Connection the current price to EXACT trends before

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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

 
qweet:
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

Can not see an image.

 

then please visit the linked page. Sometimes it is shown.

 

What I described is an already known Point and Figure Chart:

http://www.investopedia.com/terms/p/pointandfigurechart.asp

But I didn't find any broker offering such a chart. Do you know one?

 
qweet:
What I described is an already known Point and Figure Chart:

http://www.investopedia.com/terms/p/pointandfigurechart.asp

But I didn't find any broker offering such a chart. Do you know one?

I have these two indicators but I can not check it now because indicators are working on the opened market only. They are not backtesting. You should have WinUser32.mqh file in /include folder.

Files:
xo.mq4  7 kb
xo-h-timotei.mq4  5 kb
winuser32.zip  4 kb
 
qweet:
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

Hi,

whether to you can help this Indicator ? https://www.mql5.com/en/forum

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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:

+-

+-+-

+ -

+ -+-

-

-

- [1.1996]

 

PS: Does the chart below show the exact pip-trends? I thought is relative to the upper chart...

 

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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