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Direct MessagesDate/Time: Sat, 27 Apr 2024 02:52:57 +0000
Point and Figure Chart Requests
View Count: 1330
| [2015-12-01 05:11:36] |
| User15414 - Posts: 20 |
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I would like to request the point and figure charts use close only as an option and the ability to place 45 deg trend lines.
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| [2015-12-01 10:25:44] |
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We will see about this Point and Figure Chart request. Also to draw a 45° line, refer to this section here:https://www.sierrachart.com/index.php?page=doc/doc_Tools.html#Angle 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 |
| [2015-12-01 20:32:59] |
| User15414 - Posts: 20 |
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So to get an accurate grid to place a 45 degree line on my point and figure chart with a box size of .0005 (5 pips) I would set currency value per tick to .0001 ( 1 pip) and value increment per bar to 5?
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| [2015-12-01 20:56:26] |
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What would you consider one unit of price? .0005?
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 |
| [2015-12-01 22:28:18] |
| User15414 - Posts: 20 |
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.0005 ( 5 pips ) is my box size for the point and figure. This is for forex. I have set my tick size to .0001 ( 1 pip ) in chart settings >> main settings >> tick size: Then I set currency value per tick to .0001 ( 1 pip ) in chart settings >> advanced 2 >> currency value per tick: Finally I set value increment per bar in ticks to ( 5 ) in chart settings >> advanced 2 >> value increment per bar in ticks: These seem to be the right settings for accurate 45's. Also I am noticing that on my 3 box reversal chart I am getting 2 box reversals sometimes instead of 3 and this is happening on all my 3 box reversal charts. Attached file. Date Time Of Last Edit: 2015-12-01 22:34:13
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 2015-12-01_14-26-04.png / V - Attached On 2015-12-01 22:27:28 UTC - Size: 18.27 KB - 278 views |
| [2015-12-02 19:10:17] |
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Yes, those settings are correct for a 45° angle. You cannot look at the number of boxes in a column to determine the reversal amount. What you see is normal. Here is the documentation for how the study works: http://www.sierrachart.com/index.php?page=doc/doc_TechnicalStudiesReference.html#s140 If the study were to not allow a reversal until there are the number of boxes in a column which equals the reversal amount, there would never be a reversal under some conditions. It would not make any sense. 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: 2015-12-02 19:16:51
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