Point and figure 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
Hi Raj, I cant find how to set this up. Where do I get this version from, is it an indicator? The only P&F versions I can find dont look like this at all.
colinokeefe
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Thanks Rajan
would be a great help if you could advise what's the best settings for point and figure on GBPUSD on the 4 hour on Trading view
I'm just starting to read Jeremy du Plessis book.
Thanks Colin
RajDhall
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@colinokeefe, So you need to pick a box size that reflects the movement at the volatility of the pair. Around a 25-50 pip box size could be ok for that timeframe could be ok
colinokeefe
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@RajDhall, Thanks Raj I'M just doing my part 2 for the STA so hopefully we will meet sometime.
Colin