B-Lo>0.25*(TT-B),1,0);
> >
> >MM:=If(Er=0,M,If(Er=1 AND M<2,M+1,0));
> >NN:=If(Er=0,N,If(Er=1 AND M<2,N,N-1));
> >
> >Si:=Sf*Exp(-NN*Log(8));
> >
> >I:=Round(((Hi+Lo)*.5)/
> > (Si*Exp((MM-1)*Log(2))));
> >
> >B:=ValueWhen(1,Cum(1)>=S0,
> > (I-1)*Si*Exp((MM-1)*Log(2)));
> >
> >TT:=ValueWhen(1,Cum(1)>=S0,
> > (I+1)*Si*Exp((MM-1)*Log(2)));
> >
> >B;
> >
> >{L1:=}ValueWhen(1,Cum(1)>=S0,
> > B+(0.125*(TT-B)));
> >
> >{L2:=}ValueWhen(1,Cum(1)>=S0,
> > B+(2.0*(0.125*(TT-B))));
> >
> >{L3:=}ValueWhen(1,Cum(1)>=S0,
> > B+(3.0*(0.125*(TT-B))));
> >
> >{L4:=}ValueWhen(1,Cum(1)>=S0,
> > B+(4.0*(0.125*(TT-B))));
> >
> >{L5:=}ValueWhen(1,Cum(1)>=S0,
> > B+(5.0*(0.125*(TT-B))));
> >
> >{L6:=}ValueWhen(1,Cum(1)>=S0,
> > B+(6.0*(0.125*(TT-B))));
> >
> >{L7:=}ValueWhen(1,Cum(1)>=S0,
> > B+(7.0*(0.125*(TT-B))));
> >
> >TT;
==
Big Lucky Dick
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