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Alpha Omega Elliot Waves Meta Stock add on
Rank: Newbie
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Joined: 8/28/2012(UTC)
Posts: 4
Location: Santiago CHILE
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Hello sirs, I am new member, In the add on there is a time projection indicator, I would like to know what means Wave Time Projection for 21% ( I do not understand what means 21%.)
Also I would know members that use this software
Thanks for answer
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960
Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
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Page 3 of the AlphOmega manual, in the Terminology section, starts with this paragraph:
"The terminology we use through the book is that of R.N. Elliott. To
describe the various cycles of wave pattern, we use four descriptive in each
Expert. The cycles are divided in fast (8%), moderate (13%), normal
(21%) and slow (34%) for the normal volatility (NV) expert; they are
divided in ifast (1%), inormal (3%), islow (5%) and fast
(8%) for the low volatility (LV) expert used in the AOi Simple template"
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 8/28/2012(UTC)
Posts: 4
Location: Santiago CHILE
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To the Metastock ADMINISTRATOR
thank you for your answer
Regards
Francale
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 12/7/2006(UTC)
Posts: 35
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Are you saying that if a stock (for instance) is valued at $1.00 and the price increases to $1.08 (8%) that the cycle becomes a “valid” fast wave “X” cycle, assuming that it meets all other criteria?
[Where “X” = a given wave number or letter and “other criteria” may mean relative length ratio, etc….]
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 12/7/2006(UTC)
Posts: 35
|
Are you saying that if a stock (for instance) is valued at $1.00 and the price increases to $1.08 (8%) that the cycle becomes a “valid” fast wave “X” cycle, assuming that it meets all other criteria?
[Where “X” = a given wave number or letter and “other criteria” may mean relative length ratio, etc….]
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960
Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
|
I'm sorry but we are not experts on Elliot Wave Theory nor have we read the book referenced in the documentation. I would suggest addressing this question to Robert Tassi, the creator of the AlphOmega plug in
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