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Hello Simon Roberts,
This is great! Perhaps we can combine our efforts?
I have already posted the indicator and if you find a different or
better approach, please share it. I agree that the Flip-Flop would
be the best approach and I'll put some thought toward this method.
I simply calculated the condition required for a reversal, then
filtered out the bad signals from the real reversals.
Best wishes,
Adam Hefner.
e-mail: VonHef@xxxxxxxxxx
_____________________
-----Original Message-----
From: Simon Roberts <Roberts@xxxxxxxxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Tuesday, October 27, 1998 4:34 AM
Subject: Re: Point & Figure charts.
>Adam,
>I use point and figure all the time, trading shares. Two months ago I asked
>equis support for some help in coding the P and F trading rules into
>metastock 6.5, they said it could not be done as there is no time axis in P
>and F, which is needed for system tests in metastock. So equis said, no can
>do, so I thought there has to be a way round this.
>
>The key points on a P and F chart are the reversals when you start to plot
>in a new column. These are the points you would use in a system test.
>
>My workaround would be to plot the reversal points, as defined by P and F
>rules, but on a bar chart.
>
>To start with I would like to obtain the code for plotting a Point and
>Figure chart in MS or any other language, as the logical rules as given by
>Thomas J Dorsey in 'Point and |Figure Charting' are a little complicated.
>
> It is good to know that my odd interest is actually shared by others. My
>recent post on a flip flop indicator was part of my interest in developing
>this. Could you show me your indicator?
>
>Simon Roberts
>
>
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>
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