P&F Scaling and Timeframes

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

chart_analysis:pnf_charts:pnf_scale_time [2019/06/24 19:38]
127.0.0.1 external edit
chart_analysis:pnf_charts:pnf_scale_time [2019/07/10 15:57] (current)
betseyp [Traditional]
Line 11: Line 11:
 ==== Traditional ==== ==== Traditional ====
  
-Traditional scaling uses a predefined table of price ranges to determine what the box size should be. The table was originally created by the people at "ChartCraft" ​and later popularized by Tom Dorsey in his book //​[[https://​store.stockcharts.com/​products/​point-figure-charting-the-essential-application-for-forecasting-and-tracking-market-prices-3rd-edition|Point & Figure Charting]]//​.+Traditional scaling uses a predefined table of price ranges to determine what the box size should be. The table was originally created by the people at ChartCraft and later popularized by Tom Dorsey in his book //​[[https://​store.stockcharts.com/​products/​point-figure-charting-the-essential-application-for-forecasting-and-tracking-market-prices-3rd-edition|Point & Figure Charting]]//​. The table below shows the scaling used in StockCharts'​ P&F charts, updated from the ChartCraft original to reflect today'​s price ranges.
  
 |**Price Range**|**Box Size**| |**Price Range**|**Box Size**|
Line 22: Line 22:
 |200 to 500|4.00| |200 to 500|4.00|
 |500 to 1,000|5.00| |500 to 1,000|5.00|
-|1,000 to 25,​000|50.00|+|1,​000 ​to 2,​500|10.00| 
 +|2,​500 ​to 25,​000|50.00|
 |25,000 and up|500.00| |25,000 and up|500.00|
- 
  
 ==== Percentage Scaling ==== ==== Percentage Scaling ====