Dynamic Trader Software Example - May 1997

www.dynamictraders.com
Copyright 1997, Robert C. Miner

Dynamic Trader Price Projections

Price Projection Examples From Version 1.1 of Dynamic Trader

This example was first presented on our Web site in May of 1997. Version
1.1 of Dynamic Trader was the current version at that time. Versions
released after V.1.1 may have a different interface or a slightly different
procedure to arrive at the same information.

The Dynamic Trader Software provides the trader, investor and

analyst with the most comprehensive price projection routines of any
technical analysis program. Traders have complete flexibility to perform
any price projection technique imaginable
Let’s walk through a recent example of projecting the high-probability
price zone for the recent Wave-5 low of April 14 for the DJIA.
From the Draw Lines icon menu, choose the Fib P (Fib Price) icon.
A new icon menu will come up with choices of Retracements, Alternate
Price Projections or Expansions for a bull or bear trend. Choose one.

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 Dynamic Trader Software Example - May 1997
www.dynamictraders.com
Copyright 1997, Robert C. Miner

In the menu above, the Alternate Price Projection (App) was chosen.
The menu below shows what comes up by right clicking on any of the
projection choices. This menu allows the user to choose from any of the
most common ratios shown by simply clicking next to the ratio, include
their own choice of ratios or choose a default set that is included with the
program. The user may also choose to do the price projections by price
range or price percentage change and by the Hi-Lo price range or closing
price range. The user may also choose a set of ratios included with the
program or a specific set that the user has created and saved.

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 Dynamic Trader Software Example - May 1997
www.dynamictraders.com
Copyright 1997, Robert C. Miner

Once the choices are made,

the user simply clicks on the
high or low pivots on the
price chart and the projections
are made. In the example
shown below, once the Wave-
3 low is exceeded which
confirms the completion of
Wave-4 we can quickly make
the price projections for the
high-probability price zone
where Wave-5 should
complete.

The 38.2% and 61.8% Alternate Price Projection of the price range
of Waves 1-3 is projected from the Wave-4 high. The two price
projections are shown on the chart and labeled with the exact price, type
of price projection and ratio. Also see the Wave Five Price Projections
tutorial which may be downloaded from the archives of the Traders
Education Page on our Web site.
In this recent example with the DJIA, the price range of Wave-5
would equal 38.2% of the price range of Waves 1-3 at 6363.9 and 61.8%
of the price range of Waves 1-3 at 6178.5.

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 Dynamic Trader Software Example - May 1997
www.dynamictraders.com
Copyright 1997, Robert C. Miner

We will also project the other typical Wave-5 price objectives which
are where Wave-5 equals 100% of Wave-1 and either a 127% or 162%
external retracement of Wave-4. The chart below includes all of these
Wave-5 projections.

Depending on the price range of the prior swings, these projections

may all bunch up and be hard to read on the chart. Dynamic Trader
includes a Custom Price Projection routine that shows where price
projections cluster by displaying a price bar along the vertical price axis.
By clicking on the price bar, a table comes up that shows each of the
individual price projections within the range of the price bar.

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 Dynamic Trader Software Example - May 1997
www.dynamictraders.com
Copyright 1997, Robert C. Miner

Using all five of the typical Wave-5 price targets, a relatively broad
range of 6363.9-6179.5 is found to be the high-probability price zone to
complete the five-wave decline from the March 11 high. Smaller degree
and intraday price patterns may be used to narrow the price zone.
How valuable do you think it would be for you to have known on April
11, the day the Wave-3 low was exceeded, that the decline from the March
11 high was nearing completion and should not exceed the low end of the
Wave-5 target zone at 6179.5? On April 14, the DJIA made a low at
6315.8, right within the price zone of 6363.9-6179.5 projected to complete
the Wave-5 low.

Price Projections Are Quick and Accurate With Dynamic Trader

Price projections are quickly and easily completed with the Dynamic
Trader software. The Dynamic Trader Trading Course which is included
with the software program has a complete chapter on Practical Elliott
Wave Analysis plus a chapter on Dynamic Price Projections. These
chapters include Guideline Tables that allow the user to quickly identify
the Elliott Wave position and know which price projections and ratios to
use for each projection.
If you have not received our 32 page booklet which describes all of the
comprehensive features of the Dynamic Trader Software and Trading
Course , e-mail us with your mailing address today, and we will send this
comprehensive information out to you immediately.

Dynamic Traders Group, Inc.

6336 N. Oracle Suite 326-346
Tucson, AZ. 85704
(V) 520-797-3668
(Fax) 520-797-2045
(E-mail) dt@dynamictraders.com
(Web) www.dynamictraders.com

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