Hi All,

As you maybe know the Step Charts are one of the oldest types of Graphical Analysis. The well-known Renko, LineBreak, Kagi and Point & Figure Charts also belong to the species of Step Charts. Moreover, they were built on daily closing prices, not on tick data as now.

So please take a look at my version of the Step Charts - StepChartChannel, StepChartTrend and StepChartAge:

Code:
extern int     TimeFrame      =   0;   //TimeFrame in min 
extern int     Price          =   0;   //Applied to (0...6)
extern double  StepSize       =  20;   //Size in pips
extern int     HiLoMode       =   0;   //High/Low Mode:0-off,1-on
extern int     VoltyLength    =   0;   //Volty Length(0-will be used StepSize)
extern double  VoltyRatio     =   1;   //Volty Ratio
extern double  Multiplier     =   2;   //Reversal Multiplier 
extern int     PreSmooth      =   1;   //Pre-smoothing Length 
extern int     PreSmoothMode  =   3;   //Pre-smoothing Method  
extern int     StartPriceMode =   0;   //Start Price Mode: 0-as is,1-rounded to StepSize  
extern int     ChannelMode    =   0;   //0-only lines,1-only bricks,2-line & bricks

Click image for larger version.  Name: stepchart_1.gif  Views: 1143  Size: 38.5 KB  ID: 925


By the way, something similar you can buy for only $300 at codefortraders.com.

Regards,
Igor