SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Atin who wrote (24685)2/23/2000 1:07:00 AM
From: Smooth Drive  Read Replies (1) | Respond to of 34811
 
Hello Atin,

Here's something of interest. I noticed my 2.38% box hand charts are different than yours. I checked them against Ben's program and they are the same. Ben and I go to 5 digits and you're rounding to the hundredth -- but our numbers are different. Here's my MSFT chart:

124.81455
121.91302
119.07894 X
116.31074 X O X
113.60690 X O X O
110.96591 X 1 X O
108.38632 X O X O X
105.86669 X O X O X O
103.40564 X O   O 2 O
101.00179 X     O X O
98.65383  X     O X O
96.36045  X     O   O
94.12039  C         O
91.93240  X          
89.79527  X
87.70782  X
85.66890
83.67738

Your program:
119.62 X
116.84 X O
114.12 X O X
111.47 X O X O
108.88 X O X O X
106.35 X O X O X O
103.88 X O X O X O
101.46 X O   O X O
99.10  X     O X O
96.80  X     O   O
94.55  X         O
92.35  X
90.20  X
88.11  X

I pay particular attention when a column of X's or O's exceeds the previous column of X's or O's buy 3 or more. That changes my short term from bullish to bearish or bearish to bullish. You'll notice that Ben's chart and mine changed to short term bearish at 96.36045. Never got there with yours. Your box sizes appear to change with each chart even though I'm set at 2.38% They shouldn't.<g> (At least the way I choose to use % boxes.)

If I start with .01 and increase each box buy 1.0238 and round to the hundredth the numbers are as follows:

121.91
119.08
116.31
113.61
110.97
108.39
105.87
103.41
101.00
98.65
96.36
94.12
91.93
89.80
87.71

Take care,

Eric



To: Atin who wrote (24685)2/23/2000 11:36:00 PM
From: CatLady  Read Replies (2) | Respond to of 34811
 
First question, how should one choose a box size? Having no knowledge of PnF methods, but a little conventional TA thinking, it doesn't seem logical to choose an arbitrary points per box number. Percentages seems a little better, but what percentage?

Has anyone tried using ATR ( average true range ) as a box size? That way more volatile stocks have to move further than the sleepy ones to trigger an alert, even when they may be similarly priced.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News