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Point-and-Figure indicator lets you plot P&F charts directly in MetaTrader using real ticks downloaded from your broker's server automatically.

Home Page: https://www.earnforex.com/metatrader-indicators/Point-and-Figure-Indicator/

License: Apache License 2.0

MQL5 100.00%
alerts chart forex forex-market indicator metatrader metatrader-5 mql5 mt5 point-and-figure

point-and-figure's Introduction

Point-and-Figure

Point-and-Figure is an indicator for MetaTrader 5 by EarnForex.com. It is based on real ticks data that can be downloaded from your broker's MT5 server. The indicator downloads the data for the given time range and plots the P&F chart according to your parameters. It then keeps updating the chart in real-time as new ticks arrive. This indicator supports all types of alerts.

The Point-and-Figure indicator draws its X/O objects in the main chart window, not in the separate window (like some other PnF indicators do).

Point-and-Figure indicator built an example chart for the EUR/USD pair

A detailed description of the indicator can be found here: https://www.earnforex.com/metatrader-indicators/Point-and-Figure-Indicator/

Any contributions to the code are welcome!

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