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Direct MessagesDate/Time: Mon, 06 May 2024 11:27:29 +0000
Questions about P & F
View Count: 1486
| [2017-01-22 19:06:38] |
| User15414 - Posts: 20 |
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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. |
| [2017-01-22 20:39:17] |
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You first need to read the documentation for the Bar Period Type >> Point and Figure Bar here: Chart Settings: Point and Figure Bar (Intraday Charts) 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 |
| [2017-01-22 20:56:11] |
| User15414 - Posts: 20 |
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I have read that documentation. I am just wondering why I have to enter the box size and reversal size in the Bar Period Type box as well as the study. What if I enter different sizes for the study and Bar Period Type?
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| [2017-01-22 20:58:26] |
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When you are using the Bar Period Type >> Point and Figure Bar, you must not use the study at all. This is not going to make 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 |
| [2017-01-22 21:43:37] |
| User15414 - Posts: 20 |
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I have removed all studies and am only using the bar period type point and figure with graph draw type point and figure and I have a 5-3 in the chart settings but I am getting single box reversals. My tick size in chart settings is .0001 for the eurusd.
Date Time Of Last Edit: 2017-01-22 21:44:24
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 2017-01-22_13-38-59.png / V - Attached On 2017-01-22 21:44:09 UTC - Size: 39.17 KB - 242 views |
| [2017-01-22 22:28:37] |
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Uncheck Chart >> Chart Settings >>New Bar at Session Start.
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 |
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