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Re: Midas Support and Resistance



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Hi Alex,
if You read S&C 5/2001 You can easy understand how the developer use this
indicator (in the same manner of traditional supp/res); other informations
were at his website but it's close now.
At rocketdownload.com You can download his shareware; if You look at it, You
can see that his midas supp/res works differently from Yours coded.
thanks anyway for Your work
Have a nice day
Mario
----- Original Message -----
From: "Alex Matulich" <alex@xxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Monday, July 08, 2002 12:00 AM
Subject: Midas Support and Resistance


> Some years ago I had some DOS software written by someone (now dead I
> think) who developed a way to calculate smoothly changing support and
> resistance lines that magically seemed to touch highs and lows without
> any curve fitting or paramters.
>
> I never could figure out a way to trade successfully with the concept.
>
> Below is my EasyLanguage indicator for plotting two levels of Midas
> support and resistance on any chart.  If anybody can figure out how it
> can be useful, please let me know.
>