Point and Figure Setup
Point and Figure Charts
View Point & Figure Charts
To view Point and Figure charts:
- Click
on the toolbar; or - Click View >> Point And Figure on the main menu.
Select Point & Figure Chart Styles
The default Point & Figure setting is:
- Box size of 1;
- Reversal amount of 3; and
- High/Low price option.
If you set up other Point & Figure styles, you can select these from:
- The drop-down box next to the Point & Figure icon
or from View >> Point & Figure on the main menu.
Create Your Own Point & Figure Chart Styles
- Open the Indicator Panel - Click
on the toolbar or Indicators on the main menu - Select Point and Figure in the left column of the Indicator
Panel
- Adjust the Reversal amount in the center of the Indicator Panel
- Adjust the Box size
Box Sizes
Log scale box sizes are calculated as a % of the preceding price.
- Enter "1" and each box is calculated as 1% of the price below.
Normal scale box sizes are stepped as the scale changes.
- Enter "1" and the box size will be set as $1 for prices over $100.
See Point and Figure Construction for further details.
- Select a price option: High/Low, Closing Price or Typical Price
- Save your selection > in the right column
- Close X the Indicator Panel
- Select Logarithmic
or Normal
scale on the toolbar or under View on the main menu.
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