point and figure count

[supermht]

I trade NQ, price moves by ticks, 1 point = 4 ticks , for example

use 1:3 ratio

now if column count is 10, total count is 10x3=30

is it 30 points or 30 ticks ?

I am confused.

I appreciate if you can help me

[eDanny]

Here is your answer.

Dan

[supermht]

ok, your box size is 3, reversal is 4, you have ten box, total should be 120, how do you get 7.5 points? thanks

[NinjaTrader_ChelseaB]

Hello supermht,

7.5 points * 4 ticks per point = 30 ticks.

[supermht]

ok, got it, need to divided by 4.

[eDanny]

Correct, the 3 = 3 ticks per box. Ten boxes = 30 ticks.

[supermht]

But you don't multiply reversal 4?

I saw you set reversal size is 4