This is one of my first indicators. Slightly improved.
The indicator is based on point and figure chart, but their period is equal to ATR indicator values.
- ATRPeriod - ATR period for calculation of steps.
- OnBarsCalc - enables using BarsCalc if set to true.
- BarsCalc - the number of bars calculated.
Note: The indicator uses closes price, thus it is recommended to consider completed bars.