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...
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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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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lazygeorge
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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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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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