Historical Point and Figure Boxes — Indicator by Lemrin

candlestick pf pointandfigure overlay reversal box pointandfigurepatterns chartpatterns pfpatterns patterntrading

This indicator plots the last filled/completed Point and Figure block, overlaid onto any regular candles chart, for every historical candle.

The Pine security(pointfigure(...)...) function inappropriately associates the timestamps of both the "open" (start of column) and "close" (end of column) with the time at which the terminal reversal took place, which leads to invalid overlays when plotted over top of regular candles charts, regardless of barmerge.lookahead_on/off. This script solves that problem and plots each brick at the time it was confirmed.

V24: Released.

Release Notes:

V29: Corrected HL P&F type bug.

Release Notes:

V44: Added P&F pattern recognition.

Release Notes:

V57: Added 0-level (flip) signals; added text to every signal, all disabled by default.

Release Notes:

V85: Added horizontal and vertical price objectives (max/min, on a per-pattern basis).

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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