Miscellaneous Simple AGET "How' Tos" from former Advanced Get site....

[MR]

I was doing a search and came across this information. Since it is still valid, useful information I decided to create this thread and repost it here in this Forum.

We start with this... http://www.advancedget.com/Education.../to-howto.html

[MR]

Type 1 Buying or Selling Opportunity

Type 1 Buying or Selling Opportunity

A Type 1 takes advantage of a completion of a Wave 4 correction. At the time of the opportunity, the OSC should have pulled back toward zero by 90% and no more than 140%("control"); the Profit Taking Index (PTI) should be greater than 35, the Wave 4 Channels should be holding and there should be some visible support or resistance. In the Type 1 Sell, the MOB is resistance, In the Type 1 Buy, the Ellipses are support. The posted Type 1 Buy is not ideal (PTI < 35; Wave 4 Channels?) but the trader has a clear focal point for continued strength or impending weakness (DL). In addition, a trade trigger should be used with a stop above the high or below the low. Regression Trend Channels or DMA Channels can be used for triggering the trade.

[MR]

Type 2 Buying or Selling Opportunity

Type 2 Buying or Selling Opportunity

A Type 2 Buy takes advantage of a potential change in trend (CIT) at the completion of 5 Waves. This CIT should be confirmed by a Regression Trend Channel, the DMA Channels or a Directional Level (DL) as in this example. Traders should now be looking ahead to confim a potential XTL Breakout. If this is not triggered, an XTL Reversal would be confirmed by a break of the Regression Trend Channels or DMA Channels.

[MR]

Make or Break (MOB)

Make or Break (MOB)

A Type 2 Sell takes advantage of a potential change in trend (CIT) at the completion of 5 Waves. This CIT should be confirmed by a Regression Trend Channel, as shown in this example. A good Type 2 Sell should also have a visible resistance level. In this case, it is the posted Make or Break (MOB). The Long Term Ellipse becomes a clear focal point to help confirm continued weakness or impending strength. In this case, if the LT Ellipse holds, we should expect the previous up swing to resume; if not, we should look toward the next Ellipse as a potential objective.

[MR]

Ellipses

Ellipses

If you would like a reasonble estimate on when a swing should resume it's previous direction, the Ellipse study can help. In the Weekly chart, the Long Term Ellipse identifies the reasonable Time and Price (resistance) for the previous down swing to resume if it is to resume. In the Daily chart, the current Ellipse shows that we are at a reasonble Time and Price (support) for the previous up swing to resume if it is to resume. In addition, Ellipses can be used to project moves as well as confirm that a previous swing is not likely to resume. The demo, which is available for download on this site, provides additional educational information in the Trading Strategy section.

[MR]

Stochastics and &quot;False Bar&quot; Signals

Stochastics and "False Bar" Signals

The Stochastic study is designed to indicate when the market is in an overbought or oversold situation. A sell signal is generated when you have a crossover of the %K and the %D when both are above the band set at 80. A buy signal is generated when you have a crossover of the %K and the %D when both are below the band set at 20. Advanced GET has a proprietary indicator that looks to improve on these trading signals. Advanced GET’s Stochastic study employs a ‘False Bar’ indicator as well. Using this is very simple. If Stochastics are giving an overbought or oversold situation these signals are not valid if a False Bar appears above or below the crossover signal. What’s behind it? The False Bar is a proprietary Stochastics cycle study that can help weed out many of the false Stochastics signals. Rule of thumb: The first signal immediately following a false bar is generally a strong signal. In this specific example, a False Bar appears while the Stochastics is in an oversold situation. Once the Stochastics moves into overbought territory and there is no False Bar, this now provides a good Stochastics sell signal.

[MR]

What is a Directional Level

What is a Directional Level?

We use to receive a number of questions about the Directional Level (DL) posted on some of the Traders' Outlooks. To help better define this label I wrote this up to explain what a is a "Directional Level."

There has been some confusion. People are wondering "Why don't I have this indicator in my program?" It is important to realize that the Directional Level (DL) is not a new tool or indicator. The DL is a precise determination of strength or weakness. The trader posting the chart determines it. He arrives at it through his experience of analyzing and trading the markets as well as from his experience with the program.

So what is it? We define a "Directional Level" (DL) as, "a focal point to help confirm continued strength or impending weakness." So, the DL is not a new indicator, it is a determination based on several factors. The trader has determined what factors have come together to point to areas of potential strength or weakness.

The next most asked question is, "Is the DL just a MOB or Ellipse support or resistance area?" The answer is, no. A Directional Level is determined by, most often, an evaluation process that includes use of numerous tools. It can be based off of Fib levels, MOB's, Ellipses, Gann or other tools. (The 1997 & 1998 videos discusses the methodology but they do not call it a 'DL').

A Direction Level simply means that above the level there is strength in this market and below it there is weakness. It can help you anticipate a potential problem or opportunity. Often a DL can become a buying area, and in other times it can help you focus on where to place your stops. Only you can determine how to use this information to help your trading and investment strategies.

We hope this helps clarify for you what a Directional Level (DL) really is. It is not a new tool. It is a determination. We hope the DL adds value to your use of the Advanced GET program in your trading.

.... basically, if you see something that says "stronger (above)" / "weaker (below)" it is a key area to focus on.

[MR]

Mor &quot;how to's&quot;

Here is anotherf good link with useful information--

http://www.advancedget.com/Education/HowTo/InGet/inget.html

[MR]

Creating a Chart Template

Creating a Chart Template

To create a Chart Template, first load a chart of any symbol and add all of the studies and indicators you would like to appear in the Template. Next, Right Click anywhere on the chart itself and select Templates from the menu that appears. In the Name section of the Templates window that appeared, type whatever name you would like to assign to this Template and hit the Save button. You have now saved this setup as a Template.

[MR]

Applying a Chart Template

Applying a Chart Template

To apply a Template to a New Chart , first begin the process to Load a chart by going to File and New Chart. Select your symbol and the other chart attributes as normal. Next, put a check mark next to Apply Template, and then select the Template you would like to apply by clicking on the Drop Down Arrow in the Apply Template field. To finish the procedure, simply click on the Load button.

[MR]

continued...

To apply a Template to an Existing Chart, Right Click anywhere on the chart itself and select Templates from the menu that appears. In the new window that appears, select the Template you would like to apply and then hit the Load button. The template will then be applied to the chart for you.

[MR]

Setting up the 6/4 Displace Moving Average

To set up the 6/4 Displace Moving Average talked about by Tom Joseph, you must first select the Moving Average toolbar button from the left had toolbar toward the bottom. This will bring up the Moving Averages window, in which you will see the default 20 Period moving average.

[MR]

continued...

Our next step will be to highlight that moving average by left clicking on it once. Now you can select the Edit button. In the next window, we will need to change the Length to 6, the Offset to 4, and the Source to High. Now hit OK. That gives us the top band of the 6/4 DMA.

[MR]

continued...

To get the bottom band, we need to now hit the New button. In the next window, set the Length to 6, Offset to 4, Source to Low, and change the color to Red, and hit OK.

[MR]

Saving the 6/4 DMA as a Template

continued....

Saving the 6/4 DMA as a Template

Once you have the 6/4 DMA set up, you can choose to save it, and any other Moving Average setups you use, as a Template. To do so, set up the MA and then select the Templates button.