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Hi List,
I was browsing through the Equis site's custom formulae page and came across the "Instantaneous Trend Line and Sine Wave Indicator" created by John Ehler (url given below). On viewing the main Indian index i.e. the BSE index for the past 12 odd years for which I have data, with this indicator I was surprised to see the remarkable accuracy with which it caught all substantial moves. Has anyone used this indicator and if so what has been their experience in their respective markets? Also has anyone tried using this indicator as a condition in the MetaStock Explorer and if it can be done how does one do that, since the same formula draws two values on the chart and the crossover of these two values gives the signal?
Has anyone used Don Fisher's Dynamic Gann Levels software which can be used as an add-on with both MetaStock and TS. If it does work in providing time-price turning points as is claimed then the price of $88.00 is as good as free.
Rakesh Sahgal
url of the MetaStock formula referenced above
http://www.equis.com/customer/support/formulas/cf00104.html
url Of Don Fisher's Dynamic Gann Level's
http://members.aol.com/ganntrader/
Attachment Converted: "c:\program files\qualcomm\eudora\attach\[RT] Re MetaStock formulae and"
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