P&F charts suck, don't use them...

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paweldobkowski
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Postby paweldobkowski » Fri Sep 23, 2011 4:36 pm

Isn't P&F like Renko only instead of beeing printed "normally" boxes are on top of each other?

EU M5 NORMAL:
Image

EU RENKO (no time - plotted from M1 data):
Image

same period of time marked by red line
Last edited by paweldobkowski on Fri Sep 23, 2011 4:40 pm, edited 1 time in total.

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Jalarupa
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Postby Jalarupa » Fri Sep 23, 2011 4:36 pm

Image

Rule of 30 60 90...

Note... I haven't looked at a price chart once... all day... I swear... I wanna see if these yellow "hotspots" match anything remotely usable on PT's charts...

Humour me... if I'm wrong I'll go back to the drawing board...
:smt065

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Jalarupa
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Postby Jalarupa » Fri Sep 23, 2011 4:39 pm

bredin wrote:with 3lzz indi just cos I can....


See... Now THIS is why I reckon you kick ass... plain and simple...

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MightyOne
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Postby MightyOne » Fri Sep 23, 2011 4:59 pm

bredin wrote:Image

GJ 10x2

and....

Image

with 3lzz indi just cos I can....

one or two known bugs to iron out ;)

G.


:shock: SOLD!

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PebbleTrader
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Postby PebbleTrader » Fri Sep 23, 2011 5:12 pm

"SOLD!"

I'll buy ah copy :)

Lookin' good
Life is just a journey

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Postby lazygeorge » Fri Sep 23, 2011 5:12 pm

PebbleTrader wrote:"Excellent work PT,even if an mt4 indi becomes available"

Even if? With a coder like Bredin, the question becomes "WHEN the MT4 indi becomes available"

:)



Bredin knows i would never doubt his coding skills......

PLUS....... you can NEVER knock a guy who is brave enough to share
something pornographic on youtube :lol: :P

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PebbleTrader
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Postby PebbleTrader » Fri Sep 23, 2011 5:20 pm

"Isn't P&F like Renko only instead of beeing printed "normally" boxes are on top of each other? "

I hadn't had a chance to study Renko closely, looks like it is doing something similar.

I like the alignment of levels in columns better in PnF because you can see more.
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paweldobkowski
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Postby paweldobkowski » Fri Sep 23, 2011 5:22 pm

PebbleTrader wrote:"Isn't P&F like Renko only instead of beeing printed "normally" boxes are on top of each other? "

I hadn't had a chance to study Renko closely, looks like it is doing something similar.

I like the alignment of levels in columns better in PnF because you can see more.


Oh I see.

You Guys are doing great work here.
Keep it up!

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PebbleTrader
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Postby PebbleTrader » Fri Sep 23, 2011 5:28 pm

"Rule of 30 60 90... "

60* down (2x)
30* up (1/2)

30* + 60* = 90*

????????????????

Is that what you are saying?
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PebbleTrader
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Postby PebbleTrader » Fri Sep 23, 2011 5:40 pm

"You could always use halves to point out that price bounced between the 5-10 level or 25-50 level:"

I like that.

I posted some ideas about breachs earlier in this thread.

I liked having more control over it, being able to see what the breach was and being able to have a setting that only shows 7-9's or 5-9's etc. Just in playing with it 7-9's seemed to be the best setting for seeing what areas reached.

So, am I seeing this correctly, the way Bredin is plotting his PnF charts, it actually is showing the breach's right?
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