I'm interested in developing a PnF trading strategy.
Does MC Powerlanguage have a way to determine the type of the current column?
eg: if the current column is a down column, I want to put a buy order when a new up column is established.
ie: if (currentcolumn is down) buy next bar at market.
I've read how trading orders differ on PnF charts on the Wiki (https://www.multicharts.com/trading-sof ... and_Figure) but it doesn't say if there is a function I can call to determine the type of the column.
Thanks.
Point & Figure Trading Strategy [SOLVED]
- TJ
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Re: Point & Figure Trading Strategy
If I were building a strategy, I would build it from a Point n Figure simulator. You will have exact control over the price movement.I'm interested in developing a PnF trading strategy.
Does MC Powerlanguage have a way to determine the type of the current column?
eg: if the current column is a down column, I want to put a buy order when a new up column is established.
ie: if (currentcolumn is down) buy next bar at market.
I've read how trading orders differ on PnF charts on the Wiki (https://www.multicharts.com/trading-sof ... and_Figure) but it doesn't say if there is a function I can call to determine the type of the column.
Thanks.
Look under
Pivots, Levels, Support & Resistence
http://www.tradersxchange.com/
- Henry MultiСharts
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Re: Point & Figure Trading Strategy [SOLVED]
Hello johnsel,Does MC Powerlanguage have a way to determine the type of the current column?
There is no reserved word for that.