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2009.02.27 14:21
Point & Figure indicator

Point & Figure indicator - indicator for MetaTrader 4

| English Spanish Portuguese

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8978
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Files:
XO.mq4 (4.34 KB)view

You can change Box size (in pips) and Reversal amount (in boxes). Any timeframe, any pair.

By default: green mean "X" and red "O".

For Better viewing use line graph and change from chart properties (F8) line graph color to "None".


Bug report: If you refresh chart by adding older bars, then you need reload indicator (i.e switch timeframe and back). If anybody knows solution, you are welcome.

P. S. Point & Figure charts works well with gann lines. In Picture 1 is Gann fan with scale 5.0.

P. P. S. WTF is Point & Figure...? Look at Investopedia.com



Picture 1

Last comments | Go to discussion (5)
MQL4 Comments
mql4_comments | 1 Mar 2009 at 07:36

Thanks for the great indicator. But I think you uploaded the wrong XO indicator that isn't

the Point & Figure Indicator you displayed and talked about! Am I missing something?

miisujapolla
miisujapolla | 1 Mar 2009 at 16:19

Hi wintelligent,

You loaded indicator and nothing happened? Then look what is written in "Expert" tab in Terminal window. Maybe this helps...

Or you see this picture:


Default view


Then shrink chart Vertical scale (click to price area and shrink) and after that:


Shrinked

MQL4 Comments
mql4_comments | 15 Mar 2009 at 07:08
granparadiso:

Hi wintelligent,

You loaded indicator and nothing happened? Then look what is written in "Expert" tab in Terminal window. Maybe this helps...

Or you see this picture:


Default view

Then shrink chart Vertical scale (click to price area and shrink) and after that:


Shrinked

It is now working...Many thanks!!!

MQL4 Comments
mql4_comments | 13 Jun 2010 at 13:37
wintelligent:

Thanks for the great indicator. But I think you uploaded the wrong XO indicator that isn't

the Point & Figure Indicator you displayed and talked about! Am I missing something?



I wrote it someone on this site on russian but i will wrote it on english one more time :)

  Point and Figure Indicator with date showing and reverse+box customization is somewhere on this site or at download section at: forexpnf.info 
 

 

 

georgeP
georgeP | 28 Nov 2013 at 20:56
I tried this indicator and I can't seem to figure it out. It just shows a bunch of Up and downbars over layed with regular price bars. It looks like your trying to sell a box version of point and figure software. Spam I guess. Or maybe I am doing something wrong here!