PA, S/R, ZL, EXTREMES & MOMO

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rrobin
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Postby rrobin » Sat Sep 17, 2011 2:46 pm

"Please feel free to download this attempt at PnF for Excel"
Jalarupa
This is my attemp to duplicate your spread sheet.

TradeStation has P&F charts.

I do not kno if they have Demo Accounts.

HTH
rr
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Jalarupa
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Postby Jalarupa » Sat Sep 17, 2011 3:41 pm

forexjake80 wrote:Jalarupa: What makes it "massive" to you?


Well for one all the big big elements of classic s&r are there...

The Zero Line... The Fat Cat... The Presence of PnF hh/ll reversals (the semafor looking levels...) Psyche levels... classic Break out Support / Resistance... Long term Fibo levels... It's all there... So yeah, that's why its kinda massive... I donno I sometimes tend to over exaggerate a little...

I also tried to look at levels containing more than 3 semafor reversal blocks (as per MO observation of 5 being a formidable lis)

But yeah that's what i saw... U dig?

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Jalarupa
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Postby Jalarupa » Sat Sep 17, 2011 4:18 pm

rrobin wrote:"Please feel free to download this attempt at PnF for Excel"
Jalarupa
This is my attemp to duplicate your spread sheet.

TradeStation has P&F charts.

I do not kno if they have Demo Accounts.

HTH
rr


Look its not exactly the same as mine, which hasn't been verified as correct by those more experienced yet... so your's may very well be correct...

If so, then I guess we solved our problem... If not, then we shall venture forward, onward into the future...

Thanks for ya contribution though ;-)

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1992 DREAM TEAM
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Postby 1992 DREAM TEAM » Sat Sep 17, 2011 9:27 pm

rrobin - do we know what method TS is using to plot the PNF? When I was playing with the MBT PNF I was notified by MO that the methods available were not useful (open, high, low, close, hi/low). So since then I have been quite suspicious of all the other indis that have been posted up here since because I never saw any detailed info about how they were working. I am not even sure what the method we are using to draw by hand is called (if anything).

rrobin
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Postby rrobin » Sun Sep 18, 2011 12:48 pm

do we know what method TS is using to plot the PNF?

The methods are not available.
You only change values (P&F 0.001x2, 10 tick).

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aliassmith
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Postby aliassmith » Sun Sep 18, 2011 1:24 pm

rrobin wrote:do we know what method TS is using to plot the PNF?

The methods are not available.
You only change values (P&F 0.001x2, 10 tick).


Those values look like the method of plotting

.0010x2 is 10x2 for pairs like eur/usd

10 tick may be the number of bars used for each data set.

see if that is the case
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forexjake80
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Postby forexjake80 » Sun Sep 18, 2011 1:54 pm

ah, many things, i see... i was trying to figgure out pnf i thought there was a specific pnf pattern which made it clearly to understand the idear between pnf.
Btw, the most simple explanation i could find for pnf so far is, that it just ignores the sideway moves.
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Jalarupa
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Postby Jalarupa » Sun Sep 18, 2011 2:03 pm

forexjake80 wrote:ah, many things, i see... i was trying to figgure out pnf i thought there was a specific pnf pattern which made it clearly to understand the idear between pnf.
Btw, the most simple explanation i could find for pnf so far is, that it just ignores the sideway moves.


LIKE MO Says...

S/R is a line that price can not close beyond...

So you take that, along with these reversal point breakout patterns in PnF and you got yourself a powerful case for a line in the sand... mighty even..;)

jake44
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Postby jake44 » Sun Sep 18, 2011 3:47 pm

I found this thread helpful: http://www.elitetrader.com/vb/showthrea ... genumber=1
Led to: http://www.pointandfigure.com/. Need a data feed. There is an ebook on pnf here...haven't looked at yet.

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PebbleTrader
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Postby PebbleTrader » Mon Sep 19, 2011 11:26 am

Thanks jake44,

I downloaded the Bullseye Broker PnF charting software. I suspected it was not forex compatible but wanted to see what the software was like and if it had an useful features me might be able to use elsewhere. It also looks like "dated" software...

Here is screenshot:
http://i56.tinypic.com/qou51j.png
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