Discussion of article "The Last Crusade" - page 2

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IgorM:

...

ZY: is it really so difficult for developers to make the possibility of MT5 to draw on the canvas of the TF window? of TF windows? I'll just keep silent about custom offline charts......

good luck!

I think Renat announced something like that the other day, if I'm not mistaken.
 
tol64:
Renate announced something like that the other day, if I'm not mistaken.

It's already in the works.

First we will make an easy way to dynamically create bitmaps and bind them to graphical objects, and then we will make standard functions of drawing to bitmap. Although it will be possible to draw in the buffer even without standard functions if desired.

 

Forum on trading, automated trading systems and testing trading strategies

Indicators: Point and Figure

newdigital, 2013.09.12 16:29

Point & Figure Charting

Point & Figure Charting reduces the importance of time on a chart and instead focuses on price movements. Point & Figure charts are made up of X's and O's, X's being new highs and O's being new lows. There are two inputs to a Point & Figure chart:

  1. Box Size: The size of movement required to add an "X" or an "O". For example, a stock at a price of $20 may have a box size of $1. This means that an increase from $20.01 to a high of $21.34 means another "X" is added. If the high price only increased to $20.99, then another "X" is not added because the stock didn't close another box size ($1) more.
  2. Reversal Amount: The size of reversal before another column is added to a Point & Figure chart. To illustrate, if the reversal amount is $3, then the $20 stock would have to fall down to $17 before a new column (in this example of O's) would be started.

One of the main uses for Point & Figure charts, and the one emphasized in this section, is that Point & Figure charts make it easier for traders to see classic chart patterns. In the chart below of the E-mini S&P 500 Future, the Point & Figure chart emphasized support and resistance lines as well as areas of price breakouts:


Again, the Point & Figure chart makes it easy for traders to see the double bottom pattern below in the chart of the E-mini S&P 500 Futures contract:


The e-mini chart above illustrates the two bottoms of the double bottom pattern, as well as the confirmation line that is pierced, resulting in a buying opportunity.

Point & Figure is a very unique way to plot market action. The strongsuit of Point & Figure charting is that it eliminates the element of time and focuses on what is truly important - price

 
Attached files
pnf.zip (659.49 KB)
cintbmp.mqh (39.68 KB)
pnf2.mq5 (27.36 KB)

lic.txt (1.35 KB)

 How can i use these indicator and others for MT5?  i insert these in mt5,but don't see them in platform.

perhaps i insert them in a incorrect places,,,,,anybody advise me. thx

 

hi 

also i couldnt show in chart whats the problem i couldnt understand can you help me how we can setup file?

 
myalcin #:

hi 

also i couldnt show in chart whats the problem i couldnt understand can you help me how we can setup file?

Brother You have to open that indicator and compile it. then refresh the Indicators List in Navigator Pane.
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