Hi Team,

Is it possible to automate trading using Tradepoint.definedge PNF charts to identify Turtle breakout opportunities ( in the given Options) and generate entry/exit signals based on target levels and moving averages?

If yes, could you please share the reference.

Regards,
Prasad

As per my understanding , The choice between these settings depends on the:
Volatility of the Asset:
0.25% * 3 (daily): This setting is suitable for less volatile assets. A smaller box size captures smaller price movements and the 3x reversal amount ensures the chart doesn't become overly sensitive to minor fluctuations.
1% * 3 (daily): This setting is appropriate for more volatile assets. A larger box size filters out smaller price movements and the higher reversal amount helps identify stronger trends amidst volatility.
Additional Considerations:

Trading Style:
Scalpers: Might prefer a smaller box size to capture short-term price movements.
Positional Traders: Might prefer a larger box size to focus on longer-term trends.