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And no, I didn't take the time to figure out the text / post links! That would have required me to be thinking...

scar, try linking mo's trendsetter to a 3xCC chart of P&F. just sayin is all ;) G. Sure! Posted version 1.1 of the Indy on the Insanity thread. http://insanityindustries.net/viewtopic.php?f=19&t=413&start=10 I think I agree with MO on using this with P&F, but I might be able to get ...

The Trend Indy will not work with a P&F chart, since it looks for two consecutive up or down closes.

But the P&F for the same area as the above charts show how P&F condenses this information very efficiently:

I thought I would show a couple of different charts with the Trend Indy. This is the same GBPUSD chart info, but with 21-pip range bars: http://kreslik.com/forums/userpix/10976_cc_trend_gbpusd_21piprangebar_1.jpg And here it is with 10-pip Renko bars. I kind of like this combination. http://kreslik....

The price action on these charts as I see it: 1) Extending a move - if we've been paying attention, this should mean Dolar_Smile 2) Reversing - Depending on the chart TF, and where you are on Time Frames That Matter, this is an opportunity to shed lots, an opportunity to add lots, or #3. 3) Noise (f...

Thanks for the great charting idea, MO! It really does a good job helping to separate the wheat from the chaff. :idea: To me, it looks a lot like price-based charts, but with a variable bar size. I think that's a good thing. http://kreslik.com/forums/userpix/10976_cc_trend_gbpusd_h1_3.jpg

Hi MO, Yep, Bredin's version is better than mine! :) You mentioned using P&F charts more recently. What about Renko, since P&F is essentially a condensed version? I've been looking at the 3xCC on Renko charts in the last week, and it looks quite interesting. With no overlap, it looks like it...

vladv wrote:Thanks for sharing this,scar!

You're welcome.

Hopefully it will be helpful...

For those who follow trendline breakouts as part of their particular rat idiom, I've attached a little trendline indicator. A supply line is based on the two most recent supply points (highs), and a demand line is based on the two most recent demand points (lows). The caveat is that a supply line al...