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> but for the sake of accuracy can I say
> that when I refer to an "indicator" I mean the sort of stuff you can write
> an .ela code for TS or SC.
Ahhhh, like....
Bill: S&P price action
EL: Close Data2
Bill: Support and resistance
EL: SwingHigh and SwingLow
Bill: Fib retracements
EL: (Close-SwingLow)/(SwingHigh-SwingLow).
> Fortunately, I am sure most on this list know what I mean
Yes, I believe so. If you use it, it's a "tool." If you don't, it's an
"indicator." How convenient. It allows one to bash indicators with
impunity and come to the circular self-serving conclusion that one's own
indicators, errrrr.... tools, are the only valid ones. :-)
--
Dennis
Specializing in the use of the keyboard as a barn cleaning device.
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