Point & Figure Charting

[isatrader]

Can anyone recommend a decent point & figure charting software program that you can buy outright and then put in your own data? And that will work on an old mac.

 

[Lodian1019]

Can anyone recommend a decent point & figure charting software program that you can buy outright and then put in your own data? And that will work on an old mac.

I have used Sierra, an built up a decent enough chart on that as far from out and out PnF I have not heard of any.

 

[isatrader]

I have used Sierra, an built up a decent enough chart on that as far from out and out PnF I have not heard of any.

Thanks anyway for replying. I haven’t heard of Sierra. I use the stockcharts.com P&F charts all the time, but is only US stocks etc and I want to be able to do UK stocks as well. Maybe I’ll have to try and work out how to build my own P&F charts in Excel. Anyone an Excel genius?

 

[isatrader]

As the replies to this have been thin on the ground. I’ve bought a P&F charting book instead and have managed to find a guy who’d created a basic P&F chart in Excel for free, which I downloaded and will try to make it better if I can. I did find a stand alone point and figure application called Bulls Eye Broker, but it only works on Windows unfortunately.

 

[Lodian1019]

As the replies to this have been thin on the ground. I’ve bought a P&F charting book instead and have managed to find a guy who’d created a basic P&F chart in Excel for free, which I downloaded and will try to make it better if I can. I did find a stand alone point and figure application called Bulls Eye Broker, but it only works on Windows unfortunately.

How you finding it?

Lodian

 

[isatrader]

How you finding it?

Lodian

The book hasn’t arrived yet, but it has a free online training tool on the authors site, which I’m finding it really interesting. Am starting to understand the main patterns better and their uses and am just up to a section on how to work out the price targets for breakouts.

P&F charting is definitely going to be something I use more of as it seems especially useful for longer term moves as it filters the noise so well.

 

[BSD]

How about running Parallels Desktop on your Mac and then getting tradestation ?

It's free if you do 10 roundturns / month, plus you have endless data, and it's a great platform.

 

[isatrader]

How about running Parallels Desktop on your Mac and then getting tradestation ?

It's free if you do 10 roundturns / month, plus you have endless data, and it's a great platform.

Unfortunately I have non-intel Mac and running Tiger 10.4, so Parallels won’t work for me. Think I’m going to have to get a cheap PC maybe.

 

[BSD]

That's what I did, got tired of all the trading things not running on Macs, so I ahve a PC for trading now and a Mac for the rest.

 

[isatrader]

Thanks BSD, I think it might be the only option. I suppose I could set up the PC purely for trading only with nothing else on it.

 

[BSD]

Yup that's how I did it.

And as I have nothing but tradestation running on the PC you do't get a lot of the PC problems.

So, win / win.

Good luck, lots of good / cheapish deals around at the moment.

 

[KinsaleForex]

I'm currently running TradeGuider using Parallels on Snow Leopard. Runs pretty well, i've also been looking into P & F charting as well lately. Basically looking to combine P & F with the TradeGuider teachings and create a strategy from that.

I have some old Excel/Open Office P & F templates that I used years ago but you'll still have to fill them in yourself, presume that's what you meant? Drop me a line if you want me to send em on.

Cheers,

KFT

P.S. dunno how new you are to P & F, but this book is very good - Complete Guide to Point-and-Figure Charting

 

[isatrader]

I'm currently running TradeGuider using Parallels on Snow Leopard. Runs pretty well, i've also been looking into P & F charting as well lately. Basically looking to combine P & F with the TradeGuider teachings and create a strategy from that.

I have some old Excel/Open Office P & F templates that I used years ago but you'll still have to fill them in yourself, presume that's what you meant? Drop me a line if you want me to send em on.

Cheers,

KFT

Yep that would be really helpful. I’ll PM you my email. Cheers

 

[KinsaleForex]

Yep that would be really helpful. I’ll PM you my email. Cheers

No probs, just in case you missed it, I edited my post above to include a link to a good book on P & F.

Cheers,

KFT

 

[isatrader]

No probs, just in case you missed it, I edited my post above to include a link to a good book on P & F.

Cheers,

KFT

I just noticed it thanks. I bought a book called called Point and Figure Charting the other day.

http://www.amazon.com/Point-Figure-Charting-Application-Forecasting/dp/0470043512/ref=pd_bxgy_b_img_b

So will see how I go with that one first. Thanks again

 

[isatrader]

Have found another book which has really good reviews on amazon on point and figure charting. Looks pricey though so might be better to look for a second hand copy.

http://www.amazon.com/Definitive-Guide-Point-Figure/dp/1897597630

 

[KinsaleForex]

Have found another book which has really good reviews on amazon on point and figure charting. Looks pricey though so might be better to look for a second hand copy.

http://www.amazon.com/Definitive-Guide-Point-Figure/dp/1897597630

It's from the same publisher as the one I posted above so it may well be in the same league as that, it being hard back probably adds to the price a bit as well. Other than that, don't have any other knowledge of it i'm afraid!

Harriman House Publishing

 

[isatrader]

It's from the same publisher as the one I posted above so it may well be in the same league as that, it being hard back probably adds to the price a bit as well. Other than that, don't have any other knowledge of it i'm afraid!

No worries, I like to dive into lots of books on a subject that I’m interested in and try and get the best out of them for my type of trading.

PS. I had a look at your blog. Seems like the practice account has gone well, so good luck with the real account in the new year. I use Finspreads for my spread betting as well, but mainly S&P 500 and stocks.

 

[KinsaleForex]

No worries, I like to dive into lots of books on a subject that I’m interested in and try and get the best out of them for my type of trading.

PS. I had a look at your blog. Seems like the practice account has gone well, so good luck with the real account in the new year. I use Finspreads for my spread betting as well, but mainly S&P 500 and stocks.

Thanks for taking the time to have a look man, appreciated! That's the strategy i'll be starting with for the new year and I want to start looking at creating another strategy which is where the P & F comes in. I'll probably start a thread in the Journal section and keep that up to date throughout the coming year.

Currently having data feed and credit card issues so might be starting a bit late

Also, edited my above post with a link (again!) and it looks as though they've a third P & F book available as well.

 

[isatrader]

Thanks for taking the time to have a look man, appreciated! That's the strategy i'll be starting with for the new year and I want to start looking at creating another strategy which is where the P & F comes in. I'll probably start a thread in the Journal section and keep that up to date throughout the coming year.

Currently having data feed and credit card issues so might be starting a bit late

Also, edited my above post with a link (again!) and it looks as though they've a third P & F book available as well.

Yep cheers, I’ve had a quick look at it. It seems to be an original book from the 1930s so might be interesting as well.