Cannot find any updated chart, only found on Dollar Index
So any link for EUR/USD rather ?
You know you can draw your own point and figure chart? Just use excel, it’s fairly easy to maintain. I draw my own pnf charts for my stock portfolio.
If not there are software programs that create pnf charts for you, as well as MT4 templates.
Wasn’t familiar with pnf, I can see the advantage of it. Anyway, did a quick search for it on google. I’m not allowed to sumbit links yet, because I don’t have enough posts. But, if you search for
point and figure chart eurusd
the second one down is something from a page on oanda. It is an 18 month chart that looks pretty good.
I have been setting up pnf for E$, G$ and Djia for sometime now, must admit its rather tedious before one gets the momentum, have to print the xls/excel table for a chart h4 & d1 to do it. Have a complete 1mm=50pips (1cm=250p) E$ on graph paper using pencil, very easy to maintain and adds another dimension to aid trading decision.
I have absolutely no idea of how to get it on screen. Would appreciate the mt4 templates as well as excel instructions.
FYI,
The FX brokerage CMS uses the VT Trader platform. VT Trader has a pretty nice Point & Figure chart option. You can set up a demo account and I’m pretty sure if you open it and make a demo trade at least once a month it doesn’t expire.
If you’re interested in Point & Figure charting, it’s worth taking a look at.