In order to trade the Forex market successfully with Point and Figure Charts, I was in need of a reliable and easy to use indicator for MetaTrader 4 / MT4.

After searching the internet for several days without any viable results, I decided to write my own MetaTrader 4 Point and Figure indicator. It took quite some time before I was happy with the results and now I don’t want to miss this comfort and easy to use software anymore.

Advantages of this Point and Figure Indicator

Some of the benefits of this Point and Figure indicator for MetaTrader4 / MT4 are:

• Easy to use – attach it to a chart and you’re ready to go!
• Any reversal and box size is possible
• You can use high/low or close prices
• Trendlines plotted automatically
• Add a grid for better clarity
• Suitable for long term trading and for scalping
• Draws the real Point and Figure Chart with X’s and O’s and starts at round numbers
• Change the appearance: colors, line width and scaling
• Not limited to Forex! You can also use it to trade CFDs like stocks and commodities.

>> Order Point & Figure Software now <<

Example Point and Figure Charts

Some screenshots of Point and Figure Charts generated by this MT4 indicator: (click to zoom)

EURUSD 3x100 with grid and trendlines

GBPUSD 3x25 with trendlines

EURUSD 3x10 with grid and trendlines

EURUSD 3x5, different style

>> Click here if you also want to trade Point and Figure charts on MT4<<

I put up a few examples of how you can use the Point and Figure indicator for MetaTrader 4 to trade the Forex market as easy as you would never have thought before! Take a look at the Point and Figure trading examples.

In order to understand the logic behind this system, I suggest you read the Point and Figure Tutorial first.