|
PureBytes Links
Trading Reference Links
|
Jeff,
I hate to "bust a bubble" but EVERY SWING THAT
IS DEPICTED ON A MULTIPLE SWING ANALYSIS HAS THE
SAME probability of occurring as any other swing.
However, if a whole bunch of swings end up at
about the same place then the cumulative
probability that they represent IS IN FACT A
path of high probability.
Actually, telling the system to make ONE projection
may be best! ! ! That is exactly what Gann & Fib
and such are just averages taken from history!!!!
Clyde
Fourier works best when there are strong cyclic
components at work. This can be evaluated by
having system display the fourier data to the
screen or file of your choice. The system
retains the data from the last analysis if you
want to use the modeling capability to see
exactly what a particular cycle is doing.
cl
Jeffrey Harteam wrote:
>
>
> Greetings Traders:
>
> Long time no chat. I've got Clyde's 'Swing Machine' for more than a
> year already. I would like to take the opportunity to thank Clyde for
> his generousity of sharing his programe with us. In respect to the
> swing projection areas. Sometimes I have the confidence to interpret
> the swings correctly. However, there are times when my expectations are
> totally off. Could someone kind enough to basically explain how to go
> about interpreting these future swings. As David has pointed out, I
> also put as much 'future' swings to it as possible. If I'm correct in
> my interpretation of this program, the various swings that clutter
> together shows the highest probability that the market will react
> according to these cluttered swings. Am I correct so far? Secondly, I
> have never utilize fourier analysis in my trading systems before, I
> would like someone to assist me in the basic interpretations of such
> analysis and how do I go about set this up on the Swing Machine.
--
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: <clydelee@xxxxxxx>
7910 Westglen, Suite 105 Work: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
|