Point and Figure Charting : Volume On X's Or O's !

[omrangassan 10]

Point and Figure Charting : Volume On X's Or O's !

 

I'm looking for a software that has Point and Figure Charting with the function abilities to code such indicator that do this on the P&F Chart ..

 

I really want to have a help about coding an indicator that doing like this :

 

P&F Charting draws columns of X's and O's , and during forming such X's or O's there will be volume which represent the tick volume happens through such forming ..

 

 

Again : I'm talking about the Ticks that happens through the building of each X or O as an individual entity , not talking about the Whole column of X's or O's.

So : I'm asking about an indicator that counts the Ticks that happens through the forming of each individual X or O , Not the Whole Column of X's or O's.

My cheers ..

[walterw 10]

Omran : as to my knowledge it doesnt exist such thing, and I dont know if TS could be capable of showing such information on a chart... now your idea its very very interesting, because you would combine a very sutil volume analisis with P&F... I think that such an idea would need to be developed on a stand alone aplication with external data feed compatibilty like an esignal data manager... obviously that will require a professional programmer...

[omrangassan 10]

Hello

 

I know that we can make it , pal's ..

 

Just , I wish to get some help and ideas ...

beleive me ..

 

waiting more contributions

[BlowFish 10]

How would you display the volume? You cant put it on the X axis (as you only have 1 space per column) and you can't put it on the Y axis (as you only have 1 space per row).

 

I would hazard a guess there is/are P&F ELD(s) knocking around somewhere that you could probably modify.

[omrangassan 10]

How would you display the volume? You cant put it on the X axis (as you only have 1 space per column) and you can't put it on the Y axis (as you only have 1 space per row).

 

I would hazard a guess there is/are P&F ELD(s) knocking around somewhere that you could probably modify.

 

 

 

The solution is to write the volume as a number inside each X or O ..

 

What is the P&F ELD(s) ?

 

Have you got any ideas to help ?

 

 

I still look for a constructive Help ...

[nickm001 10]

Check out Ant's Market Delta indicator. It has some elements of what you are looking for. It shows volume per price, but it is not P&F chart. It might be a good start.

[omrangassan 10]

Check out Ant's Market Delta indicator. It has some elements of what you are looking for. It shows volume per price, but it is not P&F chart. It might be a good start.

 

Hello ..

 

Where can I find : Ant's Market Delta indicator ?

Where can I read about it ...

 

 

I still favour to include the concept of P&F Charting as it compress that whole data of the BIG PICTURE in a small view ..

 

 

thanx

[Guest cooter]

Try the search function on the website:

 

http://www.traderslaboratory.com/forums/search.php

[BlowFish 10]

The solution is to write the volume as a number inside each X or O ..

 

What is the P&F ELD(s) ?

 

Have you got any ideas to help ?

 

 

I still look for a constructive Help ...

 

ELD is the format of easy languages script files. Sometimes called ELA's which was an older format.

 

Rather than write numbers (that are hard to digest) why not use different shading to represent the intensity of the volume? You could have a background behind '0' go from a very pale red to dark red and 'X' go from pale blue to dark blue for example. That also preserves the symetry of the O and X which I think is important. You would need pretty large boxes to print maybe a 4 or 5 digit number in. Just athought.

 

I am guessing you don't want to pay for this? I came across a couple of guys who sell P&F software for tradestation. They may change there stuff if they could see it adds value towhat they are selling.

 

Cheers.

[BlowFish 10]

Oh btw I am guessing that English might not be your first language but by saying that you are still 'looking for constructive help' it kind of implies that the help you are getting is not constructive. This is not the best way to get people to continue to assist you.

 

Cheers.

 

Edited to add smilies don't wanna stir anything up :):):):)

[omrangassan 10]

ELD is the format of easy languages script files. Sometimes called ELA's which was an older format.

 

Rather than write numbers (that are hard to digest) why not use different shading to represent the intensity of the volume? You could have a background behind '0' go from a very pale red to dark red and 'X' go from pale blue to dark blue for example. That also preserves the symetry of the O and X which I think is important. You would need pretty large boxes to print maybe a 4 or 5 digit number in. Just athought.

 

I am guessing you don't want to pay for this? I came across a couple of guys who sell P&F software for tradestation. They may change there stuff if they could see it adds value towhat they are selling.

 

Cheers.

 

 

it seems that you got my idea ...

It would be nice idea if you can share more thoughts ..

 

take your time ..

[BlowFish 10]

The guys I had in mind where

 

Point & Figures DLL Pierre Orphin

 

and

 

SnapDragon Systems Limited Adam Hartley

 

I have never used them there porducts or services but they offer a standard P&F solution for tradestation that they may modify for you as they do bespoke too.

 

I also came across some metastock code that might possibly be converted. I'll search for the link later.

 

Also There are also a couple of people that do inexpensive standalone P&F software they tend to read data from ascii or metastock files (I.e. no real time data feed) maybe they might include volume by request?

 

The more I think about it the more I like the idea of what you are trying to visualise though Id go with colors myself :-)

 

Cheers.

[omrangassan 10]

The guys I had in mind where

 

Point & Figures DLL Pierre Orphin

 

and

 

SnapDragon Systems Limited Adam Hartley

 

I have never used them there porducts or services but they offer a standard P&F solution for tradestation that they may modify for you as they do bespoke too.

 

I also came across some metastock code that might possibly be converted. I'll search for the link later.

 

Also There are also a couple of people that do inexpensive standalone P&F software they tend to read data from ascii or metastock files (I.e. no real time data feed) maybe they might include volume by request?

 

The more I think about it the more I like the idea of what you are trying to visualise though Id go with colors myself :-)

 

Cheers.

 

 

hi there ..

thanx BlowFish for all the ideas you come up with ..

 

regarding the first two links .. How can we improve it to include the volume in as i have asked ?

 

regarding the metastock code .. what does it do exactly ?

 

Oooooh : Whom are those the two new guys ?

 

It seems that you get me right , still wish to do it ..

 

 

cheers man

[LS_Chad 10]

Is this something along the lines of what you're looking for:

 

Images | ChartHub.com

 

 

Very easy to do in MarketDelta. That chart shows volume at price. The X's and O's are optional. You can show trades at each price as opposed to volume at each price. You can display the volume or trades as a histogram instead of text. Alot of flexibility in this area.

 

One note on the chart above...I'm sure you'll notice that often the lowest X or the highest O does not have any volume associated with it. That is just the nature of PNF bar formations. A bar of Os will continue to form (and the volume will continue to flow to the O bar) until price moves to the reversal price. The first tick at that reversal price will start the new bar/column of Xs. However, the instant the X bar begins, 3 X's are automatically draw even though we've only traded at once of those 3 prices. Price may not trade back down to where the lowest X was printed and often doesn't. I hope this is clear.

 

Chad

[LS_Chad 10]

This is also available in Investor/RT, but only in histogram format showing relative volume at price within each bar (via the Profile Indicator):

 

Images | ChartHub.com

 

[apfx 10]

You can do that in Amibroker

[Stock.Jock 10]

I'm not familiar with the C# programming language, but attached is a file with all the chart types for NinjaTrader 7 and PnF charts is included. If you or someone you know can isolate the PnF code, you have somewhere to start in developing your code. NinjaTrader uses NinjaScript which is C#. See attached file. Personally, I'd like to see someone develop the code for the Wyckoff PnF charts for NinjaTrader. The Bar type code is located in My Documents / NinjaTrader 7 / bin / custom / type / @BarTypes.cs

@BarsTypes.txt

[Stock.Jock 10]

Attached are several PnF indicator codes for Amibroker in AFL code in a zip file. These also can be used as examples on how to program your code in whatever programming language you plan to use. It would be good to have PnF chart code for the Wyckoff method in AFL code also.

P&F Chart AFL Code.zip

[Stock.Jock 10]

Attached is an MS Excel spreadsheet with Point and Figure calculations done in VBA module.

pnf.xls

[EURUSD 10]

Personally, I'd like to see someone develop the code for the Wyckoff PnF charts for NinjaTrader.

 

I can't understand what's for you need to develop such code for Ninja. because in chart preferencies somewhere in data series choose point-&-figure chart & you'll have the chart in the form of point&figure...

 

if I've understand correctly you question...

 

or Wyckoff PnF chart differs from that one in Ninja?