This indicator displays a tic-tac-toe chart (PnF charts) in the indicator window. Such graphs show only those price changes that are greater than the specified threshold value (cell size). This allows you to hide the noise and focus on the main trends.
Time is not taken into account here. Only the price movement is taken into account. This is why the tic-tac-toe chart does not sync with the main chart it is attached to.
For more information about tic-tac-toe graphs, see Wikipedia.
The indicator works in two modes:
- CLOSE-when plotting the chart, only the closing prices are taken into account;
- HIGH_LOW-only high/low prices are taken into account.
The threshold value can be specified in two ways:
- PIPS – in the number of pips;
- ATR-as the current value of the ATR indicator (note that the current value of the ATR changes when the indicator is reinitialized or restarted!).
Other features:
- You can change the U-turn parameter;
- You can change all the colors used in the indicator;
- You can enable/disable the grid;
- You can move the chart and change its scale using the keyboard.
Keys:
- W, S, A, D – move the graph;
- Q, E-increase/decrease;
- G – show / hide the grid.
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Note: this indicator does not work in the strategy tester.
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