SwingTimer_FIB_TS2k@$ 125.00
SwingTimer_FIB_TS2k
This application uses an average of swings (both price and time) in a given direction and then uses that information along with Fibonacci ratios to calculate a "box" of potential price occurrences.
After several pictures which illustrate most aspects of the indicator, you will find the frontend documentation for the application and that is in the OPEN source code which is shipped with the indicator.
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SwingTimer_FIB_TS2k@$ 125.00
After looking at the 30 minute bars we will now look at daily data:
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And now examine the frontend documentation for the indicator:
{**********************************************************************
Study : SwingTimer_FIB_TS2k
Last Edit : 01/08/01 -- Mod2: Fix trendline start/end the same
Omega says this is a no-no !
06/20/01 Add do not plot lines if wanted.
03/01/02 FibMod: Remove the history accumulation
and replace with the ability to specify
Fibonacci ratios and a percent parameter
to project a box indicating a time and price
zone where a pivot is likely to occur.
Provided By : Clyde Lee (c) 2000, 2001
Restrictions: This is a licensed product. The product:
(SwingTimer_FIB_TS2k),
is licensed only to those persons and/or organization that have
paid a proper license fee to Sytech Corporation and has had
this code delivered to them from Sytech Corporation.
This license restricts the use of this product to a single
person or firm on one machine for each license fee paid to
Sytech Corporation. If desired additional licenses can
be obtained at a lower price than the original license by
contacting Sytech Corporation (www.sytechcorporation.com)
and obtaining such license(s).
Any other use of or distribution of this product is prohibited
and is subject to applicable penalties appropriate to the
laws of the State of Texas, USA.
Notes: Uses the Swing_Lee_Simple routine to determine
TurningPoints/Pivots for Fib projections.
You can use the beginning date to inhibit projections in
the early part of a chart.
The Andrews aspect of this indicator uses an input
parameter NumForks which (when set to a value
between 1 and 3) will causes the system to perform
normally and also to add the last 1, 2, or 3 "pitchforks"
which can be drawn with the swings picked by Swing_Lee.
A Fib lines on price capability is also included -- see below.
The "FibBoxes" are derived by use of the square root of various
ratios of Phi (Phi=1.61812).
Those included are:
1/(phi^8)^0.5 = 0.145
1/(phi^7)^0.5 = 0.185
1/(phi^6)^0.5 = 0.236
1/(phi^5)^0.5 = 0.300
1/(phi^4)^0.5 = 0.382
1/(phi^3)^0.5 = 0.486
1/(phi^2)^0.5 = 0.618
1/(phi^1)^0.5 = 0.786
(phi^0)^0.5 = 1.000
(phi^1)^0.5 = 1.272
(phi^2)^0.5 = 1.618
(phi^3)^0.5 = 2.058
and are the basis of the "Spiral Calendar" proposed by
Christopher Carolan
The SwingTimer_FIB_TS2k(STF) indicator is DRASTICALLY DIFFERENT
from the plain old SwingTimerTS2k(ST).
ST records the history of every swing that occurs on whatever
chart you are displaying for the entire history that has been
loaded into Tradestation. Once this information is collected
then an analysis of the distribution of time periods and price
lengths of each leg in the to be projected leg direction (and
if selected, matching from 1 to 3 pattern ID numbers) and then
calculates a range of times and prices in which the next turn
is likely to occur. These ranges are shown by plotting a BOX
that has vertical lines which begin at the earliest anticipated
time and ends with the latest anticipated time. The line for
the top of the box is drawn at the highest anticipated price
and the line for the bottom of the box is drawn at the lowest
price that would be anticipated from the statistics.
STF allows you to enter (or use a set of default) multipliers
which are derived by some combination of Fibonacci numbers or
reciprocals of some such numbers. These multipliers are used
to calculate anticipated time and price points based on the
LAST LEG ONLY that has been completed -- no history except for
the very last leg -- using the time interval of that leg and
the price difference from the beginning to the end of the leg.
The width and height of each box is a function of a percentage
parameter which is used to calculate the price and time points
at which to plot the top and sides of A SERIES OF BOXES. STF
plots up to 11 potential price/time zones based on the Fib
ratios you input -- ST only plots one box (for each application
of the indicator) -- VERY MAJOR DIFFERENCES.
® Tradestation - Omega/Tradestation Corporation
© 1997-2001 SYTECH Corporation/Clyde Lee, All rights reserved.
**********************************************************************}
Input: NBars(34.0), {Number bars in HH/LL computations for }
{xxx.y y=plot direction. 0=up & down }
{1=Plot only Upgoing Projections. }
{2=Plot only Downgoing Projections. }
ForcePvt(True), {Force a pivot point at last bar/date }
LastOnly(true), {If set false display Miners secondary }
{Fibs using time & price lengths from }
{leg just prior to last leg defined. }
UpColor(Blue), {Color for upgoing boxes/lines }
DnColor(Red), {Color for downgoing boxes/lines }
AnotBars(True), {Annotate the NBar parameter at box }
{This must be false for All to work!!!! }
BeginDat(1011201); {date at which to start drawing boxes }
Inputs: FibMul_0(0.145), {Set to any value desired or set to zero}
FibMul_1(0.185), {Set to any value desired or set to zero}
FibMul_2(0.236), {Set to any value desired or set to zero}
FibMul_3(0.300), {to inhibit plotting that particular }
FibMul_4(0.382), {multiple. These multiplier(s) are }
FibMul_5(0.486), {applied to the number of bars in the }
FibMul_6(0.618), {last swing and the price difference in }
FibMul_7(0.786), {the pivots of the last swing to setup }
FibMul_8(1.000), {poiints at which to plot "boxes" based }
FibMul_9(1.272), {on these multiples and the Percent }
FibMul_10(1.618), {value in next parameter. }
FibMul_11(2.058),
Percent(12.1); {Percent of calculated price and time }
{differences to use +/- in drawing boxes}
{decimal portion times 10 is line size }
Inputs: FibBars( 0.603); {Use to setup fib computation & label }
{0.cwt=NO fib calculation. yy.cwt = set }
{fib line lengths to be yy past last bar}
{w=line width 0-6 }
{c=line color }
{Black=1, Blue=2, Cyan=3, Green=4,}
{Magenta=5, Red=6, Yellow=7, White=8,}
{DarkBlue=9 }
{t=line type 1=solid, 3=dotted, .... }
Inputs: NumFork(0), {Number of Pitchforks to generate 3=max }
{Line width and color are defined by the}
{value of the fractional portion of this}
{parameter. X.wc where w=line width }
{and c=line color as previously defined.}
MLOnly(false), {Plot only median line if true }
Plot034(False); {Plot a 0/3-4 fork plus 0/1-2 fork(s) }
Input: NoLines(False); {Set true to stop lines & only use boxes}
{*********************************************************************}
{The following Vars can be converted to Inputs by substituting the
label Inputs for the word Vars and recompiling. These features
are not warranted to execute properly.}
Inputs: EndDate(1031231), {Ending date for computation--use to }
{study prior behavior of function }
EndTime(1500); {Ending time for End date }
{This has no effect for daily,wkly,.....}
Vars: TrueSymb("" ), {Set to a value of null "" if no plot }
{of the exact points where TP was picked}
{Enter any character to plot True points}
{NOTE: This is a 'character' value and }
{values MUST be put inside double quotes}
FileDir(""); {Directory for file end with \ }
{Make null -- "" -- for no file out }
{File is a file of each TP and prices }
{and type of pattern coming into TP }
Vars: VertLine(true), {Set true to draw vertical lines at the }
{beginning and ending of predicted time }
{zones. Colors Top=Blue, Bottom=Red }
LongVert(False), {If VertLine is true then making this }
{true will cause lines to extend from }
{bottom to top of chart. }
UseForcd(true); {Set true to have Fib lines drawn from }
{last or forced pivot if such exists. }
{*********************************************************************}
{*********************************************************************}
CLICK
THE Add to Cart Button TO ORDER the
SwingTimer_FIB_TS2k@$ 125.00