The following script periodically plot ellipses to the chart, where the maximum height of the ellipses is determined by the price high of the user-selected time frame while the price low determines the minimum height of the ellipses.
The selected time frame affects the frequency at which the ellipses are plotted, for example, a selected time frame of 1 week will...
(Republishing of the hidden script)
A heuristic approach to identify P&F chart type. Catches all variations.
Works correctly with other chart types:
Classic Candles
Heikin-Ashi
Line Break
Kagi
ATR Renko
Traditional Renko
Range Bars
![AAPL: [RESEARCH] Point-and-Figure (P&F) Chart Identifier](https://s3.tradingview.com/f/fAxnvYDZ_mid.png "[RESEARCH] Point-and-Figure (P&F) Chart Identifier")
![BTCUSDT: [STRATEGY]Point & Figure Emulator OC V3](https://s3.tradingview.com/q/qoAh5AYy_mid.png "[STRATEGY]Point & Figure Emulator OC V3")
