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julesrulesny

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Subject : RE: Plotting an Indicator in chart and not the pan
Posted : 11/28/2014 12:42 PM
Post #23184 - In reply to #23183

Hello Mel,

Thank you for your time and helping me with this -- I came to this thread looking to do one thing, and its turned into something else. Currently I am having some issues with my OT/VT as both do not work -- which I am working to resolve..(different thread). Which I also realize I often make things more complicated than they really are.

But your posts on this - has given me something to consider and is right up my alley. I never found that use for ACT. I even suspected it had nothing to do with the use of Digital Signal Processing or any Transforms for that matter.. But, now that I understand how you have used that Spectrum Indicator and Wavelengths, my opinion changed --- Just due to my initial lack of understanding..

You sound like a quant. Your knowledge is quite prolific. And I am impressed with your terminology. Its funny how you referenced the Squeeze b/c long ago I traded the Squeeze. Simple and effective. So a lot of my ideas come from that. And, honestly I didn't even realize how much this theory of mine was related to that Carter Sqeeze. funny how you pointed that out and I didn't even realize I was doing it. But, I was hoping to filter out those False signals -- perhaps by getting an average of how many times price deviates too and from the Standard Deviation on Bollinger .. And how far -- Like, if there is some ratio in there that would signal a false breakout. of course nothing is perfect, but was looking to increase my chances!

But my ability to translate the way you did in that Omnilanguage you attached for me using Ehlers QT, GetCycle, etc.. is very impressive Mel. I already downloaded the TASC articles from earlier in the year .. And Tom Helget did attempt a translation as well. Didn't John Ehlers write some papers on this?? Rocket Science Trading? Or, something like that --- B/c now I feel I have to read all of this in order to successfully adapt this method.

obviously you find it successful - Have you found use for it in Automation? Like OmniPilot? because it sounds to me by using that Spectrum indicator, it can't be Automated? Not even Mechanical?

Additional questions:
Regarding the use of the secant and cosecant of a 45degree angle. 1.414?

**I am just curious then -- that use of 1.414 being a Fibonacci ratio.. Can other ratios be used like 1.618? I wonder how this line of code is in use for the indicators you attached?? ... Maybe its nothing .. But, I focused on that line and am just curious why its in there? Perhaps a "midpoint" in the chart?? OR -- Is it a mid point in price? I think of Gann fan lines when I see that... Which leads me to ask if GANN then, can be used in conjuction with this on a Geometric level? I apologize for my questions.. I am just trying to understand all of this.

As for HURST - yes, for all the plugins Nirvana offers, this gives the BEST signals out of the box. Nothing comes close. The indicators fall short in my opinion, but the signals are amazing. to this day I still have HCT enabled in all my profiles. And there is nothing like it in the industry. Nothing even close.

Thank you so much for taking the time and responding. Its much appreciated. You may not recall, but you've helped me quite a lot over the years always giving me different codes, and writing codes for me. Thank you.

Jules


[Edited by julesrulesny on 11/28/2014 12:49 PM]

Deleting message 23184 : RE: Plotting an Indicator in chart and not the pan


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