Building Tic-Tac-Toe Point-and-Figure Charts from Price History
Summary
The script constructs a Tic-Tac-Toe style chart for any symbol and timeframe. Users set a cell size in points and the number of cells needed to trigger a reversal; the documented defaults are tailored to EUR/USD quotes with five decimal places. After starting the script on a chart, the user opens an offline two-minute chart for the instrument, where the generated columns are displayed as candlesticks.
The chart is initially formed from the working chart's available price history and then updated from current quotes. Column height is stored in the volume field, while the column end time supplies the timestamp. The newest candle has a wick to make the current quote easier to see, whereas earlier columns omit wicks. The setup depends on DLL imports and an offline chart workflow, and the description does not provide a formal reversal algorithm, trading rules, or performance evidence.
Key ideas
- The script creates a Tic-Tac-Toe style chart from historical data and current quotes.
- Cell size and the number of cells needed for a reversal are configurable inputs.
- The generated display is viewed as candlesticks on an offline two-minute chart.
- Column height is stored as volume, and the column end time is used as its timestamp.
- The document explains chart setup but gives no trading signal evaluation or performance results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.