What does the One Step Back Building option mean?

One Step Back is a way to build 1-box P&F charts, which is an important component of the Wyckoff chart analysis method and helps P&F chart analysts see patterns more clearly.

In the usual construction method, figures indicating a change in price in the opposite direction are always drawn in a new column. In the picture below, these are figures O (1) and the lowest figure in column X (2).

Let’s consider the One Step Back building process. If there is only one figure in the current column (O (1) in the picture), and a new figure is formed that indicates the price change in the opposite direction (in the picture this is the lowest figure in column X (2)), then this new figure is not built in a new column, rather the current one. Thus, figures X and O can be combined into one column. Keep in mind that there cannot be less than two figures.

You need to set Reversal Amount = 1 and enable the One Step Back Building option to use this method on a P&F chart.

الصفحة الرئيسية منصة الأسهم منصًة العملات منصّة العملات الرقمية جدول الأعمال الاقتصادي حول مميزات الرسم البياني أسعار العضوية إحالة صديق قوانين الموقع مركز المساعدة حلول المواقع الإلكترونية والوسطاء الأدوات حلول الرسوم البيانية مكتبة الرسوم البيانية صغيرة الحجم المدوّنة والأخبار تويتر