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Measures of the validity of a triangle could be the number of
bars from base to apex of triangle -- Junk0 & Junk1 use a 250
bar criteria while Junk2 uses a 100 bar.
Another measure is the difference in the slope of the top and
bottom lines. Junk0=1.0, Junk1=0.5, and Junk2=0. But
remember, the cutoff for junk2 was 100 bars.
Of course the first parameter is the length (in bars) for picking
the pivots. In these cases it was 8 bars (see LengthOfSwing for
an explanation -- in files area).
Thought this might provoke some conversation about what
these "straight line" figures represent.
If you want to study other symbols let me know and I will
publish them.
Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
Details at: www.theswingmachine.com
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----- Original Message -----
From: "tradewynne" <tradewynne@xxxxxxxxx>
To: "realtraders" <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 30, 2003 11:28 AM
Subject: RE: [RT] Triangles- PPS Trading System
> --- In realtraders@xxxxxxxxxxxxxxx, "Trey Johnson" <dickjohnson3@xxxx>
wrote:
> > Does anyone have the easylanguage code for this?
> > Trey
>
>
> I think there is a "PPS" software, but I doubt it can get
> the whole deal. Check the July Soybean chart attached. How
> do you code multiple triangles like that? If anyone's done it,
> I'd love to see it.
>
> BW
>
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