Point & Figure ChartsLike a bar chart, a point & figure chart plots price on a vertical scale; however, while a bar chart plots prices in a time continuum, point & figure charts plot price only. The X symbol is used to record rallies and the O to record declines. Each time a trend reverses, a new column is started. The user has control over sensitivity to trend reversal through choice of box size and reversal amount.See also:Box SizeReversal AmountOriginal and Standard CalculationsDisplaying Point & Figure ChartsUsing Fractional Box SizesStudies on Point & Figure ChartsDaily Point & Figure Charts
Like a bar chart, a point & figure chart plots price on a vertical scale; however, while a bar chart plots prices in a time continuum, point & figure charts plot price only. The