Hi everyone, I'm interested in starting to work with p&f charts, but find the "regular" TS2000i ones inaccurate and hard to work with. Are there any freeware/opencode p&f indicators (or the code for them) that anyone here would have available that could take the place of the "regular" TS p&f charts? TIA Shraga
Try this code: { Created: 10.30.2002 Revised: 10.30.2002 Revision: 1.0 } Array: PFTab[500,500](0); {Table that holds High/Low for each P&F row in chart} Input: BSize (1), {Box Size} BNum (3); {Number of boxes for reversal} Vars: Color (0), {Color of Plot} Init(0), {Used to initialize array} PFHigh (0), {High price for each row in PFTab} PFLow (0), {Low price for each row in PFTab} PFRow (0), {Row number for PFTab} PFRev (0), {Value that creates a Reversal} PlotValue (0), {Value of plot} XOn (True); {Determines if column is 'X' or 'O'} If Init = 0 Then Begin {Initialize first row in PFTab} PFTab[0,0] = H; PFTab[0,1] = L; Init = 1; {Turn initialize off} End; {=============================== Create P&F Table =========================================} If XOn = True Then Begin {HiTest} PFHigh = PFTab[PFRow,0] + BSize; If H > PFTab[PFRow,0] Then {If today's high > PFTab High} PFTab[PFRow,0] = H; {Set High value} IF H < PFHigh Then Begin {If today's H is lower than PFHigh, then test for reversal} {Hi2Test} PFRev = PFTab[PFRow,0] - BSize * BNum; {Determine value of reversal} If L < PFRev Then Begin {If this is a reversal} XOn = False; {Switch to O column} PFRow = PFRow + 1; {Move down one row in table} PFTab[PFRow,0] = PFTab[PFRow - 1,0] - BSize; {Set High of O column} PFTab[PFRow,1] = L; {Set initial Low of O column} End; End; End Else Begin {LoTest} PFLow = PFTab[PFRow,1] - BSize; If L < PFTab[PFRow,1] Then {If current low < PFTabLow} PFTab[PFRow,1] = L; {Set Low value} If L > PFLow Then Begin {Lo2Test} PFRev = PFTab[PFRow,1] + (BSize * BNum); {Determine reversal} If H > PFRev Then Begin {If this is a reversal} XOn = True; {Switch to X column} PFRow = PFRow + 1; {Move down one row in table} PFTab[PFRow,0] = H; {Set initialHigh of X column} PFTab[PFRow,1] = PFTab[PFRow - 1,1] + BSize; {Set Low of X column} End; End; End; {================ SIMPLE ShowMe Indicator =================================} If PFRow > 2 Then Begin {Make sure you don't reference data beyond array!} If XOn = True Then Begin If H > PFTab[PFRow-2,0] Then {If H > Last high - generate buy} Color = 2 Else Color = 4; PlotValue = H+BSize; End Else Begin If L < PFTAb[PFRow-2,1] Then {If L < Last low - generate sell} Color = 6 Else Color = 8; PlotValue = L-BSize; End; End; Plot1(PlotValue, "P&F",Color); {Plot the symbol of choice}