ScotchNoCoke

ScotchNoCoke

My Pine Script indicator, "PnF Bullish and Bearish Trend Backgrounds," visualizes bullish and bearish trends using Point and Figure (PnF) methodology. Summary: Input Parameters: Box Size: Determines the price movement sensitivity. Bullish/Bearish Angles: Set angles for defining trend slopes. Trend Calculation: The script calculates slopes based on input...

ScotchNoCoke

I have been studying Point and Figure (PnF) for some time now and was uninspired by the basic charts that were available. I noticed Tradingview did offer a Point and Figure chart but found it difficult to correctly configure the scales and relative 45 degrees angles as per the fundamentals. After some tedious work I have produced an indicator that produces the...