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Date/Time: Thu, 16 May 2024 12:27:33 +0000



Post From: Point & Figure Chart is drawn incorrectly

[2018-04-30 21:59:10]
BeardPower - Posts: 51
> We recommend to create your own custom version of Point and Figure bars using either the ACSIL custom chart bars capability or modifying the older existing Point and Figure study.

Sure, and the availability of the source code of the studies is much appreciated!

> We cannot change the existing chart bars because it is not believed to be wrong from our perspective, and there is a reliance on how it works.

I understand and I can't judge why it's believed to be correct from your perspective. I can only tell you, that it's incorrect based on "The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method 2nd Edition by Jeremy du Plessis", which is the standard reference on this topic, and my experience with other charting tools.
Date Time Of Last Edit: 2018-04-30 22:05:11