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Point and figure chart information


Point and figure (P&F) is a charting technique used in technical analysis. Point and figure charting does not plot price against time as time-based charts do. Instead it plots price against changes in direction by plotting a column of Xs as the price rises and a column of Os as the price falls.[1][2]

  1. ^ Plessis, Jeremy du (2012-10-04). The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method. Harriman House Limited. ISBN 9780857192615.
  2. ^ Staff, Investopedia. "Point And Figure Charting Basics | Investopedia". Investopedia. Retrieved 2016-01-28.

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