Support Board
Date/Time: Thu, 27 Feb 2025 09:14:04 +0000
[User Discussion] - Point & Figure Chart
View Count: 832
| [2021-06-23 01:44:02] |
| 58LesPaul - Posts: 429 |
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Has anyone had any luck creating a P&F chart that projects a move accurately? I've tried the P&F bar type and the P&F study and all box sizes and can't get anything to accurately project a move consistently. IDK what I'm doing wrong. Thanks |
| [2021-06-23 16:17:24] |
| User90125 - Posts: 715 |
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Show your work then. What exactly does your chart look like? And what does a proper PnF chart look like to you? |
| [2021-06-23 21:44:54] |
| 58LesPaul - Posts: 429 |
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Here's my 40 tick(10 point) x 1 P&F chart. When I measure across at the last point of supply I get 15 boxes x 10 points is 150 points. 4145 + 150 = 4295 and of course it only reaches 4260ish. I have tried 1x1, 4x1, 8x1, 12x1, 16 and 20x1, and nothing works well consistently. I'll have one that comes close but look at others and they don't come close. I would like for the measurements from last point of supply to project the distance of the move, at least come within 5 points. I am trying to follow Wyckoff and use his P&F chart style for projection of move. Date Time Of Last Edit: 2021-06-23 21:47:26
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 SPX500[M] 60 Min #1 2021-06-23 16_38_29.185.png / V - Attached On 2021-06-23 21:44:49 UTC - Size: 39.68 KB - 295 views |
| [2021-06-24 13:54:52] |
| 58LesPaul - Posts: 429 |
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Something else I’ve noticed, if the above chart is a 10 point(40 ticks) P&F, why is the price scaling show 5 points for each box size?
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