Stocks & Commodities V. 23:1 (30-35): Sidebar: About Renko charts and box sizes by Robert Busby, Ph.D.
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Stocks & Commodities V. 23:1 (30-35): Sidebar: About Renko charts and box sizes by Robert Busby, Ph.D.
Here’s an amusing technical phenomenon. The P&F data is computed using a box reversal of one and is then manipulated into four columns in the following way: On up days, a row is formed using the data from the previous day, then the current data, then repeat both. On down days, the data is subtracted from box size (assumed fixed) and a row is formed using data from the previous day twice, then the current data twice.
Here’s an amusing technical phenomenon. The P&F data is computed using a box reversal of one and is then manipulated into four columns in the following way: On up days, a row is formed using the data from the previous day, then the current data, then repeat both. On down days, the data is subtracted from box size (assumed fixed) and a row is formed using data from the previous day twice, then the current data twice.
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