Point and Figure Charts?
bump
bump bump bump bump bump no one has this or wants to code it for everyone?
bump bump bump bump bump no one has this or wants to code it for everyone?
I'm curious, how long do you suppose it would take to code an indicator that would do all you suggested - 1 hour, 2 hours, 3 hours...? My guess, it would take at least that long. And there you also have your answer - too time consuming! If you really want this coded, there are at least half a dozen coding experts on this forum who will do it for a price. In the meantime, check out the 'marketprofile' indicator.
Point&Figure Code
This is AmBroker Formula language . in MQL4 you can not plot in PF style but you can plot it as bars/line.
_____________________________________________
decimals= LastValue(IIf(StrRight(Name(),3) == "JPY", 100, 10000));
Box = Param("Box", 10, 1, 100, 1) /decimals;
Revers = Param("Reverse", 3, 1, 5);
//--------------------------------------
j = 0;
PFL[0] = Box * ceil(Low[0]/Box) + Box;
PFH[0] = Box * floor(High[0]/Box);
direction = 0;
//----------------------------------------
for( i = 1; i < BarCount; i++ )
{
if(direction[j] == 0)
{
if(Low <= PFL[j] - Box)
{
PFL[j] = Box * ceil(Low/Box);
}
else
{
if(High >= PFL[j] + Revers*Box)
{
j++;
direction[j] = 1;
PFH[j] = Box * floor(High/Box);
PFL[j] = PFL[j - 1] + Box;
}
}
}
else
{
if(High >= PFH[j] + Box)
{
PFH[j] = Box * floor(High/Box);
}
else
{
if( Low <= PFH[j] - Revers * Box )
{
j++;
direction[j] = 0;
PFH[j] = PFH[j - 1] - Box;
PFL[j] = Box * ceil(Low/Box);
}
}
}
}
delta = BarCount - j -1;
direction = Ref(direction, - delta);
Hi = Ref(PFH, -delta) + Box/2;
Lo = Ref(PFL, -delta)- Box/2;
Cl = IIf(direction == 1, Hi, Lo);
Op = IIf(direction == 1, Cl - Box, Cl + Box);
PlotOHLC(Op, Hi, Lo, Cl,"", ParamColor("ChartColor",colorLightGrey), stylePointAndFigure|styleNoLabel);
Kagi Chart Code
This is the code for AmiBroker but I think it can be easily translated into MQL4:
____________________________________________________________
reverse = Param ("reverse %" ,0.1, 0.1, 1,0.1)/100;
// initialize first element
j = 0;
KC[j] = Close[0];
direction=0;
for( i = 1; i < BarCount-1; i++ )
{
// percent reversal requirement
if(direction[j]==0)
{
if( Close <= KC[j]) //continue down
{
KC[j] = Close;
}
else
{
if( Close >= KC[j]*(1 + Reverse)) //Change direction to up
{
j++;
direction[j] = 1;
KC[j] = Close;
}
}
}
else
{
if( Close >= KC[j]) //Continue up
{
KC[j] = Close;
}
else
{
if( Close <= KC[j]*(1 - Reverse)) //Change direction to down
{
j++;
direction[j]=0;
KC[j] = Close;
}
}
}
}
delta = BarCount - j-1; //shift the chart to the wright
kagi= Ref(kc,-delta);
direction = Ref(direction,-delta);
Color =39;// IIf(kagi>Ref(kagi,-1), colorGreen, colorRed);
Plot(kagi, "", Color, styleStaircase|1024 );
Three Line Break
This is the code I wrote for TLB in AFL .
_____________________________________________________________
break = Param("Break", 3, 1, 5, 1);
tc[0]= L[0];
to[0]=H[0];
Line[0]=H[0];
j=0;
direction= 0;
down[0]=0;
up[0]=0;
for (i=1; i<BarCount; i++)
{
if (direction ==0)
{
if( C <tc[j] )
{
j++;
down[j] = down[j-1]+1;
up[j]=0;
tc[j] =C;
to[j]=tc[j-1];
if(down[j]<break)
Line[j] =to[j-1];
else
Line[j] = to[j-break+1] ;
}
else
{
if(C>Line[j])
{
j++;
down[j]=0;
up[j] =up[j-1]+1;
direction =1;
tc[j] =C;
to[j]=to[j-1];
if(break>1)
Line[j] = tc[j-1];
else
Line[j] =to[j];
}
}
}
else
{
if( C >tc[j] )
{
j++;
down[j]=0;
up[j] =up[j-1]+1;
tc[j] =C;
to[j]=tc[j-1];
if(up[j]<break) Line[j] = to[j-1];
else Line[j] = to[j-break+1];
}
else
{
if(C<Line[j] )
{
j++;
up[j]=0;
down[j] = down[j-1]+1;
direction =0;
tc[j] =C;
to[j]=to[j-1];
if(break>1) Line[j] = tc[j-1];
else Line[j] =to[j];
}
}
}
}
delta = BarCount-1 - j;
Cl= Ref(tc,-delta);
Op =Ref(tO,-delta);
PlotOHLC(Op,Cl,Op,Cl,"",colorBlack, styleCandle);
This looks like PnF, but thepage is in russian.
https://www.mql5.com/ru/code/9750
Here's Renko https://www.mql5.com/ru/code/9761
Here's Kagi https://www.mql5.com/ru/code/9757
in MQL4 you can not plot in PF style but you can plot it as bars/line.
correct, but you can simulate X and O with trend and ellipse objects
isn't perfect...
and is possible to translate in easylanguage for tradestation?thanks
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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Anyone have a "Point and Figure" charts plugin?
It would require all the bells and whistles..
reversal size customization, box size customization, "high/low, or close"
etc.
Anyone know where to get something like this.. or is anyone willing to code this up?
Point and figure could be amazing for forex.