Sidebar: About Renko charts and box sizes by Robert Busby, Ph.D.
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:1 (30-35): Sidebar: About Renko charts and box sizes by Robert Busby, Ph.D.
Here's an amusing technical phenomenon. The P&F data is computed using a box reversal of one and is then manipulated into four columns in the following way: On up days, a row is formed using the data from the previous day, then the current data, then repeat both. On down days, the data is subtracted from box size (assumed fixed) and a row is formed using data from the previous day twice, then the current
data twice....
AUTHOR: Robert Busby, Ph.D.DATE: JAN 2005SUBJECT: Sidebar
Linking Point & Figure And Bar Charts by Robert Busby, Ph.D.
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:1 (30-35): Linking Point & Figure And Bar Charts by Robert Busby, Ph.D.
Ever thought of combining these two chart pattern techniques? Find out how.
Point & figure is one of the oldest western techniques of charting, tracing its lineage back to Charles Henry Dow. Large numbers of financial professionals rely on point & figure (P&F) charts for buy and sell signals. An even larger group of professionals look at financial data in the form of time series, and prefer bar, line or candlestick charts. Devotees of these two "parallel universes" are frequently at odds with o...
AUTHOR: Robert Busby, Ph.D.DATE: JAN 2005SUBJECT: Chart Patterns