pointandfigure charts

[Owlman]

Hi All,

I am interested in experimenting with point and figure charts. But I can't figure out what values are available programatically. I'd like to be able to detect when a column of x's turns into a column of o's for instance. Or what the price was for the last highest X or the lowest price for the last lowest O. Are there any parameters (like Open, High, Low, Close etc) for PnF charts?

Thanks,
Ian

[NinjaTrader_Brett]

Hello,

Thanks for the note.

OnBarUpdate() is called on the column creation. So the Close[0] Open[0] will be the correct column Close and Open Price along with High[0] and Low[0]. Also, when the next OnBarUpdate is called you know the next column has been created. So there are no special methods needed and there are none availiable. You simply use the same methods you use on the regular charts.

Let me know if I can be of further assistance.

[Owlman]

Bit more clarification...

Thanks for the reply Brett, that make some sense.

One small clarification though, it seems to me that there is no High or Low for a PnF chart, only a Close and Open. So does High always equal Close for an up bar, and High always equal Open for a down bar? (and the opposite for Low of course). That would be very useful I would think... ;-)

Thanks,
Ian

[NinjaTrader_Brett]

Hello,

No, High would not always equal the close price intrabar.

However at the close of the bar when a new column is created this would then be the case true. However intra bar while the column is forming would not always be the case.


Let me know if I can be of further assistance.