Re: [RT] No Predictive Power, But....

["jbclem" <jbclem@xxxxxxxxxxxxx>]

Ernie,
 
I'd also like to have this code.  Do you have 
it in .ela form?
 
Thanx,  john
 
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Ernie Bonugli 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Sunday, February 16, 2003 6:44 
  PM
  Subject: [RT] No Predictive Power, 
  But....
  List,Here's a couple of items that might interest 
  this board:In  terms  of  ~2  days swings, the 
  channel indicator, showsthat  we  have  entered into an 
  overbought situation or thatwe're  at  the  start of a 
  steady uptrend. Secondly, the bbcindicator  also  shows 
  Overbought. The bbc attempts to trackthose 1.5 to 2.5 day swings. The bbc 
  range goes from ~6.0 to~-6.0 and it is currently sitting at an oversold 
  level and Iam  waiting  for  it  to  turn  
  sometime on tuesday or earlywednesday. The down turn may be weak, I cannot 
  predict this.A  bit  more  on  the  channel 
  indicator, it is based on theProbability  Channel  
  indicator  recently  posted by BobR. Imodified it to generate 
  channels on intra day charts. I usedthe  Hilbert Transform to make it 
  a bit more adaptive. Emailme    should   
  you   want   easylanguage   code   
  for   this"Probability/Hilbert channel" indicator.The 
  buy/sell signals are based on the bbc turns. Because bbcis  a  
  complex  piece  of  code,  I am not able to make 
  thisindicator/strategy available, but I can post its status 
  fromtime  to time as necessary. If the markets are swinging 
  thisis  an  OK  to  good indicator that help me get in 
  the rightframe of 
  mind.Regards,Ernieebonugli@xxxxxxxxTo 
  unsubscribe from this group, send an email 
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