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Thomas Winklhofer wrote:
> Hi Gann traders, all
>
> has anyone tried to implement the basic Gann Swing concepts of Robert
> Krausz in Metastock?
>
> In my opinion it must be possible to implement the definitions of the
> Gann swing trading as described in the Jan 99 issue of TASC.
>
> Interesting would be
> - Automatic recognition of valleys/peaks of swing channels and fibo
> lines 38.2 and 61.8
> (parallel to channels, that's not possible with metastock).
> - HiLo Activator
>
> May be the Gann approach can't be converted into a 'stupid' mechanical
> system.
> But I would feel much better when I could back test myself. The
> 'fibonaccitrader' can't do that as far as I know.
>
> Best Regards
> Thomas Winklhofer
Thomas,
About a month or so ago I wrote a test that will buy if price retraces to
"n" Fib level. I seem to recall that I set it up so that it would only
buy if the current peak is greater than the previous peak and then a Fib
retracement occurs. I haven't read the article but I did look at some of
the pictures, if that counts. :-) The pictures got me interested and I
remember thinking that my test would probably form a good basis to work
from whenever I got around to it. But that day is still a month or two
off most likely. I'll be glad to share what I have, especially if it will
help speed things up for those interested. Just remember me when you make
progress with the thing. :-) In my notes that I just checked I wrote
"correct", which means, well, at least at that time I believed that I got
it right, ie, it did what I wanted it to do, which was simply place a buy
arrow if the low was <= the Fib level. Correct does not mean "finished
product", so I'm sure the code could be tightened up, etc. I also
remember that I did not check it out quite as thoroughly as I normally
would because I needed to move on to something else, so it's possible
there could be a glitch or two. SO, after the markets close I'll check it
out briefly to see if it is as I remember. Maybe I was dreaming. I would
do it now but it uses the PREV function a couple of times and with my
little 133 AND collecting rt data, something is bound to give.
Regards,
Ken
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