Support Board
Date/Time: Thu, 23 Jan 2025 15:26:11 +0000
Post From: Point and Figure Chart Update?
| [2018-11-14 22:20:44] |
| Alberto Gauer - Posts: 121 |
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Instead of opening another thread, gonna ask here since it is related to the P&F chart. I have just finished the two books on the subject by Du Plessis. He says that in order to have a precise indicator plotting on P&F charts we must use logarithmic charts, the ones where we choose a box size in % (like 1% box), instead of by points. So, in order to have this log chart in Sierra, we need to set this to YES? Box Size Percentage (%): When Use Percentage of Last Price for Box Size is set to Yes, then this Input controls the percentage that the Point and Figure Box Size will be of the last price in the chart. Then, all indicators we add to this chart will be based on the P&F chart, not the raw underlying data? When I add moving averages, PSAR, bollinger bands, will those studies be based on the plotted P&F chart?? Because the calculation is different given there is no time axis. How about the volume study? (will it display the volume for each X O column??) You guys should take a look at the P&F chart available in that Updata software, it is very good. Date Time Of Last Edit: 2018-11-14 22:22:58
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