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Old 05-26-2007, 06:07 AM   #9

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Re: Point and Figure Charting : Volume On X's Or O's !

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Originally Posted by omrangassan »
The solution is to write the volume as a number inside each X or O ..

What is the P&F ELD(s) ?

Have you got any ideas to help ?


I still look for a constructive Help ...
ELD is the format of easy languages script files. Sometimes called ELA's which was an older format.

Rather than write numbers (that are hard to digest) why not use different shading to represent the intensity of the volume? You could have a background behind '0' go from a very pale red to dark red and 'X' go from pale blue to dark blue for example. That also preserves the symetry of the O and X which I think is important. You would need pretty large boxes to print maybe a 4 or 5 digit number in. Just athought.

I am guessing you don't want to pay for this? I came across a couple of guys who sell P&F software for tradestation. They may change there stuff if they could see it adds value towhat they are selling.

Cheers.
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Old 05-26-2007, 06:10 AM   #10

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Re: Point and Figure Charting : Volume On X's Or O's !

Oh btw I am guessing that English might not be your first language but by saying that you are still 'looking for constructive help' it kind of implies that the help you are getting is not constructive. This is not the best way to get people to continue to assist you.

Cheers.

Edited to add smilies don't wanna stir anything up

Last edited by BlowFish; 05-26-2007 at 06:15 AM.
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Old 05-26-2007, 06:12 AM   #11

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Re: Point and Figure Charting : Volume On X's Or O's !

Quote:
Originally Posted by BlowFish »
ELD is the format of easy languages script files. Sometimes called ELA's which was an older format.

Rather than write numbers (that are hard to digest) why not use different shading to represent the intensity of the volume? You could have a background behind '0' go from a very pale red to dark red and 'X' go from pale blue to dark blue for example. That also preserves the symetry of the O and X which I think is important. You would need pretty large boxes to print maybe a 4 or 5 digit number in. Just athought.

I am guessing you don't want to pay for this? I came across a couple of guys who sell P&F software for tradestation. They may change there stuff if they could see it adds value towhat they are selling.

Cheers.

it seems that you got my idea ...
It would be nice idea if you can share more thoughts ..

take your time ..
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Old 05-26-2007, 06:55 AM   #12

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Re: Point and Figure Charting : Volume On X's Or O's !

The guys I had in mind where

Point & Figures DLL Pierre Orphin

and

SnapDragon Systems Limited Adam Hartley

I have never used them there porducts or services but they offer a standard P&F solution for tradestation that they may modify for you as they do bespoke too.

I also came across some metastock code that might possibly be converted. I'll search for the link later.

Also There are also a couple of people that do inexpensive standalone P&F software they tend to read data from ascii or metastock files (I.e. no real time data feed) maybe they might include volume by request?

The more I think about it the more I like the idea of what you are trying to visualise though Id go with colors myself :-)

Cheers.
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Old 05-26-2007, 07:05 AM   #13

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Re: Point and Figure Charting : Volume On X's Or O's !

Quote:
Originally Posted by BlowFish »
The guys I had in mind where

Point & Figures DLL Pierre Orphin

and

SnapDragon Systems Limited Adam Hartley

I have never used them there porducts or services but they offer a standard P&F solution for tradestation that they may modify for you as they do bespoke too.

I also came across some metastock code that might possibly be converted. I'll search for the link later.

Also There are also a couple of people that do inexpensive standalone P&F software they tend to read data from ascii or metastock files (I.e. no real time data feed) maybe they might include volume by request?

The more I think about it the more I like the idea of what you are trying to visualise though Id go with colors myself :-)

Cheers.

hi there ..
thanx BlowFish for all the ideas you come up with ..

regarding the first two links .. How can we improve it to include the volume in as i have asked ?

regarding the metastock code .. what does it do exactly ?

Oooooh : Whom are those the two new guys ?

It seems that you get me right , still wish to do it ..


cheers man
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Old 08-12-2009, 08:20 AM   #14

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Re: Point and Figure Charting : Volume On X's Or O's !

Is this something along the lines of what you're looking for:

Images | ChartHub.com



Very easy to do in MarketDelta. That chart shows volume at price. The X's and O's are optional. You can show trades at each price as opposed to volume at each price. You can display the volume or trades as a histogram instead of text. Alot of flexibility in this area.

One note on the chart above...I'm sure you'll notice that often the lowest X or the highest O does not have any volume associated with it. That is just the nature of PNF bar formations. A bar of Os will continue to form (and the volume will continue to flow to the O bar) until price moves to the reversal price. The first tick at that reversal price will start the new bar/column of Xs. However, the instant the X bar begins, 3 X's are automatically draw even though we've only traded at once of those 3 prices. Price may not trade back down to where the lowest X was printed and often doesn't. I hope this is clear.

Chad
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Old 08-12-2009, 08:35 AM   #15

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Re: Point and Figure Charting : Volume On X's Or O's !

This is also available in Investor/RT, but only in histogram format showing relative volume at price within each bar (via the Profile Indicator):

Images | ChartHub.com

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Old 10-11-2009, 12:42 PM   #16

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Re: Point and Figure Charting : Volume On X's Or O's !

You can do that in Amibroker
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