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Old 02-18-2009, 02:54 AM
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Quote:
Originally Posted by point-figure View Post
and is possible to translate in easylanguage for tradestation?thanks
I'm sure it's already translated. Search on TS forum.
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Old 02-20-2009, 09:12 PM
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I like using point and figure charts for trading forex, too. I am using an indicator for MT4 to draw the charts.

It's possible to change the box size, reversal, using high/low or close prices, and has automatic 45 degree trendlines.

I am wondering why point and figure isn't very popular in forex trading. In my opinion, too many are just following fancy, lagging indicators instead of looking at price action.

Here are some screenshots. Both EURUSD and reversal set to 3. The one with box size 5 is based on close prices, the other one (100 pips box size) on high and low values.

// Edit: Sorry, screenshots are a little bit too big. I thought they maybe would be scaled down. Hope you don't mind. You can get the Point and Figure MT4 indicator here.
Attached Images
File Type: gif rev3-boxsize5-close.gif (25.2 KB, 428 views)
File Type: gif rev3-boxsize100-high-low.gif (45.8 KB, 420 views)

Last edited by adamp; 02-26-2009 at 07:51 AM.
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Old 02-23-2009, 07:45 AM
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adamp,can you please share the P&F indicator that you are using on those cool MT4 charts?Of course,if it's a free one.......
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Old 02-23-2009, 08:00 AM
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Its not free I found out. Google the name in the corner of hi chart.
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Old 02-23-2009, 11:10 AM
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The similar indicator:
Attached Files
File Type: ex4 Point&Figure.ex4 (6.0 KB, 245 views)
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Old 02-23-2009, 03:26 PM
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Do you have the source for it?
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Old 02-23-2009, 07:57 PM
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Yes, I have MQ4 file...
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