Re[2]: [RT] EWOsc on 5 point Range bars

[Jim Johnson <jejohn@xxxxxxxxxxx>]

Hello BobR,

thanks for the info.  I did read the SFO article when you (?)
mentioned it a few weeks ago.

anybody know how to get the TRadestation code for the method?


Best regards,
 Jim Johnson                           mailto:jejohn@xxxxxxxxxxx

-- 
Monday, February 24, 2003, 9:17:20 AM, you wrote:

B> Clyde's Norm Gap version of the EWOsc takes gaps into account so they don't distort the oscillator plot.

B> 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
B> 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
B> put them in Fibonacci Trader some years ago.  Cynthia Kase wrote about Universal Bars in her "Trading With the Odds" in 1996.  A brief description as well as examples can also be seen at
B> 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.
B> The result is as in the Range Bars a reduction in plot congestion, fewer whipsaws and cleaner moving average crossovers.  

B> ----- Original Message ----- 
B>   From: Trey Johnson 
B>   To: realtraders@xxxxxxxxxxxxxxx 
B>   Sent: Monday, February 24, 2003 5:53 AM
B>   Subject: RE: [RT] EWOsc on 5 point Range bars


B>   Hello BobR,
B>       What is Clyde's Norm Gap version, didn't see anything on his website, and what are constant range bars? 
B>   Thanks,
B>   Trey
B>     -----Original Message-----
B>     From: BobR [mailto:bobrabcd@xxxxxxxxxxxxx]
B>     Sent: Sunday, February 23, 2003 10:39 PM
B>     To: MedianLine@xxxxxxxxxxxxxxx
B>     Cc: realtraders@xxxxxxxxxxxxxxx
B>     Subject: [RT] EWOsc on 5 point Range bars


B>     Thought this might be of interest to some folks.  Ran into a programmer that
B>     can translate EasyLanguage into Fibonacci Trader code.  Had him convert my
B>     EWOsc version for TradeStation to an FT indicator and also had him do
B>     Clyde's Norm Gap version.  Since the Constant Range Bars show trend quite
B>     well with less congestion than time bars, it was reasoned that the EWOsc
B>     might also be useful on the CRB's.  Anyway for what its worth, attached is a
B>     chart showing this.

B>     bobr


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