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Gold/Mining/Energy : Stillwater Mining (PGMS) - pure platinum/palladium play
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To: TATRADER who wrote (97)5/30/1997 10:22:00 AM
From: Pullin-GS   of 182
 
I've got an indicator formula for WoW (overlays on top of price chart) that I put together not long ago that you may not have done yet:

The indicator prompts as input:
1)a low point in a trading pattern (or any low point you choose as input)
2)a high point in a trading pattern
3)a multiplier. It uses a default Fibonacci of 1.62. You can enter 1.5, or 1.32, etc. if you wish.

As output it overlays these lines on a price chart of your choosing:
1)Plots a tight moving average (5 day exp) for the chart
2)Plots the lower trading range line (of rectangle, etc.)
3)Plots the upper trading range line
4)Plots the upper price target (not rounded) using the following formla:
(high-low)*Fibonacci# + High.

Do you want it (or anyone else for that matter)???

I see you have used this successfully in the past, and when plotted over the price, there is no room for error. What you see is what you get (hopefully).

PRB
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