PnF charts, setting box size ?

[venture99]

I am newbie on eSig. Help file says to set point size using:
1. Click the Properties toolbar icon or choose Properties from the Chart Options menu.
2. If necessary, click the Point & Figure tab in the Chart Options dialog box.
3. In the Number of Boxes to Reverse field, enter the size of the change in price intervals required to reverse the chart.
I do not find any PnF related fields in "Chart Options". I only find color, etc options.
So where are the settings for PnF?
regards, Venture99

[dloomis]

try right clicking on a P&F chart, edit studies

[AndyS]

Hi Venture,

I'm not clear if you're looking for how to add a PnF chart and/or changing the setting for a PnF chart. I'll try to explain both.

To get a PnF chart, bring up an Advanced Chart, then go to the icons at the top of eSignal, and click on the icon for PnF charts.



Then to change the settings. From within the chart, right click and from the pop-up menu, go to edit studies and click on that. This will give you a dialog box in which you can change the settings.



Hope this helps.

Regards,
Andy

[venture99]

Thanks dloomis and Andys,
I thought about PnF possibly being a study, but no, it is a chart type, so I missed it. The help file? NOT
regards, venture

[MR]

Point and Figure (PnF) analysis has been around in technical analysis for a long time. I first came upon it in the 80's when we started to do futures trading work. It goes back pre-computer days. In the old days when we would do charts by hand. Traders needed an easy method to maintain a lot of data. You could update dozens of PnF charts in a short time. Computers have made it easy and so PnF charts seem to becoming in vogue again.

Usually a RnF chart show price movements in a vertical line of rising X's and failing O's. The X's represent increasing prices and O's decreasing prices.

(This is just intended only as a simple explanation of Point and Figure (PnF) charts... maybe someone else could take over and explain how they use it?)