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Date/Time: Mon, 24 Feb 2025 09:56:59 +0000



Post From: Point & Figure Bar is not displaying the OHLC option correctly

[2021-03-08 00:59:56]
MMX - Posts: 119
I want my Point & Figure chart to display bars rather than the X's and O's. You've made it very clear numerous times in the P&F documentation that the newer Point & Figure Bar is better than the P&F study. In the Graph Draw Type box I've selected OHLC, I've selected HL, and what you get is hardly recognizable as a P&F chart. Frequently you'll have 2 or 3 blue bars in a row, 2 or 3 red bars in a row, P&F is supposed to consistently alternate between the 2 colors. Also, when choosing the OHLC draw type, you don't get the "rounding" off of the highs and lows, like in a congestion, where the tops of 4 blue bars are identical, the bottoms of 4 red bars are identical, what gets displayed instead is just an everyday bar chart with minor differences in the highs and lows of the congestion. Neither one of these issues occur when you are using the Point & Figure Bar with the Point and Figure XO draw type selected. I'm presently using the P&F study, but I'd much rather be using the one that's "highly recommended" "more efficient" "more accurate". Thanks.