[RT] Gen - pattern identifier

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

Just thought this might be of interest to some as I 
haven't seen it mentioned on either of these lists.  I hadn't paid much 
attention to Clyde's Pattern Identifier feature in his LOS+AndrewsPitch_II 
before.  The code plots a swing length and a pattern identifier at each 
pivot.  A 59-0 means 59 bars in the last swing and -0 means 
bottoming.  A 35-9 and 28-9 both mean topping patterns.  The code will 
identify 10 patterns.  Here is a portion of the information at his website 
<A 
href="http://www.theswingmachine.com";>http://www.theswingmachine.com.  
Since there is a bit of concern about what the current state of affairs is, here 
is a mechanical view.  The last two upper pivots have been -9.  

"
The indicator will indicate at each turning point two 
items        that are important in 
evaluating where the market is at 
the        current 
time.        1.  Length of (last 
leg) Swing in bars.        2.  Swing 
Pattern Identification (Pattern # of 0 thru 
9).            (An 
option to omit the Length of Swing 
exists).        Based on a set of 
four sequential turning points in a 
price        series (or actually any kind 
of time series) I have chosen        to 
assign a Pattern ID number based on the relative 
price        relationships of these 
turning points.        The following 
is a "picture" and logic equations for 
the        assignment of Pattern IDs as I 
have chosen.  The sequence        of 
assignments is not arbitrary but is an attempt to 
use        a set of numbers that indicate 
the "age" of the market.        A 
pattern ID of 9 indicates a maturing UP market whereas 
a        PatternID of 0 quite often 
appears near the turn of a         
downgoing market."
 
bobr
(qualifier, am a friend of Clyde's and a user of 
his unique code)

 
 
 
- - - - - - - - - - - - - - - - - - - - 
-  - - - - - - -Clyde Lee   
Chairman/CEO          (Home of 
SwingMachine)SYTECH 
Corporation          email: <A 
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx  7910 
Westglen, Suite 105       
Office:    (713) 783-9540Houston,  TX  
77063               
Fax:    (713) 783-1092Details 
at:                      
www.theswingmachine.com- - - - 
- - - - - - - - - - - - - - - -  - - - - - - - 
-



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