PureBytes Links
Trading Reference Links
|
I have suddenly found that there is desperate gap in my understanding of
point and figure charting or there is a common problem with computerised
point and figure charting.
I do a lot of trading in small caps in the Australian market, therefore
I use 1 cent boxes on three box reversals. I use Metastock 6.52 as my
charting software.
Here's the situation, actual figures of Goldfields Limited today. Open
$1.227 High $1.50 Low $1.227. The column prior to today is O's column
with bottom of today's
open. The properties in the chart are set up for H/L point & figure, .01
box (1 cent) and 3 box reversal. Under this configuration today's range
will not plot. Today's range won't plot until I make the boxsize .03 (3
cents). I thought another bug in Metastock, so using the same data,
plotted in the shareware Parity 1.5 and got the same result.
27c turnaround 1c box on 3 box reversal, where is my column of x's?
Someone please help.
Rob
|