Quote:
Originally Posted by lianwk
Hi Frangonve,
I went through what you have post and seems like an interesting system. Have you actually tested the system? [COLOR="Red"] I have notice something different in the P&F chart if the indicator is attached on different timeframe. This should not be the case as the principle of the P&F works on price action and not time.[/COLOR]
It would be wonderful and most appreciated if you could help to explain.
Thanks.
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I noticed this too and would like an explanation. If Point & Figure is based solely on price action then it stands to reason that a change in time frame would not change the P&F chart. Is it just this particular indicator or is it that MT4 operates on time as well as price and therefore the indicators do too? I don't know. Does anybody else know?
