P&F System question

["Peter Iovanella" <ivo1@xxxxxxxxx>]

Someone posted this system a while back, and I just got around to testing
it.  When I applied it to a P&F chart, however, it triggered on every single
bar.  Is there some way I should be setting up the chart so this doesn't
happen (right now it's 0.5 x 3), or is there some flaw in the code that
isn't making it behave the way it's supposed to?

Here's the code as I have it:

INPUTS: Input1(1);
VARS: Hook(0), Box(0), Start(TRUE);

{  
        for point & figure charting
        hook is a point above the market
        if the market rises thro hook, hook becomes one box higher
        if market sinks through hook - box, hook becomes 
        hook - box and so on
        initially decides to be long or short from MA
        but after that, is always in market.
        if long and price goes below hook - box, reverse to short
        if short and price goes above hook, reverse to long
}

Box = Input1;
Value2 = Average(Close, 14);

IF Start AND Value2[1] > 0 THEN BEGIN
        Value1 = IntPortion(Close);
        While Value1 < Close Begin
                Value1 = Value1 + Box;
        End;
        Hook = Value1;
        IF Value2 > Value2[1] THEN BEGIN
                BUY ("LongPos1") ON Close;
        END ELSE
        IF Value2 < Value2[1] THEN BEGIN
                SELL ("Short1") ON Close;
        END;
        Start = FALSE;
END;

IF Close[1] <= Hook AND Close > Hook THEN BEGIN
        WHILE Hook <= Close BEGIN
                Hook = Hook + Box;
        END;
        EXITSHORT ("ShortEx") ON Close;
        BUY ("RvrsLong") ON Close;
END ELSE 
IF Close[1] >= Hook - Box AND Close < Hook - Box THEN BEGIN
        WHILE Close < Hook - Box BEGIN
                Hook = Hook - Box;
        END;
        EXITLONG ("LongPosEx") ON Close;
        SELL ("RvrsShrt") ON Close;
END;