Question about data compression methods
Posted: 08 Feb 2007
Hi. No problems this time. Just had a question for TS Support or really anyone who knows...
MCFX is the first software I've seen that provides an alternative to charts that generate candles according to the passage of time. They call this (count or) price compression, and, in what I believe to be it's superior form, it uses price movement to generate new candles or bars (ex. 10 point, 20 point, etc...).
Did TS Support INVENT price compression? I ask this because I never even heard of it before becoming an MCFX subscriber. It has proven invaluable to my analysis and is an amazing feature that should by all means be retained in future versions.
Just curious. Thanks for the help.
MCFX is the first software I've seen that provides an alternative to charts that generate candles according to the passage of time. They call this (count or) price compression, and, in what I believe to be it's superior form, it uses price movement to generate new candles or bars (ex. 10 point, 20 point, etc...).
Did TS Support INVENT price compression? I ask this because I never even heard of it before becoming an MCFX subscriber. It has proven invaluable to my analysis and is an amazing feature that should by all means be retained in future versions.
Just curious. Thanks for the help.