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Direct MessagesDate/Time: Mon, 20 May 2024 01:16:05 +0000
Post From: Reversal Bars
| [2016-01-11 02:25:50] |
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There are two parts to Point and Figure Charts. There are the calculations to create the bars themselves and then there is the actual drawing of them. We are not saying Reversal bars are better. They are similar but a little different. The documentation expresses those differences. But basically the main difference has to do with the open price. What we are saying, is that the use of X's and O's for the drawing purpose is very antiquated. And certainly there is a better way to display these. So it seems as though someone should consider a better method to do this. We have some ideas but we do not know exactly what users would find best. Is it that you want to see very easily visually, that a particular bar was the result of a reversal from either the High or Low on the prior bar? Anyway, we now have this solved: http://www.sierrachart.com/image.php?l=1452478913718.png But we still think there is a much better drawing method. The current method is >100 years old and meant for graph paper. 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: 2016-01-11 02:27:12
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