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Hello Rts,
Have you been here?
1.) You wish to try a new approach to the markets.
2.) You find you either have to spend weeks implementing it on graph paper,
buy yet another program costing hundreds or thousands of dollars, or learn
how to program. There goes your trading capital and/or time.
3.) You get another new idea.
4.) Go back to 2.)
Been there, done that. Broke free, for the most part.
I found a great solution that suits me and is fantastic for many
geometric studies, boxes, ellipses, grids, etc.
Rather than using plastic overlays, how would you like to simply
stretch your designs over your charts in software?
Easily done. I use Corel Draw. I save my chart as a bitmap. I save my
desired geometric form as a bitmap. I select the rectangle or ellipse tool.
Then I choose bitmap background, browse, and select my design. I go back to
the chart. I click on one corner of the desired area, then stretch it to the
opposing corner. Once the preparation is done, you can easily put many
geometries anywhere you want in seconds, and the scale (1:1,1:2, whatever)
automatically adjusts to the space where you put it!
One example might be for those who wished for software that would chart
spirals, but never found any, and balked at the cost or time of custom
programing. Attached is an example of doing just that. It is for example
only, completely fictitious, and is not a representation of a trading
method. It is only intended to show the types of things one can do
graphically with this technique in seconds. You could place this spiral
anywhere on the chart, rotating, flipping, or scaling as you go. FAST. EASY.
What other applications come to mind? Don't know how to program? DON'T NEED
TO.
Gregory Cherni on another board is the only other person I know of who
does his graphics this way, though there are likely many. Gergory does his
with a combo of MS Word AND Corel Draw, and his post is repeated below.
I hope someone saves a lot of time, trouble, and money with this. If
you've got a great use for this technique, send it along!
Darrin
http://www.geocities.com/WallStreet/Market/3263/
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Gregory's post to another board of a simlar technique:
If you are into geometry and squaring, no need to draw
it on green paper or purchase expensive Gann programs.
I found MS Word with draw option is much better. You
can build your own squares, fans, ellipses, vectors
and more and apply them over the graphical chart file.
After you are done, "group" your chart with studies.
Then you can copy and paste it into Corel Draw
Photopaint, resize it,combine it with background and
save in .gif format.
I am doing extremly sophisticated geometrical studies
in minutes, using prebuild graphical templates,
instead of old fashioned plastic overlays. Works
terrific.
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