To anyone who is considering purchasing the PowerPivot Plus Add-on,

PP+ is the one Plug in Add-on that I would purchase.

The Problem with the add-on is in the lack of explanation with the use of the external functions that come with the product.

The experts that are packaged with it, are lame and password protected. So it is very difficult to follow a system

The way the expert is plotted with highlights and symbols make the chart look great! Every peak and trough is marked, trends are colored and even a commentary.

The problem is that the Pivots as a symbol do show up late.

Their use as historical support and resistance are valid.

The real power in this add-on is in the external functions.
they allow for Multi time frame analysis, they can create a latch for system creation, create data arrays and load data arrays, trend direction, Fibonnaci retracements,Fib ladder,Pivot Price, bars since Nth Pivot.

I wish that the user manual would better explain the functions and that equis would not be so secretive with their add-ons.

Equis and Market Angel really screwed up in the marketing of this product.

If Ford marketed the Mustang as it did the Edsal, you would never have heard of Ford Again!

Again, I encourage owners to try this add-on again, but this time try to create indicators and experts with the external functions as opposed to just plotting a lame expert

Henry1224

Hi Henry,

Can you elaberate in more details, if you have time, regarding the external function allowing multi time frame analysis?

sa

This is the formula for Stochastics w TDC

Per1:=Input("length of stoch",1,100,14);
Per2:=Input("length of ma",1,100,3);
Per3:=Input("length of ma2",1,100,3);
factor:=Input("TFactor", 0, 1000, 1);
offset:=Input("Offset", 0, 1000, 0);
HD:=ExtFml("PowerPivots.TDataCreate",1, factor);
LD:=ExtFml("PowerPivots.TDataCreate",2, factor);
CD:=ExtFml("PowerPivots.TDataCreate",3, factor);
A:=Mov((((CD-LLV(LD,Per1))/(HHV(HD,Per1)-LLV(LD,Per1)))*100),Per2,S);
A1:= Mov((Mov((((CD-LLV(LD,Per1))/(HHV(HD,Per1)-LLV(LD,Per1)))*100),Per2,S)),Per3,S);
A:=ExtFml("PowerPivots.TDataLocalize",A, factor, offset);
A1:=ExtFml("PowerPivots.TDataLocalize",A1, factor, offset);
A;A1;

With this formula you can plot the stochastics from a higher time frame onto a lower time frame

IE: you are trading 60 min chart, you can plot the Stochastics from a Daily chart onto the 60 min chart

the benefit from this type of analysis is that the stochastics from the 60 min chart says to sell, but the stochastics from the daily chart says that it is still rising, so instead of selling short you just exit your long position and wait for a retracement

with these external functions you can now create multi Time frame systems and experts which help in preventing whipsaw trades

Hi Henry,

well, I would like to know if the above can be applied to intraday timeframes, say the lower time frame is 5-min and the higer time frame is 15-min?

If the above is yes, is it possible to apply it into 3 multi timeframes, say 5-min; 15-min and 60-min......??

sa

Yes the Formula can be applied to 3 time frames, just plot in it's own window

 and the inputs for the factor should be 1 for the 5 min chart,3 for the 15 min time frame, and 12 for the 60 min time frame

Hi Henry,

Thanks for your reply...

Well, I would like to know more about PP+ and and to seek your recommendations to read the relevant materials.  Could you recommend the relevant links / materials re PP+?

Also, I have the following questions and appreciate if you can advise:-

1) For the T factor, you mentioned 1 for the 5 min.  Could PP+ refers to a lower time frame, i.e. 1-min or 3-min?

1 for 5-min, 3 for 15-min, 12 for 60-min.... how about daily, weekly?

2) In Yahoo PP+ newsgroup, it mentioned that Equis has a Webinar re PP+ last year, but I can't find it.  Is it available here?

3) If your recommended links / materials don't cover the PP+ in details, would there be any manual / product introduction covers the major functions of  PP+?

.... I mean TrendDirection, TDataCreate, TDataLocalize, etc

4) In PowerPivots Trading Systems in MS 8.0 (preloaded), it covers Time Capsules, TAverage, etc.  Does PP+ covers all of the above?

sa

How to use the T Factor on daily charts or EOD

1 is for the base time frame, 2 is for the next higher time frame  and so on

How to use T factor for RT or live charts

1 is for the base time frame,

2 is for 2X the base time frame IE:the base time frame is 5 min, 2 for the Tfactor would plot the 10 min indicator and so forth 

Henry,

Thanks for your reply...

Appreciate if you could suggest more materials, links, etc to read re PP+!

sa 

You could try this link

http://forum.equis.com/forums/thread/18807.aspx 

Henry,

I just purchase PP+ and as you indicated in an earlier post the documentation falls considerably short of what is needed to understand or properly use the product.  The documentation suggests going to www.marketangel.com/PowerPivots for additional reading but apparently that site no longer exists.  So basically what I have purchased is a CD with some formulas on it that can be used in MetaStock - nothing in the way of product support.

I have viewed the Jeff Crystal webinars linked to this Forum and that is where I thought I saw the power of PP+ - unfortunately there is a considerable gap between what I saw and what is contained in the PP+ software package and documentation.  The package is very dissapointing to say the least.

Having said that, I am hopeful the link you have provided in your last post will provide some insight so I can make use of the product - otherwise it is going back to MetaStock.

As someone stated in an earlier post - the software developer and MetaStock should be paying you because from what I have seen so far you are about the only source of information for this product.  Thanks for that.

Gary