To: AnnieO who wrote (2546 ) 6/17/1999 6:05:00 PM From: bob wallace Respond to of 17977
AnnieO thanks for your reply - I just put out a feeler and I am surprised by the response. I have to figure out how to package it to get it distributed, and I was thinking of charging $25 for it - which I hope is a nit here's the outline of what it does, email questions are welcome Point and Figure Charts for QFeed Current program has the following features: 1) 1 box reversal (changes to this would take some time), based on the closing price of each bar - high and low is not generally used in intraday charts, and using only the close avoids many weird spikes resulting from out of range ticks 2) box size defaults to 1/4 for stocks under $100, 1/2 for stocks over $100 (this would not be too hard to change to another scale or be user definable) indicies default to $2 boxes 3) each PnF chart is a floating window - some PnF charts are very small and can be stuck in various odd corners around your screens - others are very large, and the left side of them can be pushed off to the left side of your screen, allowing you to view only the right side of the chart. small PnF charts can be stacked on top of larger charts and both can be viewed without difficulty. Since they are individual windows, each chart appears in the task bar, and the chart may be minimized 4) the initial list of symbols to be tracked is read from a text file at start up. additional symbols can be added to the list at any time manually. the PNF chart is based on 301 minute bars of any size [default 5 minutes] 5) PnF charts are displayed by typing the symbol in an entry box, or by double clicking a symbol list 6) PnF charts are closed by clicking the "X" in the upper right of the chart window 7) Right now there is a maximum of 9 charts, but only because the screen begins to get cluttered with more. The largest number of stocks ever tracked is about 50 - there is some overhead associated with the program because every tick is processed and the charts are continually redrawn - there is minimal overhead if a PnF chart is not active 8) one trend line may be drawn on the PNF chart - believe me, it is primitive compared to QCharts! 9) prices are printed on the right side of the screen. price displayed is the lowest price of the box - a new box is not displayed until price has completely moved through the new box, up or down - as a practical matter this means that the price can move in a range as much as 3 x boxsize without printing a new box also displayed on the right hand side is the symbol, so that if the left side of the chart is moved completely off the screen you can still tell which stock it is 10) one inconvenience is that the chart window first appears in a fixed size, it must be manually resized to view the entire PnF chart (or manually reduced if it is a small chart) - am working on fixing this Apart from all the mechanics of getting a chart up and running, the charts themselves are accurate