ATR-derived PnF Charts

[trendie]

Been thinking again.

There are Point and Figure charts, which are based on predetermined box-sizes to decide whether price has moved enough to record an event. (granularity)
Another key feature is predetermining the amount price has to move in the opposite direction to record a change in direction event. (box-sizes)

However, markets change their volatility. Here we have ATR.

Has anyone considered drawing Point and Figure charts, where the box-size is a function of the ATR rather than an arbitrary box-size?

If this has already been done, what are these charts called? (Kagi?)
thanks

 

[Dentalfloss]

stockcharts p/f ..default is 20 period atr
it gives you a feel of what is happening

 

[superspurs]

http://tic-tac-dough.com/

this guy uses atr on his charts.i am not a subscriber.