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

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Jalarupa
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Postby Jalarupa » Tue Sep 27, 2011 11:14 am

PebbleTrader wrote:Why do we need time based charts!?


Ohh ooh let me try...

Um... So we know how long we have been staring at the charts...?
So that we know when its lunch time and the market will slow down...?

I think next once all this brutal development has calmed, that we should start discussing entry points ect...

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Postby PebbleTrader » Tue Sep 27, 2011 11:17 am

"Um... So we know how long we have been staring at the charts...?
So that we know when its lunch time and the market will slow down...? "

LOL

:lol:

I haven't decided to ditch mine yet, but I have been questioning the possibility :)
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Postby Jalarupa » Tue Sep 27, 2011 11:23 am

PebbleTrader wrote:"Um... So we know how long we have been staring at the charts...?
So that we know when its lunch time and the market will slow down...? "

LOL

:lol:

I haven't decided to ditch mine yet, but I have been questioning the possibility :)


Nah, don't get me wrong... I still take my orders off time based charts... But when s&r line up I pull that trigger

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Postby PebbleTrader » Tue Sep 27, 2011 11:29 am

What would be really cool right up there next to the box timer is a little line chart trend of SPEED within a box "timeframe".

So you could see how the SPEED CHANGES as time passes...
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Postby PebbleTrader » Tue Sep 27, 2011 11:32 am

Just throwing out ideas...

But I REALLY REALLY REALLY LIKE the PnF Box Timer idea :)
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Postby Jalarupa » Tue Sep 27, 2011 11:43 am

PebbleTrader wrote:Just throwing out ideas...

But I REALLY REALLY REALLY LIKE the PnF Box Timer idea :)


Kinda like MO's "high water mark"

Very nice... Very exciting...

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Postby PebbleTrader » Tue Sep 27, 2011 11:47 am

"high water mark"

Max Breach would be just like that :)

How high did the water rise within the current box? :)
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Postby bredin » Tue Sep 27, 2011 11:54 am

Guys, right now I am concentrating on a couple of (what looks like) minor bugfixes... cos I want the indi working *perfectly* before I work on embellishments.

There are some limitations to MT4 that require one or more 'workaround' solutions... eg if you want full boxes on the last bar than I cannot also show you the current price.... MT4 thinks there is a new tick if the most recent bar *changes*, so you cant just whack on a price indi and see what it says, since it will either:
a) update when the next 'tick' comes into the offline chart, or
b) show you the 'current' offline chart price always.

Sometimes... no make that almost continually... I really get to dislike metaquotes's slack assed coding.

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Postby PebbleTrader » Tue Sep 27, 2011 12:04 pm

Another way to show SPEED would be to just show how much TIME has elapsed for the current COLUMN of BOXES.

THEN:

COMPARE BOX COLUMN HEIGHT to TIME
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Postby PebbleTrader » Tue Sep 27, 2011 12:27 pm

I don't really know how I want to tie all this together yet. In EXPLORE MODE ATM.
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