New Cute PnF indicator v1.2 features discovered!
As i said some time before – i am still working under the 1.3 version of Cute Point and Figure indicator. There are still a lot of things that must be done…
In spite of this, i’ve discovered really helpful thing for owners of Cute PnF indicator v1.2 .
So, Cute PnF indicator v1.2 is able to hold(in place) on the chart not only trend lines, but also: Fibs, Gann Lines, Gann Fans and Gann Grids. If you are not familiar with Gann tools, you can read about it here.
Instruction is almost the same as about plotting trendlines: here.
The main difference is that you’ll have to change plotted object’s(Fibs, Gann Line/Fan/Grid) name to trend1, trend2, trend3 or trend4 .
Remember, you are able to plot up to 4 objects on one chart. Those four objects will not shift and not disappear from the chart.
Types of objects which are suitable for Cute PnF v1.2 chart: Trend Lines, Fibonacci Retracement, Gann Fan, Gann Line, Gann Grid and all other object based on two coordinates(Fibonacci Time Zones, Arcs, Fans etc.).
1. Plot one of the mentioned above objects(use standard MT4 trend plotting tool or INSERT>>Gann / Fibonacci menu)
2. Go to it’s properties:
2.1. double click to select plotted object(or use object list)
2.2. then right click on it
2.3. choose object’s properties
2.4. find section Name and change it to: trend1, also all leters must be lower-case
2.5. set other options if needed(e.g: can uncheck ray feature) and press OK
That’s it for now!
Have a great trading buddies!