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     nihonjin
Member
Username: nihonjin
Post Number: 6
Registered: 05-2007Rating: N/A
Votes: 0
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| | Saturday, September 15, 2007 - 09:42 am: |  
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I would like to see
Kagi Charts
3 Line Break Charts
Renko Chart
Darvas Boxes
Incredible Charts reorganised into modules
Timeless Module
Equivolume
Kagi
3 Line Break
Renko
Point&Figure
Time Line Module
All the other types
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 10
Registered: 05-2007Rating: N/A
Votes: 0
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| | Saturday, September 22, 2007 - 07:45 pm: |
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I'd like to add another wish to his fast increasing list. In Bollinger on bollinger Bands John Bollinger describes plotting Bollinger Bands on Indicators. This allows overbought and oversold situations to become relative. On page 173 of Chapter 21 he shows the bands plotted with MFI and on the following page with RSI.
It looks like a powerful addition for reading entry and exit signals.
The market wins because it has an edge! Traders blink first.
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fibonacci
Member
Username: fibonacci
Post Number: 194
Registered: 10-2003
Rating: N/A
Votes: 0
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| | Monday, September 24, 2007 - 10:19 pm: |
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n,
It looks like a powerful addition because it is.
Hope you don't mind my backing you up on this one and I'm also trying to get Colin's attention.
Some traders subjectively adjust their levels of RSI that may attract their interest e.g. normally <30 but they may decide on <50 if in an Uptrend.
With BBands on RSI the level of interest becomes OBJECTIVE and suitable as they are automatically ADAPTIVE to current markets, as they are on price. So levels of interest for potential longs become those <Lower BBand. Even on RSI BBands narrow during periods of low volatility. Signals during low volatility uptrends are of particular interest to me.
Notes on this chart, from CMC's trading platform:-
I prefer period of RSI to be the default of 14 as shorter terms are so volatile that BBands are no longer adaptive to any useful degree.
I prefer BBand period of 60 so that periods of lower/higher volatility become steadier and thus useful.
John
You've got to
know when to hold 'em
know when to fold 'em.
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007
Member
Username: 007
Post Number: 577
Registered: 05-2005
Rating: N/A
Votes: 0
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| | Monday, September 24, 2007 - 11:01 pm: |
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These additions must come after my pitchforks.
Mr. Twiggs please give me my pitchfork so I can be the little devil I'm longing to be!
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nihonjin
Member
Username: nihonjin
Post Number: 11
Registered: 05-2007Rating: N/A
Votes: 0
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| | Thursday, September 27, 2007 - 11:20 am: |
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Here is another for the suggestion box!
A very interesting read about sparklines and data presentation. What if Incredible Charts could generate sparklines?
http://www.edwardtufte.com/bboard/q-and-a-fetch-msg?msg_id=0001OR&topic_id=1
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 12
Registered: 05-2007Rating: N/A
Votes: 0
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| | Thursday, September 27, 2007 - 11:39 am: |
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An additional link to the idea of Sparklines. Look at the bottom of the page!
http://www.bissantz.de/sparklines/
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 15
Registered: 05-2007Rating: N/A
Votes: 0
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| | Thursday, October 11, 2007 - 04:03 pm: |
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Hi All,
Here is another suggestion.
Implement the KaseDev Stop which takes account of volatility.
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 17
Registered: 05-2007Rating: 
Votes: 1
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| | Friday, November 30, 2007 - 10:43 am: |
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Hi again,
One piece of information seems neglected by IC and so far as I can tell other charting packages. That data are the number of trades at a particular price.
Candles tell you the range of prices, and when that range is small you might infer most trades took place at or near that price, but in a wide ranging candle you have no idea where the concentration of trades were taking place.
The last price and opening price are arbitrary and in my opinion given too much weighting. Maybe the price closes down on the last trade, but most trades during the day might well have been much higher. Had the market remained open 1 minute longer perhaps the next trade would have been higher. We simply do not know.
The usefulness of knowing the number of trades at a particular price is that you can make reasonable estimates of the probability of trades occurring, perhaps identify clusters which indicate stops being hit or profits taken and track any drift of trade in a new direction You will also see where interest is increasing or declining.
Just think of seagulls over the fishing boats. Food available equals massive concentration of gulls and no food means just a few speculative buyers.
how best to display the information; well a scatter graph would be nice or alternatively, (and I imagine much harder to program), a dynamic candle. Pass your mouse over a candle and it expands into its own graphic showing trades at prices. Use the right hand edge of the candle showing the prices and the left hand edge the number of trades.
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 21
Registered: 05-2007Rating: N/A
Votes: 0
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| | Friday, December 21, 2007 - 11:29 am: |
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Here is another long term wish:
Implement the Ichimoku Kinko Hyo or equilibrium chart in addition to candlesticks, point and figure, line and equivolume.
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 22
Registered: 05-2007Rating: 
Votes: 2
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| | Thursday, December 27, 2007 - 04:41 pm: |
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Dreaming of improvements again and I thought that wouldn't it be nice to have a dual chart display. Especially useful if linked to the non time dependent charts. An example below.
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 23
Registered: 05-2007Rating: N/A
Votes: 0
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| | Saturday, December 29, 2007 - 05:35 pm: |
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Experimenting with the point and figure chart you discover a number of limitations.
First among these is the fact that you cannot deconstruct a chart except column by column. I would suggest that a right click of the mouse over any X or O would display the date and price.
A way around the problem is to constantly switch between a candlestick chart and the point and figure chart day by day. This allows you too see the changes in price action, but it is clumsy.
Secondly I would like to see the 1st trading day of a new month replace the X or O in the accepted manner; 1~9 and A~C for Jan~Sept and Oct~Dec.
Thirdly it should be possible to use weekly and monthly data aswell.
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 30
Registered: 05-2007Rating: N/A
Votes: 0
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| | Monday, February 11, 2008 - 11:46 am: |
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I've been using the Point and Figure charts since the New Year and have 2 suggestions to make:
1. The usual price scale be replaced by one that matches the box size being used and line up with the X's and O's.
2. Enable counts and risk/reward calculations to be made within Incredible Charts using Point and Figure charts.
The market wins because it has an edge! Traders blink first.
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nihonjin
Member
Username: nihonjin
Post Number: 36
Registered: 05-2007Rating: N/A
Votes: 0
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| | Saturday, April 05, 2008 - 11:39 am: |
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To enhance Point and Figure charts why not use the empty left side y-axis to show a box size scale. If a 2 point chart is being used the scale will show values like 52,54,56... and if a 3 point chart is being used values would show 51,53,55. The right hand side y-axis would continue to show the actual prices.
Having the box values would help with calculating price targets and risk/reward ratios.
The market wins because it has an edge! Traders blink first.
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