Point and Figure Indcator

[asmmbillah]

Hi, I have searched in your support forum and different other places to find any indicator related to point and figure charts. Could not find any. Is there anything available in your support?

Also, I am planing to code indicator to work on point and figure charts, will you be able to show me where to start from? Because I am little bit confused about this. I normally did code some indicators for other chart styles.

Please help.

[NinjaTrader_JoshG]

Hello asmmbillah,
Thanks for your post.

Just about any default indicator could be "related" to Point & Figure charts so that is a very broad search term. What kind of signals are you looking for specifically?

There also would not be any differences between programming an indicator for a Point & Figure chart versus any other bar type. What specifically are you "confused" about in regards to creating your indicator?

[asmmbillah]

I am looking to draw trend line 45 degree angle connecting adjacent lines and trying to get a signal when x crosses over previous x bar level with a line.

it would be better to see any example to avoid confusion how pnf indicators are coded.

[NinjaTrader_JoshG]

asmmbillah,

I am not aware of any samples that demonstrate differences in coding practices for a PnF only indicator. What are your having trouble with specifically?

Perhaps another user has a sample or some advice that can be of assistance.

[asmmbillah]

Hi JoshG,

Please see the below code:

protected override void OnBarUpdate()
{
if (BarsInProgress != 0)
return;

if (CurrentBars[0] < 2)
return;

// Set 1
if (High[0] > High[2])
{
Draw.ArrowUp(this, @"pnf Arrow up_1", false, 0, 0, Brushes.Lime);
}

}

I am simply trying to draw an arrow on a bar when it's high goes above the high 2 bars ago. for example, see the screenshot attached, green X crossed, the previous green X, but my code is not plotting the arrow.

Please advise.

[NinjaTrader_JoshG]

asmmbillah,

You do not see the drawing object because you have autoscale set to false and the Y-Value is set to 0.

Draw.ArrowUp(this, @"pnf Arrow up_1", false, 0, 0, Brushes.Lime);

I expect you will see the object is being added to the chart if you right-click inside your chart>>Drawing Tools>>Drawing Objects...

You will need to use a Y-Value input that lets the object know what price to be at.

https://ninjatrader.com/support/help...aw_arrowup.htm