Login Page - Create Account

Support Board


Date/Time: Wed, 22 Jan 2025 13:11:32 +0000



Post From: Point and Figure chart shows a two box reversal when configured for three

[2018-09-17 01:34:54]
opmetal - Posts: 70
Here is a screenshot of many two box reversals from the past few days on CL. I've noted the dates and times that were displayed by the cross-hairs for each instance. http://www.sierrachart.com/image.php?Image=1537147602423.png

I've always had New Bar at Session Start disabled and these reversals definitely do not occur at the start of a trading day. For comparison, looking at the same time period on a chart with the Point and Figure study (with identical chart settings) does not cause two box reversals.

For reference my session times are:
Start Time 06:00:00
End Time 13:59:59
[x] Use Evening Session
Evening Start 15:00:00
Evening End Time 05:59:59