Trading with point and figure

[nopac]

looks better!

Nice looking chart Moneylender. Did you design that PnF indicator for MT4? Looks good.

 

[Moneylender]

Nice looking chart Moneylender. Did you design that PnF indicator for MT4? Looks good.

Wish I was that clever. It's from a free trial piece of software I am experimenting with.

 

[f2calv]

Wish I was that clever. It's from a free trial piece of software I am experimenting with.

Pray tell what is the name of the software you are experimenting with?

btw if anyone wants the link to my p&f code testing site of then please PM me. I'll be back on the development next week :smart:

 

[Moneylender]

Pray tell what is the name of the software you are experimenting with?

btw if anyone wants the link to my p&f code testing site of then please PM me. I'll be back on the development next week :smart:

I knew you would ask :cheesy:

Link is here and you get 16 day free trial, I DL it last night, I prefer
Cute visuals but it is so cpu intensive been looking for alternatives.
Waiting for your development charts before i decide to ditch Cute
or continue with them.

https://ovo.cz/

 

[Dentalfloss]

Pray tell what is the name of the software you are experimenting with?

btw if anyone wants the link to my p&f code testing site of then please PM me. I'll be back on the development next week :smart:

F2
so far...
charts
dont seem to be reliable
i have up..for example dax 30 min
10 points by 3 reversal hilo on Bullseye
when i go to lohi...not sure what actually is displayed
should be a wider chart
however..
ohlc seems to want to come out right...now that is the real meat for entries
reason.....
the close plot/hilo and lohi only show ONE MOVE...either an X or O
ohlc plots the move to the high and the move to the low
you can get up to TWO columns per time packet..ie 1 min /5 min etc...not just one column
2 columns per time packet is the real bubbly
also seems to be working on my Samsung tablet...really cool

 

[Dentalfloss]

comparison

 

[Dentalfloss]

that is the nearest i could get to your ohlc chart
not very good...in comparison

 

[Dentalfloss]

on my chart ..the columns are too long...when i get to low box sizes
never thought that was important....learning all the time...
the ohlc charts are wider and shorter columns..that is whats needed
you have to hand it to Duplessis..he really knows whats important
there is a way round that ...not great,,but is reasonable
NOT AS GOOD AS OHLC from F2
break all moves into individual minor trends and then home in on the latest trend...it does mean that you have to run another MT4 with only 200 data points loaded/max..not ideal
prefer ohlc ..now that i have seen it
excellent stuff

 

[Moneylender]

Hey works on my android!!! Well done F2, will study this and compere.

Amazing 3 different feeds/platforms and 3 different patterns??

 

[f2calv]

Appreciate you guys taking the time to test/compare

I've had a bit too much wine tonight to respond in any meaningful way, but... for thatvery same reason I will still reply lol! For a true comparison/double-check I will need you to send me a CSV (or multiple) of your raw data alongside your actual chart files for me to accurately cross-check my code.

For example I'm using data from IG (a market maker) who are running the market 24 hours a day so obviously the daily chart from Google ends at 16:30 but IG keeps on going.. So you can't really compare the two 100% because the data set is a different size.

As the foundation of my unit tests i have preloaded the du plessis test data into the app so you should be able to see the exact same charts results being generated as per his Definitive book.

Lohi I can see being very useful if this market ever corrects (in a meaningful way) again

Back in UK from Monday so I will review your posts/comments fully then and get back to you individually, cheers!

 

[Dentalfloss]

dax into the open
do we get supported ??

 

[Dentalfloss]

a close up on the consolidation near the close
F2..ohlc plot
input was 30 min 5 points by 1 reversal
i would have to go to 1 minute data to get anything near as much clarity
you can see on the other chart i posted that the movement near the green trendline is not very clear...and that was on 5 minute
BRAVO F2

 

[Dentalfloss]

spx into the open
broken out/aqua horizontal
scenarios
a good breakout with follow thru
or
a fake..retraces back in to test trend at 2056-2064/aqua trendline
or
a retrace back to horizontal supp/green trendline at 2040

a fake or a break..seems to be the possibility with earnings season starting
dump might come after the bulls reassess the fake

get those pivot areas and look at the reaction

 

[Dentalfloss]

a closer look

you can see how we nailed the pump on Friday after NFP

 

[Dentalfloss]

2066 failure if tested...first sign of trouble..imho
2066-2068 as res..not liked by the bulls
2058-2060 pivot area/purple horizontal
goin either way...neutral bias

 

[Dentalfloss]

dax in the bounce zone
might need to retest supp
9728
9690
9652
9576..if we get lucky..

ti

 

[Dentalfloss]

dax
possible pivot areas

if 9684 area fails..then 9652
if that fails..then 9572 after 9600 area
goin either way

 

[Dentalfloss]

http://www.leavittbrothers.com/pdfs/LB weekly 20160403.pdf
from Jason leavitt

 

[Atilla]

I'm seeing LL in long term charts. Unless we leave 2140s well behind there is some very stiff resistance in the next 30-60 point to the upside. On the other hand the downside pull can give 200-300 points very quickly.

fwiw - Will stick neck out and say, this bull rally doesn't have much legs left on it. Give it another couple of weeks to test 2080-2100 regions on S&P before blowing out.

Double barrels cocked and loaded :whistling

 

[Moneylender]

Morning all