[estate1997]

Is there anyone out there that works with Point and Figure charts?
I have gone through the posts and have not found a soul.
I have been working on a strategy for a long time and have been having some success.
https://picasaweb.google.com/estate1...eat=directlink
What I could use is some help with someone that is working with cycles, P&F charts, and does not think in the box.
I can trade the numbers by eye much better than the strategy and would like to partner up to get to the final version.
Some things you'll need;
Trade Station platform
a computer that can handle 40 plus charts plotting up to 60 days
and some coding experience.

Let me know.

Tams,
Any interest? I value your input.

[Tams]

Originally Posted by estate1997 »

Is there anyone out there that works with Point and Figure charts?
I have gone through the posts and have not found a soul.
I have been working on a strategy for a long time and have been having some success.
https://picasaweb.google.com/estate1...eat=directlink
What I could use is some help with someone that is working with cycles, P&F charts, and does not think in the box.
I can trade the numbers by eye much better than the strategy and would like to partner up to get to the final version.
Some things you'll need;
Trade Station platform
a computer that can handle 40 plus charts plotting up to 60 days
and some coding experience.

Let me know.

Tams,
Any interest? I value your input.

you can post your ideas here and we can walk through them...

[rock]

The only successful trader I knew of used it to trade longer trends i.e. weekly, quarterly. Back when I used to be on the manhunt for indicators, I read a few magazine articles from traders or interviews of traders who used P&F. They may have been in Futures magazine or SFO magazine.

[estate1997]

Tams,
Here is the concept.
For each length on a P&F chart it MUST complete its' cycle before the market can move on higher or lower.
When a group of cycles come into phase, ie: they all read the same number from my indicator the market will move either up or down till it completes the next highest cycle.
Here is my problem.
I am not a professional programmer and I have been working on this for 14 months. I have spoken to two different programmers and they either hate P&F charts or can't get a handle on the concept. The entries are easy coding. It is the exits that I am stuck on. From the screen shots I posted above I hope you can see the potential. I can read it but I haven't been able to code the exits.
What I need is a confidential off line partner, paid or not, that has coding experience that can code a triple sort from 40 plus groups of numbers. The second sort is dependent on the results of the first sort and the third sort is dependent on the results of the second sort. From the last sort the exit can be obtained.
After that code in DLL and lock the code down. Then work on the money management.
Beyond the concept I am reluctant to post any more information than the concept as I don't want to kill the goose if you catch my drift.
If your up for it, lets do it. If not maybe you know someone.
Thank you and have a Merry Christmas

[MightyMouse]

Originally Posted by estate1997 »

Tams,
Here is the concept.
For each length on a P&F chart it MUST complete its' cycle before the market can move on higher or lower.
When a group of cycles come into phase, ie: they all read the same number from my indicator the market will move either up or down till it completes the next highest cycle.
Here is my problem.
I am not a professional programmer and I have been working on this for 14 months. I have spoken to two different programmers and they either hate P&F charts or can't get a handle on the concept. The entries are easy coding. It is the exits that I am stuck on. From the screen shots I posted above I hope you can see the potential. I can read it but I haven't been able to code the exits.
What I need is a confidential off line partner, paid or not, that has coding experience that can code a triple sort from 40 plus groups of numbers. The second sort is dependent on the results of the first sort and the third sort is dependent on the results of the second sort. From the last sort the exit can be obtained.
After that code in DLL and lock the code down. Then work on the money management.
Beyond the concept I am reluctant to post any more information than the concept as I don't want to kill the goose if you catch my drift.
If your up for it, lets do it. If not maybe you know someone.
Thank you and have a Merry Christmas

I assume you are aware that there is a back testing issues with PnF in tradestation. Or, at least there used to be.

[estate1997]

There are many draw backs to P&F charts. One is you will get perfect plots when the bar closes leading to euphoria in a back test with historical data. In addition once you start bringing data in from other charts you are unable to back test as with any type of chart.
The main benefit is two fold. Market makers do not see or don't care what you see so they can't manipulate signals on you and get you entering the opposite direction of where they want to take the market. I am sure you have all seen if you have color changing indicators where they will tap a sell signal and take the market up or vice versa..
Like in the post above, the main benefit is on the long charts. With an extended range stochastic indicator the tops and bottoms are simple to pick out.
What I like about them if you are into cycles is that you can see when the market comes into phase and you will then know that it will start to run. Add multiple charts and you can see just how far the run will go to the tick. Very nice stuff to know. With two short lines of code and a sharp eye this can be picked up.
Time to go.I'll return.

[Tams]

Originally Posted by estate1997 »

Tams,
Here is the concept.
For each length on a P&F chart it MUST complete its' cycle before the market can move on higher or lower.
When a group of cycles come into phase, ie: they all read the same number from my indicator the market will move either up or down till it completes the next highest cycle.
Here is my problem.
I am not a professional programmer and I have been working on this for 14 months. I have spoken to two different programmers and they either hate P&F charts or can't get a handle on the concept. The entries are easy coding. It is the exits that I am stuck on. From the screen shots I posted above I hope you can see the potential. I can read it but I haven't been able to code the exits.
What I need is a confidential off line partner, paid or not, that has coding experience that can code a triple sort from 40 plus groups of numbers. The second sort is dependent on the results of the first sort and the third sort is dependent on the results of the second sort. From the last sort the exit can be obtained.
After that code in DLL and lock the code down. Then work on the money management.
Beyond the concept I am reluctant to post any more information than the concept as I don't want to kill the goose if you catch my drift.
If your up for it, lets do it. If not maybe you know someone.
Thank you and have a Merry Christmas

interesting thoughts.

let me digest it a bit first....



ps. you will need to rewrite the logic in a code-able manner.

[estate1997]

Originally Posted by Tams »

interesting thoughts.

let me digest it a bit first....



ps. you will need to rewrite the logic in a code-able manner.

Tams,
I am reluctant to post the code in an open forum and after rereading my posts, what you are looking for besides a silver platter is there. It may be a bit cryptic and there is one missing function that is the magic that makes it simple to read but it will get you heading in the right direction.
If you wonder why it has taken this long to get to this point it is because I started with an indicator that would plot up to 92 plots per bar giving 92 raised to the power of 92 possibilities. Finding the needle was not easy.
Here is the snippet of the sending code. I can say no more about that.

If RevSize=4 then begin
Value10=GVSetNamedDouble( "Magic_4",Magic);
Value11=GVSetNamedDouble( "ExH_4",ExH);
Value12=GVSetNamedDouble( "ExL_4",ExL);
Value13=GVSetNamedDouble( "Bar_Color_4",Bar_Col or);
Value14=GVSetNamedDouble( "ExS_4",ExS);
Value17=GVSetNamedDouble( "ExS_Color_4",ExS_Col or);
Value18=GVSetNamedDouble( "HL_Color_4",HL_Color );
If you embrace my philosophy that there is a group that sets the highs and lows for the day and watch how the price is manipulated by market makers to get people and programs to do certain things it will take a lot of the stress out of trading.
Code your indicators to flash at decision points and you will eventually see it.
Just a suggestion.