Re: [RT] Wolfe Waves

["JHP" <jan4123@xxxxxxxxxxxxx>]

Hi Clyde,

Just for your info:

That LastBaronchart function in that .ela ruined lots of my studies since it overwrote

the original TS function.

I had to import the original to correct my problem since I care less about the original

function being incorrect  than having problems with my studies at this time.

 

Regarding Wolfe, I played with it for some time when it was mention here by Mike

Suesserrot (?) (sorry about that, Mike) and concluded that it works sometimes and

enough often it doesn't to forget it, but I haven't considered looking at higher time

frames to see if it is OK there, so I'll take another look.

Jan Philipp

 

----- Original Message -----

From: Clyde Lee

To: realtraders@xxxxxxxxxxxxxxx

Sent: Sunday, October 10, 2004 7:23 AM

Subject: Re: [RT] Wolfe Waves

http://www.wolfewave.com/an_illustration_along_with_the_rules.htm

 

The above URL was the basis of an indicator that I designed to

detect and display WolfeWaves.  This was first posted to this

list quite a while ago so many of you may have the application.

 

The  .ela  and the source code (text) are attached.

 

An  .gif  shows one application of this indicator.

 

I hope that you will apply this indicator to many symbols of many

time intervals and judge for yourself it's suitability.  Please

check the URL for further discussion.

 

I have not as yet attempted to construct a strategy out of the

indicator but it would be easy since most of the line drawing is

done with trendlines.

 

Clyde

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Clyde Lee   Chairman/CEO          (Home of SwingMachine)
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----- Original Message -----

From: jdfo

To: realtraders@xxxxxxxxxxxxxxx

Sent: Sunday, October 10, 2004 8:31 AM

Subject: [RT] Wolfe Waves

    Ever since reading Linda Raschke's chapter on the Wolfe Waves, in her book Street Smarts, I have been intrigued by this methodology. 

    I notice that Bill Wolfe sells his teaching course on his concept for $3K, a somewhat pricey amount.  I was wondering if anyone here has taken the course and traded this method, or can comment on it otherwise. 

    Thanks in advance for your comments.

    JohnO

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