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



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Hello Clyde,

thanks for the informative response. I suspected CR bars might be a
bit like PF but am not very skilled with PF.


Best regards,
 Jim Johnson                           mailto:jejohn@xxxxxxxxxxx

-- 
Monday, February 24, 2003, 10:27:47 AM, you wrote:

CLS> Jim,

CLS> Bob has a new toy and that is all he wants to talk about.

CLS> I'm trying to convince him that the CR bars are not all that
CLS> important to TS users since by carefully selecting parameters
CLS> for P&F charts you can get about the same.

CLS> The attached shows something of this facility.  The CR
CLS> chart was made using the file creation utility I mentioned and
CLS> you will note that each bar has a date attached.

CLS> A careful comparison of the Moving Averages should be
CLS> enough to convince you that P&F (which is available in TS)
CLS> CAN be used as a proxy for Constant Range bars and will
CLS> make almost all TS indicators available.

CLS> Clyde


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

CLS> ----- Original Message -----
CLS> From: "Jim Johnson" <jejohn@xxxxxxxxxxx>
CLS> To: "BobR" <bobrabcd@xxxxxxxxxxxxx>
CLS> Cc: <realtraders@xxxxxxxxxxxxxxx>
CLS> Sent: Monday, February 24, 2003 8:29 AM
CLS> Subject: Re[2]: [RT] EWOsc on 5 point Range bars


>> 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
CLS> don't distort the oscillator plot.
>>
>> B> Constant Range Bars all have the same user selected point range.  There
CLS> are several places to read about the Range Bars.  One is in the February
CLS> issue of Single Stock Futures http://www.sfomag.com
>> B> although the article's claim for fame is off the wall.   The Range Bars
CLS> or Momentum Bars as the article calls them have been around for at least7
CLS> years.  A Brazilian trader had requested Carlos
>> B> put them in Fibonacci Trader some years ago.  Cynthia Kase wrote about
CLS> Universal Bars in her "Trading With the Odds" in 1996.  A brief description
CLS> as well as examples can also be seen at
>> B> http://www.fibonaccitrader.com.  Click on Range Bars.  Another useful
CLS> feature in that software is the user option for Tick Bars created with
CLS> changed ticks only, i.e. unchanged ticks are ignored.
>> B> The result is as in the Range Bars a reduction in plot congestion,
CLS> 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
CLS> 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
CLS> programmer that
>> B>     can translate EasyLanguage into Fibonacci Trader code.  Had him
CLS> convert my
>> B>     EWOsc version for TradeStation to an FT indicator and also had him
CLS> do
>> B>     Clyde's Norm Gap version.  Since the Constant Range Bars show trend
CLS> quite
>> B>     well with less congestion than time bars, it was reasoned that the
CLS> EWOsc
>> B>     might also be useful on the CRB's.  Anyway for what its worth,
CLS> attached is a
>> B>     chart showing this.
>>
>> B>     bobr
>>
>>
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>>
>>
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