Hi.
Please have a look at this link: http://finanzportal.wiwi.uni-saarlan...Kapitel6_9.htm
If P&F has the approximate same profitability in forex as it had during the time period it was tested for stocks ( 1100 stocks 1954 - 64 and 2 stocks 1914 - 64 ) - then, with proper money management, the patterns and breakouts are highly profitable.
What I am interested in is an alert added to the P&F indicator. Not a pattern recognition indicator. But a "close alert" every time a new block is drawn. If a 3-reversal box is drawn - an audio alert and pop-up box. If one further box is drawn - also an alert.
This way one could concentrate especially on ( see link ) :
B1 - % times profitable - 80,3
B2 - % times profitable - 80,4
S1 - % times profitable - 82,1
S2 - % times profitable - 88,6.
Every time there is an alert when a new box is drawn, one can look at the charts and see if either B1,B2,S1,S2 occurs or other patterns.
Attached is a screenshot with arrows to mark entries where either b1,b2,s1 or s2 occured.
Can anyone add alerts to this indicator ?
Or know of any programmer who can ?
The FXI_Point&Figure-Adv. indicator does unfortunately not recognize b1,b2,s1 or s2. It recognizes all the other patterns. Maybe the close alert can be added to that indicator ?
Please have a look at this link: http://finanzportal.wiwi.uni-saarlan...Kapitel6_9.htm
If P&F has the approximate same profitability in forex as it had during the time period it was tested for stocks ( 1100 stocks 1954 - 64 and 2 stocks 1914 - 64 ) - then, with proper money management, the patterns and breakouts are highly profitable.
What I am interested in is an alert added to the P&F indicator. Not a pattern recognition indicator. But a "close alert" every time a new block is drawn. If a 3-reversal box is drawn - an audio alert and pop-up box. If one further box is drawn - also an alert.
This way one could concentrate especially on ( see link ) :
B1 - % times profitable - 80,3
B2 - % times profitable - 80,4
S1 - % times profitable - 82,1
S2 - % times profitable - 88,6.
Every time there is an alert when a new box is drawn, one can look at the charts and see if either B1,B2,S1,S2 occurs or other patterns.
Attached is a screenshot with arrows to mark entries where either b1,b2,s1 or s2 occured.
Can anyone add alerts to this indicator ?
Or know of any programmer who can ?
The FXI_Point&Figure-Adv. indicator does unfortunately not recognize b1,b2,s1 or s2. It recognizes all the other patterns. Maybe the close alert can be added to that indicator ?
Attached File(s)
PointAndFigure.mq4
7 KB
|
456 downloads
FXI_Point&Figure-Adv.mq4
39 KB
|
505 downloads