This is a little contribution from my side. Over the years, I have developed this point and figure software. Standard softwares in the market are costing around $25 - $150, but this excel-based software is free of cost.
Features of this software:
- Simple excel-based software; does not require any installation
- Can draw on both High-Low price method & Close price method
- Can follow a wyckoff method of plotting for 1-point reversal
- Scales can be altered, rounded off as per trader's preference
- Automatic data retrieval from http://finance.yahoo.com/
- Manual data can also be used
- Any box-reversal is possible
- Charts can be used for any time-frame data
- Change in month is identified in the chart itself
- Suggests suitable block-size for the available data-set
- And many more for you to explore ...
- Some person in some forum had shared a base-level code. But it was quite faulty both fundamentally & technically. I don't remember that person's name. But I sincerely thank that person for having made this work possible.
- Also I thank my e-Guru, iLango, for inspiring me to do the act of sharing to the trading community.