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Direct MessagesDate/Time: Mon, 13 May 2024 18:50:44 +0000
[User Discussion] - P&F chart dynamic box size
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| [2018-11-20 16:13:51] |
| User150852 - Posts: 38 |
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The p&f chart box size property is very sensitive to stock price. so setting this in the study does not work across various stocks. you do provide percentage of the last price, but this setting by nature (box size) is not linear and does not work well across stocks prices so if i connect the chart to a watchlist and go through stocks, i need to adjust the box size again and again... a. is there a way to save this value as part of the stock's data? b. or alternatively, provide more modes for auto sizes. two modes come to mind are shown here https://stockcharts.com/docs/doku.php?id=other-tools:pnf-charts (traditional and ATR based) --- extract from the site, for traditional--- Traditional scaling uses a predefined table of price ranges to determine what the box size should be. The table was originally created by the people at ChartCraft and later popularized by Tom Dorsey in his book ”Point & Figure Charting.” Price Range Box Size Under 0.25 0.0625 0.25 to 1.00 0.125 1.00 to 5.00 0.25 5.00 to 20.00 0.50 20.00 to 100 1.00 100 to 200 2.00 200 to 500 4.00 500 to 1,000 5.00 1,000 to 25,000 50.00 25,000 and up 500.00 |
| [2018-11-21 15:11:29] |
| Alberto Gauer - Posts: 121 |
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Hey brother, hope all is good. Do you happen to know a easy way to calculate the target projection in a log chart? I still haven't figure it out. On the arithmetic is easy, but when using a 1% box size, for instance, how to do it? If you know it, can you please explain to me easy steps to do it on a calculator? It is a shame that Sierra do not have a target projection feature... And I believe that the support won't answer your request as it is tagged "user discussion"... They don't have plans of touching on the P&F code ever again, I had asked about some features a while ago and the answer was a big no, what a shame. Date Time Of Last Edit: 2018-11-21 15:14:15
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