Support Board
Date/Time: Sat, 21 Jun 2025 11:34:49 +0000
Chart bar period type
View Count: 1059
| [2022-04-30 16:21:05] |
| eaglefutures - Posts: 48 |
|
Has the documentation for chart bar period type moved to another location I'm pretty sure it used to be over here. https://www.sierrachart.com/index.php?page=doc/ChartSettings.html#IntradayChartBarPeriod_Setting I am looking for definitions on the tick and box size for PnF charts. And reversal. What's the difference in the method. |
| [2022-05-02 14:33:21] |
| John - SC Support - Posts: 40555 |
|
Sorry, we are in the process of updating the documentation for the new window style and we have to get that information back in. Here is the text from that section: For a description of Point and Figure type bars, refer to the Point and Figure Chart study. It is highly recommended to use the newer Bar Period Type >> Point and Figure Bar setting rather than the old study for Point and Figure bars. The study is only provided for back compatibility. The Intraday Chart Bar Period >> Bar Period Type >> Point and Figure Bar (in Ticks) setting supports creating Point and Figure charts directly from the underlying data in the Intraday data file. The Bar Period Type >> Point and Figure Bar (in Ticks) is more efficient and more accurate than the Point and Figure Chart study. When using this Bar Period Type, you will no longer use the Point and Figure Chart study on the chart. When the Bar Period Type is set to Point and Figure Bar, enter the Box Size and the number of boxes required for a reversal in the box below separated by a hyphen. Format: [Box Size in ticks]-[Reversal Size]. The Box Size needs to be entered in ticks. Each tick is equivalent to the chart Tick Size. The Reversal Size is the number of boxes required to reverse the current bar direction. A common setting would be 1-3. For X and O style chart bars, set the Graph Draw Type setting on the Chart >> Chart Settings >> Main Settings tab, to Point and Figure XO. The colors for X and O bars are controlled with the Bar High-Low Down and Bar High-Low Up color settings in the Graphics Settings window. For Open, High, Low, Close style chart bars, set the Graph Draw Type setting on the Chart >> Chart Settings >> Main Settings tab, to OHLC bars. The colors for the standard OHLC Bars type when using Bar Period Type >> Point and Figure Bar, are controlled with the standard color settings for OHLC bars in Graphics Settings. The true and accurate Open, High, Low and Last/Close values which represent the underlying data contained within each Point and Figure chart bar are maintained and can be viewed through the Chart Values window. The Open value represents the first price of the chart bar and would be the price that caused a new chart bar to start. The High value is the highest price during the chart bar. The Low value is the lowest price during the chart bar. The Last value is the last trade price of the bar. The volume of the chart bar will be the volume of all of the trades contained within the chart bar. When the chart bar is displayed using either the OHLC Bars or Candlestick Bars for the Graph Draw Type, the true Open, High, Low, Last values are displayed. The Point and Figure High and Point and Figure Low values which represent the top and bottom of each Point and Figure bar respectively, are also displayed in the Chart Values window. When using a study on a Point and Figure bar chart, and the study Input Data Input is set to use Last, then it is using the true last price of each chart bar and not the Point and Figure High or Low. To see an indication on the last Point and Figure chart bar where a reversal will occur, add the Point and Figure Chart Reversal Marker study to the chart. The study only works with the Bar Period Type >> Point and Figure Bar setting and not the older Point and Figure Chart study. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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