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Henry,
Advanced Get also has other tools besides Elliot Wave analysis that
some traders may find valuable. This includes seasonality charting
that helps you recognize deviations from normal trading patterns.
There is also some Gann support if I recall correctly; I am not an
owner of the product but did use the predecessor product StockMaster
that was discontinued years ago.
Now Elliot Wave analysis is somewhat subjective and argumentative.
A lot of emphasis is placed on Fibonacci retracements which in fact
do work often enough to make them credible. The problem is Fibonacci
retracements pretty much scan the entire retracement range and then you
have the issue of which wave is being retraced. Usually, after the fact,
you can develop a fibonacci relationship of some sort to fit the data.
So is all lost with using Elliot Wave? I think not. The most profitable
waves are the
wave 3 and wave 5 constructs in most cases. Corrective waves are the
most difficult to label and analyze and tend to be the least profitable.
Advanced Get has filtering capabilities based upon the primary wave
count; this means you can use AGet to filter securities for those
in wave 3 or wave 5 to use with trend following systems. The
MOB (make-or-break) line can also help in determining the end of wave 4
which is tantamount to trading wave 5 which can be very profitable.
Also, AGet is more tailored to the futures trader over the stock
trader from a historical perspective. I do not use real-time Metastock
so I can not give you a relative comparison of features; in general,
Metastock will be more generic in purpose and Advanced Get will have
specialized features mainly focused around Elliot Wave types of analysis.
AGet also does a pretty good job of charting as well from what I have seen.
Thanks,
Ron
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Henry Amand
> Sent: Wednesday, October 18, 2000 2:39 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Advanced Get versus MetaStock
>
>
> Bob,
>
> can you please specify why we should see the coments of Mr. Maas
> on Advanced Get as a joke ?
>
> Greetings
>
> Henry
>
>
> > From: "Bob Jagow" <bjagow@xxxxxxx>
>
> > I forwarded your unbiased recommendation to my trading
> > group, Ton.
> >
> > They especially appreciate jokes on down days.
> >
> > Your admirer,
> > Bob
> >
> > > On Behalf Of A.J. Maas
> > > >
> > > Please let me take a shot at unraffling this Get-myth.
> > > MicroSoft(MS) doesn't market or creates any TA or EWAVE
> > > software(sw).
> > > MetaStocK(MSK) also doesn't make or includes any EWAVE
> > > counts or sw.
> > >
> > > I would like to see examples where this $2000+ sw package
> > > did give you
> > > the exact EWAVE counts? Eg TRUE examples.
> > > Get is known to make attempts at it, but the sw package
> > > fails hopelessly in delivering.
> > > Not surprisingly, since its counts are not true Elliot
> > > counts but counts based on a mix
> > > that includes Elliot wave counts now based on the
> > > Fibionancy-myth, a myth that here
> > > on the List also has been unraffled before.
> >
> > > The option to plot the MACD in Histogram style is included
> > > in your MSK software.
> > > (<right click> the MACD for Properties and <click> the
> > > wavy Bars option).
> > > You're also enabled in MetaStocK to create any custom
> > > version of the MACD or any
> > > other indicator. Am sure it is one of the many MACD
> > > versions that have been
> > > posted to the List before.
> >
> > > Can you give some TRUE examples where this $2000+ sw
> > > package did give you
> > > the exact "next LOW's" ? Eg valid examples and/with
> > > examples showing that Eclipse.
> > > Get is known to only forcast "way-off" LOW's.
> >
> > > $2000+ for a simple sw package is a rip-off, for a
> > > non-delivering sw package its
> > > is plain rip-off and not the time worth spend on it.
> > > A quick calculation:
> > > one(1) complete single PC + OS sw + MSK sw installed costs
> > > less then $2000 and
> > > on the contrairy, DOES DELIVER on expectations.
>
>
> > > > Hi Gene. Please let me take a shot at your question. MS
> > > > does not offer any form of Elliott wave counts. GET does.
> > > > GET offers a unique form of the MACD, in histogram form. GET
> > > > helps locate the next LOW if your peaking in price. called
> > > > an ellipse indicator I believe.
> > > > Other goodies, but I don't own it. $2,000 is alot for a
> > > > piece of software. But, if someone wants to buy me one, I'd
> > > > be very pleased. My opinion.
>
> > > > > Gene Ricci wrote:
> > > > >
> > > > > I see a lot of MS owners using Advanced Get as well. I
> > > > > would appreciate if someone could enlighten me as to why one
> > > > > would use both. Thanks,Gene
>
>
>
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