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Can any indicator tell what chart it is working on? They are just bars, and
price.
gts@xxxxxx wrote:
> Pyrapoint will work on an Ensign tick chart, but the theory is based
> on price and time. The price theory will remain valid with horizontal
> S/R levels, but the time turning points should not work. However,
> they do sometimes. Truth or coincidience?
> SteveG
>
> --- In realtraders@xxxx, "Michael Ferguson" <wl7bdn@xxxx> wrote:
> > Ira,
> >
> > Why the 11 bar cycle? Does the pyrapoint tool work on tick-bar
> charts too,
> > or only time-bars? It almost looks like a [Wed +/- 2] as far as
> timing
> > results.
> >
> > Is it customized for a particular timeframe?
> >
> >
> > Michael: WL7BDN@xxxx
> >
> >
> >
> > ----- Original Message -----
> > From: "Ira Tunik" <irat@xxxx>
> > To: <realtraders@xxxx>
> > Sent: Thursday, June 28, 2001 11:07
> > Subject: Re: [RT] S&P symmetry
> >
> >
> > > The system only projects forward so I can't tell you that. Here
> is the
> > > projection on the 60 min chart from the 21st, my high, and
> another from
> > > the 26th. The program appears to be self adjusting as to price
> and
> > > volatility. The charts may have different sets of numbers
> because of
> > > different starting points and different volatility. The time
> will also
> > > differ due to price. No conclusions yet as to its worth, more
> study
> > > ahead. Hope that this answers some of your questions. Ira.
> > >
> > > wavemechanic wrote:
> > >
> > > > Ira: Would you get the same results if you started at the top
> on 6/22
> > > > or the bottom on 6/26? Bill
> > >
> >
> >
> > --------------------------------------------------------------------
> --------
> > ----
> >
> >
> >
> >
> >
> >
> > --------------------------------------------------------------------
> --------
> > ----
>
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