Box-value Slots
by PRASHANT SHAH -
After understanding the techniques of identifying patterns and analyzing P&F charts, the important question that will pop up is: how do we determine the basic parameters to construct a P&F chart? Because, the analysis and various P&F patterns and setups depend on the parameters we choose to construct the chart. Below are the parameters that ... Read more
High-Low Box-values
by PRASHANT SHAH -
High–Low Charts It must be obvious by now that P&F charts can be plotted with just one price. Charts plotted with closing prices will generate patterns based on the closing price. High–Low method of plotting considers either the high or low price made during the day for plotting. If previous column is of ‘X’ and ... Read more
Closing or High–Low
by PRASHANT SHAH -
The next obvious question would be: Which method should be used, closing or High–Low? Both come with their own set of issues and advantages. A chart plotted with closing prices mark the column at end of the day, hence signals appear late but the charts plotted with High–Low price produce more columns of ‘X’ and ... Read more
