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Re: GEN - Point & Figure



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In a message dated 98-05-11 09:26:15 EDT, Peter 2150 writes:

<< In a message dated 98-05-11 06:22:03 EDT, BobRABCDEF@xxxxxxx writes:
 
 > Does anyone know of a point and figure ELA function for TS V4 that can be 
 > used
 >  in programming point and figure indicators?  
 >  For example: 
 >  Plot1(P&F(RSI(C of  DataX),"");
 >  
 >  Or, does anyone know if TS V5 has this P&F capability?
 
 
 Bob
 
       Why not just put the standard indicators on a point and figure chart.
 
                    Pete >>
Yes, you could do that, but if you do the P&F of the indicators you can
compare overbought oversold patterns as is done at
http://www.dorseywright.com.  

Attached is an example of your idea with a conventional indicator on the p&f
chart.  

BobR

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