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Strategies & Market Trends : TA-Quotes Plus
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To: Richard Estes who wrote (6764)9/23/1998 1:47:00 PM
From: TechTrader42  Read Replies (2) of 11149
 
I think Dale may have been on the right track when he suggested breaking the cup down into component elements and doing separate scans for each. I might look into that.

Martinelli and Hyman's article ends with a reference to Martinelli's Haiku Laboratories, "which supplies customized technial and scientific software to individuals and small businesses." The cup and handle algorithm that the article keeps referring to would seem to be proprietary. In the article, Martinelli and Hyman just give a rudimentary sketch of the idea behind the formula.

I didn't mean to give the impression that QP2 couldn't handle a cup and handle formula. I was just trying scans that my computer couldn't handle, because they involved far too many days, and far too many loops. Far too many conditions, too.

I have some ideas about breaking down some of the conditions, and putting them in separate scans. That might be the way to do it, as Dale suggested.

If any program could do it, it would be QP2.

Brooke
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