2011년 7월 28일 목요일

Elliott Pattern Helper (EPH) QuickStart

1. Download EPH Excel Add In

2. Move downloaded Add In file to your Excel AddIns directory
  • For example, if you use Excel 2007 (or later) on Windows 7, the directory may be 'C:\Users\XXXX\AppData\Roaming\Microsoft\AddIns' where 'XXXX' is your Windows 7 login name.

3. Open Excel and install Elliott Pattern Helper Add In
  • For Excel Add In installations, follow Excel's Help.
  • After installing EPH, check whether EPH context menus are created properly.


4. Load data
  • Using your home trading system software, feed stock price or index data to your Excel sheet.

5. If needed, change high, low and date labels appropriately.
  • (Context Menu) → 'Data Helper' → 'Label Setting'



6. Execute Batch
  • (Context Menu) → 'Helper Batch' → 'Batch with S' or 'Batch with B'

  • Sheet with name 'EPH' will be created as shown below.

 ※ Cells in column B contain average values of highs and lows
  1. Identified monowaves, whose start and end points are colored cells.
  2. Neely's rule and condition of monowaves
  3. Structure and progress labels of monowaves, which are possible candidates
  4. Proposed descriptions of labels
  5. Chart with candidate labels

  • (Context Menu) → 'Helper Batch' → 'Batch for weekly'
  • Sheet with name 'EPH_w' will be created as shown below, which contains weekly data and chart generated automatically from daily data.



  • Sheet 'EPH' can be generated step-by-step using menus other than ones in 'Helper Batch'. 
  • First execute (Context Menu) → 'Data Helper' → 'Prepare Data', second  (Context Menu) → 'Data Helper' → 'Make monowaves', third (Context Menu) → 'Pattern Helper' → 'Find Labels', and (Context Menu) → 'Pattern Helper' → 'Elliott Chart', then you will have the same 'EPH' sheet as the one shown above.

7. Analyze structure and progress labels of a monowave
  • On a cell containing 'Rule and Condition' data, i.e., column E, execute (Context Menu) → 'Pattern Helper' → 'Wave Structure'.

  • Small chart with structure and progress labels of the selected monowave will be created as shown below.


8. Check smaller portion of whole chart
  • Make a selection on column C and execute (Context Menu) → 'Pattern Helper' → 'Elliott Chart', then smaller chart containing selected waves will be created.



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