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Strategies & Market Trends : Point and Figure Charting

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To: CatLady who wrote (24702)2/23/2000 11:52:00 PM
From: Atin  Read Replies (1) of 34811
 
There are many ways to choose box sizes, and percentages definitely seem better which is why I implemented that in QPnf. There were some studies done that seemed to say that a 2.38% (which is close to the 2.33 for log charts) box size was a good one for daily charts and that is what I use. I move the decimal around for intraday charts -- like 0.238% per box etc. Average true range is a good thing too -- but I don't have that implemented automatically, but if you have the number for a stock, you can plug it into QPnf and you'll get that box size.
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