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Stocks & Commodities V. 23:6 (46-50): Sidebar: Constructing a PAC chart by François Bertrand

Stocks & Commodities V. 23:6 (46-50): Sidebar: Constructing a PAC chart by François Bertrand

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Stocks & Commodities V. 23:6 (46-50): Sidebar: Constructing a PAC chart by Franois Bertrand

CONSTRUCTING A PAC CHART

Here are the steps:

1. Create a price grid where each row in the grid represents a range of prices. Then identify the range of boxes in the grid that encompasses each days trading range (from low to high). This step is somewhat similar to how point & figure charts are constructed. . .
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