Point & Figure Chart Indicator for MetaTrader 4 Platform

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Introduction:

You can change Box size (in pips) and Reversal amount (in boxes). Any timeframe, any pair.

By default: green mean “X” and red “O”.

For Better viewing use line graph and change from chart properties (F8) line graph color to “None”.

Bug report: If you refresh chart by adding older bars, then you need reload indicator (i.e switch timeframe and back). If anybody knows solution, you are welcome.

P. S. Point & Figure charts works well with gann lines. In Picture 1 is Gann fan with scale 5.0.

P. P. S. WTF is Point & Figure

Installation:

1. Copy “Point & Figure indicator.mq4” file to C:/Program Files/MetaTrader4/experts/indicators folder
and restart your MetaTrader.
2. Open Navigator/Custom Indicators panel and drag the indicator named “Point & Figure indicator.mq4” to the
chart of any currency pair.

Click to Download:  XO

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