Learning to read Price Action with P&F Charting

Quote from dentist007:

TTTrrr...now i do understand what you are talking about
ok..so technically bullseye should not be used for intraday data.this,to me is garbage.i have configured bullseye to read intraday data from two sources.it works great.the charts are correctly presented and look great.i know carl is working on a real time version of beb.ie the data does not have to be downloaded,but is streamed to beb.however,there is a way round this,which i did tell him about.the data can be collected from esignal or iq feed at regular intervals,input by the user.the data is collected by qcollector and put into a file on the hard drive.beb will refresh automatically.i told him that there was no need to write a real time version
one thing i have come across,when using intraday data...the look back period must have enough data to get the whole trend,whether it be a major ,intermediate or minor trend.this is needed to input all the 45 degree trendlines for the whole part of the trend,including all the internal trendlines.this enables you to break down the chart with 45 degree trendlines into bullish and bearish sections.so,for minor trends,i will look at the 10 min data,because it has a 3 week look back period.my reasoning is that any minor trend does not last more than 3 weeks.
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Okay. I'll send you later here an example of soft errors intraday data.
 
Quote from dentist007:

fine..send it.i will try and configure bullseye
make sure its in csv format and not text.beb cannot read text
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That's not the problem. The problem in another. Because that during intraday data is no date DAY, BEB not correctly analyze the turn. If you change the data in the intraday time, the format of "MM/DD/YYY", then BEB will draw Graphic correctly.
 
sample image.
I used data on minutes a week. Damn P&F excel, and BEB. The figure shows that BEB not made a reversal, although the Classics should do it. Me by soft proposed change in the intraday data date and place of the time to insert days. As soon as I had done in Metastock BEB drew me everything correctly with the thrust reverser.
for more.......
look
you date

05/12/2010 12:11:11 4343653
05/12/2010 12:12:11 34535343
05/12/2010 12:13:11 35345
05/12/2010 12:14:11 3454353
05/12/2010 12:15:11 3254343

When data is one and the same day, BEB would draw P&F is not correctly. Must be that day was different.

05/12/2010 12:11:11 4343653
05/13/2010 12:12:11 34535343
05/14/2010 12:13:11 35345
05/15/2010 12:14:11 3454353
05/16/2010 12:15:11 3254343

With these data BEB will draw correctly.
 

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Quote from TTTrrr:

sample image.
I used data on minutes a week. Damn P&F excel, and BEB. The figure shows that BEB not made a reversal, although the Classics should do it. Me by soft proposed change in the intraday data date and place of the time to insert days. As soon as I had done in Metastock BEB drew me everything correctly with the thrust reverser.
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i think i know what the problem is..youre excel could be calculating from hilo plot and not close.hence the reversal column down is wider.ie 2 columns down
or
the excel formula does not match the beb formula for calculating the chart
 
Quote from dentist007:

i think i know what the problem is..youre excel could be calculating from hilo plot and not close.hence the reversal column down is wider.ie 2 columns down
or
the excel formula does not match the beb formula for calculating the chart
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It is not so. Author soft BEB himself admitted that draws correctly only if the data is on different days. In email wrote it.
 
70 pip box size by 3 reversal.there is a down thrust column / orange line.this will activate a vertical count of 1.0700 area.1.2460 needed on this chart to activate it.not forgetting there is no time for this target.it will make this chart very bearish,if 2460 broken
not good for stocks

260z6lf.gif
 
Quote from dentist007:

ok..so carl is saying that beb cannot read the data properly as there is no time interval on the csv input.i am not sure what you want to do
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If you write sift language VB script (OS Windows), which substitutes a CSV file correctly to the days of the date, you can bypass the error BEB.
 
1.2460 got hit today in the european session.as it is a hilo plot,on daily data,we dont need to wait for the close.the chart of eurusd daily.70 pip...above now has a downside count active of 1.0100..approx 20 % away
 
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