Posted: Sat Dec 10, 2011 4:01 am Post subject: Line Break (aka "Three Line Break") Charts?
I am looking for code that will allow me to test "line break" charts.
These are commonly referred to as "Three Line Break" charts since many traders use the default setting of three.
There is an indicator for MT4 floating around, but it is not a true "line break" indicator. A genuine line break chart should not have a x axis based on time. New candles will only form when there is a 3 line break of the high/low.
I am willing to purchase this.
Ideally this would print on the chart, but I suppose this is unlikely to be possible for Forex Tester, so instead I will be happy with an indicator in the lower window, so long as it is a true line break indicator.
Any information would be appreciated, I am unable to find this indicator on the forum here.
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