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Point and Figure chart - boxsize configuration?

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    Point and Figure chart - boxsize configuration?

    First I have been a metatrader MT4 user for years and I just now downloaded NinjaTrader 8 and I got tears in my eyes....of joy! =)
    All things missing and lacking in MT4 I now have in Ninjatrader...amazing stuff..and its not easy to blow my socks off.
    However I do have some problems understanding the boxsize and setup when using Point and Figure Charts.
    Lets say I am trading a currency with the current closing price of 1.75500. How do I set up the boxsize to be 0.0025?
    So if price goes up to 1.75750 it should draw an X.

    Any ideas how to achive this?
    Do I have to set boxsize of 250 to achieve what I want?
    What to set in "Base Period Type" and "Base period value"?
    Last edited by fxSol; 03-17-2019, 03:40 AM.

    #2
    One other thing. Dont know if bug or something I have miss configured but there is a misalignment in chart between columns.

    Comment


      #3
      The 'box size' and 'reversal' properties are based on ticks, and ticks represent the minimum price movement of an instrument, so you would want to enter a number in to the box size field that represented the amount of ticks the price would have to move to affect the bars. Here is a link with more information about the Point & Figure bar type:



      I am not sure I understand what you mean by 'misalignment' or what your screenshot is meant to represent. Please go into further detail.

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        #4
        [QUOTE=I am not sure I understand what you mean by 'misalignment' or what your screenshot is meant to represent. Please go into further detail.[/QUOTE]

        Picture tells it all =) X and 0 are not align straight in a horizontal line. Look closely and you will understand that Marty Feldman made the chart.

        This is a screenshot made with another software I have. You see that X and 0 are aligned horizontally perfectly - in Ninjatrader its not.
        Attached Files
        Last edited by fxSol; 03-21-2019, 04:22 AM.

        Comment


          #5
          Also can anyone explain how this plotting is possible? (the the left with 2 red 0)
          Attached Files

          Comment


            #6
            Can you tell me the exact settings for the data series of the chart in post #2 and post #5? Here is an example of what I need:



            To view this information about your charts, right-click within the chart and select 'Data Series'.

            Comment


              #7
              Originally posted by NinjaTrader_PatrickG View Post
              The 'box size' and 'reversal' properties are based on ticks, and ticks represent the minimum price movement of an instrument, so you would want to enter a number in to the box size field that represented the amount of ticks the price would have to move to affect the bars. Here is a link with more information about the Point & Figure bar type:



              I am not sure I understand what you mean by 'misalignment' or what your screenshot is meant to represent. Please go into further detail.
              Hello Patrick, what is the settings in tick for a 1 dollar box in point and figure ? thanks . Sergio

              Comment


                #8
                The cash value or one tick will be different depending on what you're trading. For example, a tick in the ES futures equals $12.50.

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