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Date/Time: Sun, 19 May 2024 05:07:11 +0000

Post From: Questions about P & F

[2017-01-22 19:06:38] Link To Thread - Link To Post [Go To First Post]
User15414 - Posts: 20
I am trying to understand the whole point and figure setup in SC. There is the point and figure study which uses the chart settings>> tick size for defining how big each box is- in the point and figure study. If in forex tick size is .0001 and box size is 5 that means a 5 pip box. But then there is the point and figure intraday chart period in chart settings. When you set graph to this without the P&F study it does not create a P & F chart but alters the chart noticably. In the intraday chart period box it also has a default number 10-1 presumably this is the box and reversal size. For a forex chart eurusd I have set tick size to .0001. Point and Figure study to 5 tick size by 3 reversal size. Then I have set my chart settings>> intraday chart period to Point and Figure with 5-3 in the little white bar. Is this the right way to setup a Point and Figure chart? I wasn't confused until I read there is a intraday chart period to match to the p&f study.