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Elliott Wave Signal
Posted:
Tue Feb 01, 2011 7:58 am
by sunshine
- Elliott Wave Signal
The signal is based on the Elliott Wave indicator.
Elliott Wave Indicator gives either a +1 or -1 signal. +1 indicates a long position and -1 indicates a short position. The indicator will always be -1 or +1. You could use the changing of the direction to indicate the start of a new wave.
Re: Elliott Wave Signal
Posted:
Tue Feb 01, 2011 8:37 am
by keyrama
Excuse me but, your eurusd M1 chart does not look like mine, at the exact same date and hour. And i'm on bid prices too.
It looks like less choppy.
The symbol on the chart mode doesn't exist on my marketscope version.
Could you explain ?
Thanks, Keyrama
Re: Elliott Wave Signal
Posted:
Wed Feb 02, 2011 10:57 am
by sunshine
keyrama wrote:Excuse me but, your eurusd M1 chart does not look like mine, at the exact same date and hour. And i'm on bid prices too. It looks like less choppy.
It seems that the vertical scale on my chart is smaller, pay attention to the distance between prices on the price axis.
keyrama wrote:The symbol on the chart mode doesn't exist on my marketscope version.
What symbol do you mean?
Re: Elliott Wave Signal
Posted:
Thu Feb 03, 2011 8:47 am
by keyrama
It's not a scale problem. For example at 7h51 you have 1.3760, I have 1.3730.
I mean the symbol just on the right of where you select the time frame (m1..)
Is it a logaritmic mode that will be implemented in the next version or something like that ?
Thanks, keyrama
Re: Elliott Wave Signal
Posted:
Thu Feb 03, 2011 8:52 am
by keyrama
Oh i'm sorry, i'm in europe so 7h51 on your chart is 14h51 for mine
But the question about the symbol remains.
Thanks, Keyrama
Re: Elliott Wave Signal
Posted:
Fri Feb 04, 2011 1:03 pm
by sunshine
keyrama wrote:Oh i'm sorry, i'm in europe so 7h51 on your chart is 14h51 for mine
But the question about the symbol remains.
Thanks, Keyrama
It's just a symbol of the candlestick mode. My Trading Station is in the No skin mode. However I hope that a logarithmic scale will appear in one of the next releases
Re: Elliott Wave Signal
Posted:
Fri Sep 07, 2012 7:49 am
by Coondawg71
Can we please request a Strategy for this Elliott Wave Signal/Indicator.
Buy when Signal is positive "+1"
Sell when Signal is negative "-1"
unless of course it is easier to write the strategy to open/close positions with crossing of "0"
Please allow the trading parameters to be customized by the user just as the signal/indicator allows.
Thanks,
sjc
Re: Elliott Wave Signal
Posted:
Fri Sep 07, 2012 11:13 am
by Apprentice
Requested can be found here.
viewtopic.php?f=31&t=23132
Re: Elliott Wave Signal
Posted:
Sat Sep 08, 2012 5:47 pm
by Coondawg71
Thanks Apprentice!
sjc