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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Craig Monroe who wrote (238)1/31/1998 9:21:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hi Criag,
The box size change is thus:
0-5 box size equals .25
6-20 box size equals .50
21-100 box size equals 1
102- box size equals 2
Some do change there box size to fit their style of analysis. The above is the standard and most widely used. It matters what box size you have because of the volume needed to move the stock. If you had Microsoft with a box size of .5 instead of 2 it wouldn't be a true representation of supply and demand. The stock would change columns everyday.
I'll pass the question to Dorsey to see if he has anything more to add.
Until then,
Jan



To: Craig Monroe who wrote (238)2/1/1998 9:33:00 AM
From: Ben Antanaitis  Read Replies (1) | Respond to of 34811
 
Craig,

Within days, you wil be able to get EZ-PnF v2.0 which will read your Metastock database and produce 'Tom approved' or I as I call them 'Traditionally scaled' P&F charts. This is in addition to logarithmic scaled and 'user defined' fixed value per box scaled.

Hang in there, I'm within days of shipping it out.... oh, yeah, it's shareware.

Ben A.
pipeline.com

PS I use a superset of the scaling described by Jan. Values above 1000 are 20/box and above 10000 are 200/box. Doesn't make any sense to me to have a three box reversal at dow 8000 be .07% while a three box reversal at 100 is 6% so I extended the scaling at the higher levels. Hey, Jan, does Tom have any objections to my extension?