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Point and Figure Chart Types in NinjaTrader: Tick vs Volume
Hi toughiee, NT 7 won't do it unless you code it yourself.
futures.io has a thread where you can post an indicator request for free.
If someone decides to do it for you, then there you go.
Otherwise you need to fork over some $$$$ to have it written by a 3rd party vendor. There's an extensive list on NT site.
NT 8 does have a "candle" option but like it's more like a HiLo bar. Check out the 2 pics to see the difference.
NT 7 = X's & O's (style is grayed out)
NT 8 = has different styles available.
This developer has created one version of PNF which i find interesting. It is free: Tick Reversal bars type is a simple volatility-based bars type. The building of such bars is based on a similar concept as the Point and Figure charts but much easier in customization — it has only one parameter. DISCOTRADING: Reversal Bars Type
"The great Traders have always been humbled by the market early on in their careers creating a deep respect for the market. Until one has this respect indelibly engraved in their makeup, the concept of money management and discipline will never be treated seriously."
