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WM = Win Midas = the name of a program developed by Paul Levine(deceased)
and his partner. Basically it is a takeoff on cumulative volume where the
support lines = (Cum(price*volume) - Cum(price*volume)[1])/(CV - CV[1]).
Several software pkgs were developed V2 and V3. V2 was sold but V3 was
taken off the market when its developer returned to managing personal and
private funds. I beta'd V3 and then developed code with another rter to run
in TS real time and end of day. Code has been posted in the past by others
on rt for TS and MetaStock. Mine is restricted by the developer but the
public code now available does a decent job of replicating the original
concepts of Levine and his software.
TASC references:
May 2001
July 2001
May 1998 product review Win Midas 2.1
Paul Levines 18 monographs 1998 describing the technique in detail. These
18 monographs used to be available on a website supported by Levine's
partner. I have the monographs in print and maybe on disk. Don't know if
they are still available on a website anymore as the site was taken off
line. Seems like I ran into another one recently that had the docs on it.
Bobr
http://www.oextrader.com/sigma_trader
----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 20, 2001 8:15 AM
Subject: Re: [RT] MKT - INDU
> Can you spend a monent on WM for those who are not familiar with it Bob,
> thanks.
> don ewers
> ----- Original Message -----
> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, June 20, 2001 9:16 AM
> Subject: [RT] MKT - INDU
>
>
> > Redline WM resistance at 10702.....came close.
> >
> > bobr
> >
> >
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> >
> >
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>
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