First of all, I would like to thank the author @LonesomeTheBlue.
This indicator developed on the source code "Point and Figure (PnF)" by author @LonesomeTheBlue.
This indicator calculate the range (Cause) of Phase accumulation or distribution to calculate the taget (Effect) based on the Wyckoff Method.
Formula for calculate move value target : Col * BoxSize * Reversal
Col -> Number of Column (PnF) in the range (Cause)
BoxSize -> Value in one Box (PnF)
Reversal -> Reversal (PnF)
This indicator developed on the source code "Point and Figure (PnF)" by author @LonesomeTheBlue.
This indicator calculate the range (Cause) of Phase accumulation or distribution to calculate the taget (Effect) based on the Wyckoff Method.
Formula for calculate move value target : Col * BoxSize * Reversal
Col -> Number of Column (PnF) in the range (Cause)
BoxSize -> Value in one Box (PnF)
Reversal -> Reversal (PnF)
Versionsinformation:
.
Versionsinformation:
Fix bug
Versionsinformation:
Do not use the "Point and Figure ( PnF )" calculation algorithm by author @LonesomeTheBlue.
Instead, I use TradingView's "Point and Figure ( PnF )" calculation algorithm directly.
Helps increase accuracy and synchronization with tradingview more.
Instead, I use TradingView's "Point and Figure ( PnF )" calculation algorithm directly.
Helps increase accuracy and synchronization with tradingview more.
Versionsinformation:
fix bug
Versionsinformation:
Change default Reversal to 1