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Connection the current price to EXACT trends before
idea: View the current price and the exactly price-movements before. ex: The price moves 5 pips up, regardless in which amount of time. It forms a simple up-trend. Now a single pip goes down. The upward trend gets broken. All trends together are forming what you are able to see in the charts.
![]() or view it here: pictures |
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Quote:
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then please visit the linked page. Sometimes it is shown.
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What I described is an already known Point and Figure Chart:
http://www.investopedia.com/terms/p/...igurechart.asp But I didn't find any broker offering such a chart. Do you know one? |
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Quote:
Last edited by newdigital : 01-21-2006 at 11:00 AM. |
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whether to you can help this Indicator ? http://www.forex-tsd.com/indicators-..._on_chart.html -- |
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hmm thank you, but all I'm able to see is a bar-chart. Well a bar chart doesn't show exactly the trends.
No. A chart looking like this: Code:
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+-+-
+ -
+ -+-
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- [1.1996]
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PS: Does the chart below show the exact pip-trends? I thought is relative to the upper chart...
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Point and Figure, my program is now able to do this. I ask you to try it at least. I think it helps to make the right decisions in a row.
http://qweet.piranho.com/pictures.htm ![]() |
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