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William c  
#1 Posted : Saturday, February 5, 2011 9:29:57 PM(UTC)
William c

Rank: Newbie

Groups: Registered, Registered Users
Joined: 2/3/2011(UTC)
Posts: 2

The AlphOmega Signal Scan results are not align with the template come with it.

I use the AlphOmega Signal Scan Explorer on the S&P 500 securities, one company appears in the short list is MEMC Electronic(ticket symbol is WFR). The signal scan provide me the 21% Brs is 1.0106 & 13% Brs is 1.0002.

Then I open Open Chart button to inspect the chart and apply Alphomega Simple template on the chart.

The chart already completed moderate amplitude (13%) at wave (3) and moving away.

For normal amplitude (21%), the chart still in wave (iv).

According to the AlphOmega Signal Scan definition,
the chart should show either normal amplitude (21%) & moderate amplitude (13%) after wave 1 be less than 3 bars old.

The screen shot to explain the problem is provided with the link below. Please Cut & Paste the following link on your browser to see the details.


Please let me know whether my interpretation is correct or not.

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