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Clyde's Norm Gap version of the EWOsc takes gaps
into account so they don't distort the oscillator plot.
Constant Range Bars all have the same user selected
point range. There are several places to
read about the Range Bars. One is in the February issue of Single
Stock Futures http://www.sfomag.com although
the article's claim for fame is off the wall. The
Range Bars or Momentum Bars as the article calls them have been
around for at least7 years. A Brazilian trader had requested Carlos put
them in Fibonacci Trader some years ago. Cynthia Kase wrote about
Universal Bars in her "Trading With the Odds" in 1996.<FONT face=Arial
size=2> A brief description as well as examples can also be seen at <A
href="">http://www.fibonaccitrader.com.
Click on Range Bars. Another useful feature in that software is the user
option for Tick Bars created with changed ticks only, i.e. unchanged ticks are
ignored. The result is as in the Range Bars a reduction in plot congestion,
fewer whipsaws and cleaner moving average crossovers.
----- Original Message -----
<BLOCKQUOTE
>
<DIV
>From:
<A title=dickjohnson3@xxxxxxxxxxxxxx
href="">Trey Johnson
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, February 24, 2003 5:53
AM
Subject: RE: [RT] EWOsc on 5 point Range
bars
<FONT face=Arial color=#0000ff
size=2>Hello BobR,
<FONT face=Arial
color=#0000ff size=2>What is Clyde's Norm Gap version, didn't see
anything on his website, and what are constant range bars?
<FONT face=Arial color=#0000ff
size=2>Thanks,
<FONT face=Arial color=#0000ff
size=2>Trey
<FONT face=Tahoma
size=2>-----Original Message-----From: BobR
[mailto:bobrabcd@xxxxxxxxxxxxx]Sent: Sunday, February 23, 2003
10:39 PMTo: <A
href="">MedianLine@xxxxxxxxxxxxxxxCc:
<A
href="">realtraders@xxxxxxxxxxxxxxxSubject:
[RT] EWOsc on 5 point Range barsThought this might
be of interest to some folks. Ran into a programmer thatcan
translate EasyLanguage into Fibonacci Trader code. Had him convert
myEWOsc version for TradeStation to an FT indicator and also had him
doClyde's Norm Gap version. Since the Constant Range Bars show
trend quitewell with less congestion than time bars, it was reasoned
that the EWOscmight also be useful on the CRB's. Anyway for what
its worth, attached is achart showing
this.bobrTo unsubscribe from this group, send
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