[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [RT] Re: Micheal Jenkins Scaling The ARC



PureBytes Links

Trading Reference Links


----- Original Message ----- >
> And What is the method for scaling price so that one can draw meaningful
> arcs.
>

When I was playing with arcs quite some years ago, I used to get the best
results with the "time" and the "price" set equal to each other
*graphically*. In other words, for any given swing leg you want to set the
arc on (preferably the very first impulse and/or wave 1/A in Elliot terms),
you set the scale such that the "length" of the time (x co-ordinate)
regardles of its duration or unit, is equal to the "length" of the price (y
co-ordinate) regardles of its value/unit, on your screen or your chart. That
is like, if you took a ruler and measured the time, it would be the same
length as the price rise.
I was using Supercharts by Omega back then, and it was quite a feat and a
big pain to adjust the scales of the charts that way.

Try it, you may like it :-)

Regards,

Levent


To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx

 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/