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.
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?
What I described is an already known Point and Figure Chart: 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.
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.
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:
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+-+-
+ -
+ -+-
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- [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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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