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X_O_serg153xo - Indicator for MetaTrader 4

X_O_serg153xo
TypeIndicators PlatformMT4 Version10 Date created15 January 2014 Date updated19 August 2017
Formatmq4 Size4.8Kb Downloads62 Rating
4.5 of 5
based on 2 rates

The indicator uses "tic-tac-toe" or Point & Figure (P&F) principle. It is noteworthy, that this indicator completely ignores the time frames and reflect only price changes on the chart. So P&F charts display price changes on the X and Y axes simultaneously, and do not give any information about time intervals.

"Cross" (X) is a red cell, and "zero" (O) - yellow. Crosses appear when price rises, toes - if price falls. The base price change value (RazmBox), which indicator should display on the chart, is set by trader.

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