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Date/Time: Mon, 20 May 2024 01:27:09 +0000



Post From: Reversal Bars

[2016-01-07 15:39:49]
User884307 - Posts: 173
I have read all the posts regarding this topic being the same as P&F but better, but cannot find any comparison between the two, that is within Sierra Charts.

On Marketdelta, when you display Reversal Bars you have the option to display along with the bars a marker that states that if it was a point and figure chart then it would be an X or an O, this marker I think has logic in it so that say for example you have a 5 tick reversal bar, you can display the marker that will tell you if it is an X or O based on the settings you input i.e. number of boxes and number of box reversal.

Or alternative would be within the chart>settings>draw graph type when you select the P&F XO you have inputs that control the box size/reversal boxes etc as at present when you select this bar display it display Os and Xs according to what the chart is displaying i.e. you can have a series of Os if price is down which is meaningless and useless which makes the display option of XO at present completely irrelevant.

Its not a big deal and would make reversal bars in Sierra AS USEFUL as they are in Marketdelta.

Thanks :-)
Date Time Of Last Edit: 2016-01-07 15:42:03