Simple Trading System Signal

[BlowFish 10]

you can check out this

Point & Figure Simulator

http://www.traderslaboratory.com/forums/f46/point-figure-simulator-6281.html

 

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Ooo having something to plagiarise might just be the impetus I need

[sneo 10]

I believe TradeStation 8.5 onwards has improved Point and Figure charting which added the option to choose typical High/Low or Close and One-Step Back for 1 box plot. Since using both TS8.7 and Bull'sEye, I still believe BE is better for analysis since we can switch products and box size much more easily than TS.

[winnie 10]

I agree that bull eye is the best for point and figure chart

[Karish 10]

As in bar chart choosing different bar period generates different signal, also in PnF charts setting box size & number box for reversal would generate different signals.

I am wondering if someone is able to identify the magic calculation between the asset and its box size and, box to revers

[winnie 10]

Strongly agree with you. I found that using 0.5 to 0.7 of 50 day daily range normally would give good result

[BlowFish 10]

As in bar chart choosing different bar period generates different signal, also in PnF charts setting box size & number box for reversal would generate different signals.

I am wondering if someone is able to identify the magic calculation between the asset and its box size and, box to revers

 

You need to look at it from the other side imho. Ask yourself what sort of size moves do I want to identify and trade? This determines your box size. How much 'confirmation' do you require? That determines your reversal size. i.e. if you are trying to capture 100 point multi day moves a 1 point box 2 point reversal will not serve you well (an vice versa). There is no magic calculation just as there is not a magic bar size for time based charts. Its a data sampling issue. You need to sample the data in a suitable day to reveal what you want to see and filter what you do not.

[MightyMouse 12]

Ooo having something to plagiarise might just be the impetus I need

 

Plagiarism is a form of flattery