Point and Figure

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Point and Figure Chart

smlpntnfig.gifPoint and Figure charts have no reference to time movement; rather these charts are generated solely in reference to price movement to isolate trends in any time frame.

A series of X's define an uptrend whilst a series of 0's mark a downtrend. When the trend changes from one swing to another a new column is created.

For more information refer to Technical Analysis of the Financial Markets by John J. Murphy.

Point and Figure Chart Properties

Each chart type has its own chart properties dialog box from which its display properties can be altered by the user.

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