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Pyrapoint Gann Oriented System -> Could it be added by Sierra Chart Developers?

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[2014-07-18 15:54:26] #1 [Go To First Post]
User75277 - Posts: 33
I have used TradeStation, eSignal, Ninja, Ensign Windows and Ensign. I have liked and been with Ensign longest; but after using Sierra Chart for only several months at TransAct/Infinity I am switching to Sierra Chart for all of my trading. It is hands down the most complete and fastest of all except for one missing thing: Pyrapoint. Don Hall, who has been trading for well over 40 years, developed the Pyrapoint system and has written a great and detailed book about trading with the Pyrapoint method. Since reading his book years ago and using his system for years, I have gotten to know him. He does not have a trading room but does send emails to interested subscribers; at least once a week or more, Don backup up his Pyrapont principles with real market examples. But, what I am asking you here at Sierra Chart is: Why Pyrapoint is not part of Sierra Chart? Pyrapoint IS offered in eSignal, TradeStation, Ninja and Ensign/Wnsign Windows as a free tool. Don gave specs and permission to each of these companies on the tool and each has implemented it quite well. The only thing Don has asked is just use of the charting software with an unrestricted (non-payment) license for his computer. It has worked out well as all chart vendors have done this except Ninja which has reneged on the agreement while they still offer the Pyrapont tool to users of their charts. I am still using Ensign for my Pyrapoint, but can not use it on the Sierra Charts that I am trading from. I would consider it a big plus to me if Pyrapont were among the Sierra Chart tools. It would be one more selling point for Sierra Charts. I can tell you how to contact Don if you are interested.

[2014-07-21 22:06:00] #2 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
This is not something we foresee adding any time soon. We have too many other things to do which are much higher priority which have a more broad-based need. Thank you for the comment: . I have liked and been with Ensign longest; but after using Sierra Chart for only several months at TransAct/Infinity I am switching to Sierra Chart for all of my trading. It is hands down the most complete and fastest o Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2014-07-21 22:07:08

[2014-07-21 22:28:24] #3 [Go To First Post]
crazybears - Posts: 314
Hi Could you post some examples

[2014-07-22 21:23:47] #4 [Go To First Post]
User75277 - Posts: 33
Thanks Crazybears for your reply, Actually Pyrapoint is a simple Gann geometry thing --- you developers would have not problem with this very, very useful tool. Here are some examples ATTACHED. I can send you an electronic copy of Don Hall's book if you want. Also, don is reachable by email and phone if you want to contact him. I know of at least dozen traders who would move from Ensign/TradeStation if you had it. I forgot to mention that it is also on RealTick (MB Trading) and MetaTrader in addition to Ensign, Ensign E10, Tradestation, Ninja and eSignal. Let me know if you were able to see/understand the charts.


CHART # 2046 ZFH4 4 MIN 5 YR BOND 1-15-14.jpg / V - Attached On 2014-07-22 21:15:57 UTC - Size: 108.93 KB - 1468 views CHART # 2048 ZFH4 5 YR BONDS 1-24-14.jpg / V - Attached On 2014-07-22 21:17:09 UTC - Size: 78.45 KB - 1403 views CHART # 2051 SOYBEAN BREAK D 3-16-14.jpg / V - Attached On 2014-07-22 21:17:25 UTC - Size: 106.45 KB - 1813 views CHART # 2066 BEAN OIL DAILY 4-11-14.jpg / V - Attached On 2014-07-22 21:17:40 UTC - Size: 155.45 KB - 1061 views CHART # 2073 YM ONE MINUTE 6-10-14.jpg / V - Attached On 2014-07-22 21:18:42 UTC - Size: 96.19 KB - 3519 views CHART # 694 ES #F EOS 90 DEG STUDY .png / V - Attached On 2014-07-22 21:19:21 UTC - Size: 133.03 KB - 1184 views

[2014-07-27 22:06:45] #5 [Go To First Post]
crazybears - Posts: 314
Hi thanks for your chart ,i don't know it is it related to gann grid study ? under tool you can find gann grid Date Time Of Last Edit: 2014-07-27 22:08:12

[2014-07-31 04:15:23] #6 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
One comment "crazybears" is not with Sierra Chart. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing

[2014-09-12 11:51:45] #7 [Go To First Post]
User75277 - Posts: 33
I have "played with" the SC Gann Tool and it has many limitations which hinder its use in substituting for the Pyrapoint tool which is implemented on Ensign, Ensign10, MB/Realtick, Tradestation, Ninja, eSignal and Metastock. Here are some words by Don Hall creator of Pyrapoint: By way of introduction, I am Don Hall, and my reason for formulating Pyrapoint is to accurately track, and indeed project, movement of markets as reflected across the Pythagorean Cube. The ancestry of Pyrapoint would date back to 1956, when I began hedging in a Commercial Grain Elevator that I owned. I became an ardent student of W.D. Gann, seeking to unravel the very accurate market cycles that were credited to him. By further introduction, I have been a principal in a Commodity Trading firm, Alpha Systems, have held a seat on the CBOT while an acting Principal in a commodity trading firm, and have carried a CTA license---all past history. Of special interest to me has been the tracking of W.D. Gann's famously supervised trip to the "trading pit" in Chicago, where he was recorded as making some 87% profitable trades on nearly 200 trades. It became especially important to me when I learned, first hand, from Gann’s next-desk trading associate, Rhinalto Alghini, that the only tool that Gann took to the pit for the test was a miniature "Square of Nine". Gann called this his "Master Calculator". "Reno" became a personal friend as well, as we were both members of ACE (Astro-Cycle Exchange) a group of 50 designated for advanced cycle studies in Chicago. Although I find no record of Gann's acknowledgment of it, in reality the "Square of Nine" is a Pythagorean Cube (P.C.), A SQUARE ROOT CALCULATOR. I am told (again first-hand) by my mentor in Cairo, Fuad El Zahaby (while I was studying in Egypt in the Mid-seventies) that it was an early Egyptian Calendar, a basic mathematical tool, and very instrumental in the construction of the Great Pyramid. I had long known the "mystic" action of price between the significant diagonals located upon the face of the Pythagorean Cube. This was especially true for support and resistance as used by Gann in very expensive seminars where he was teaching the significance of the 45 degree angle, as well as the multiples and divisions per his analogy as applied to the square root calculator. We feel that it is especially significant that Gann called 90 degrees his "Pattern Chart". One quick note of support: when one becomes convinced of the validity of the square root influence in market moves, one will realize the value of the square of nine (Pythagorean Cube) in the pit with W.D....MARKETS MOVE IN SQUARE ROOT INCREMENTS! To get a quick idea as to how Gann knew how to use the square root calculator, take ANY number on the P.C., advance 90 degrees on the face of the "Cube", count the digits to that point, and you will have the square root of your beginning number. Every number on the P.C. designates an angle for this calculation. Without further belaboring the point, one can see how Pythagoras and the Hypotenuse Rule opened the door for Pyrapoint: on a right angle axis, where price is the vertical angle and time is the horizontal angle, the relationship of Price and Time's "squaring" is always expressed on the hypotenuse---and always 90 degrees. THUS: BIRTH OF THE PYTHAGOREAN DIAGONAL (P.D.), a most mystic trend line (AND CHANNEL!) Our prejudice is reflected in our expressed assumption that the "only trend lines that carry a high accuracy history are those that coincide with the Pythagorean CALCULATED trend lines---i.e. THE PYTHAGOREAN DIAGONALS". This is the plight of Pyrapoint: The Code counts time, plots price, and gives objectives for each---all calculated (and oh, yes, with targets supporting VERY close stops). I personally feel that it is the only way that I can afford to enter today's markets. Thus: WE ARE CHANNEL TRADERS, YIELDING US CALCULATED TARGETS, EXACT STOPS, AND EXACTLY-DEFINED PRICE HIGHWAYS TO INDICATE EXACT TREND CHANGES. A support library of some 1000+ charts has been developed to prove our commitment to the Pythagorean Diagonal Concept, (the PD’s). Attached is an illustration of Pyrapoint in Ensign. Here are some links to understanding Pyrapoint time/price relationship: http://ensign.editme.com/t13trend and here is a link a correct implementation of Pyrapoint in Ensign: http://ensign.editme.com/pyrapoint and here is a link to how square root theory helps forecast price: http://ensign.editme.com/t14square Don will share his Pyrapoint concept with Sierra Chart freely if you contact him and let him be a user of Sierra Chart for verification of correct implementation and use: pyrapoint1@earthlink.net


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[2014-09-13 15:30:33] #8 [Go To First Post]
vegasfoster - Posts: 444
-1 If you search Pyrapoint, then you will find after many years there is virtually no following for this. There are other features that would benefit a majority of SC users that we are waiting for.

[2014-09-13 17:49:33] #9 [Go To First Post]
User75277 - Posts: 33
Hi Vegasfoster, Well, I appreciate that you do not see its value and want some other features. However, I know of a number of traders who use Pyrapoint and do want it on SC. However, this is not so bad for you because the Gann Tool in SC is working and it does not have to be changed much to make it into Pyrapont. Also, you should consider looking at Pyrapoiint if you are are trader. If you have been trading a long time (like I have) you might find that it is quite useful.

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