Point and Figure Periodicity - Traditional Charts

See also Point and Figure Charts

  • Point and Figure charts update dynamically tick by tick.
  • True Point and Figure bars built off tick data (or 1-min data)
  • Build P&F charts using any combination of box size and reversal size
  • One Box Reversal charts allow Xs and Os to share same column
  • Full library of over 150 built-in technical indicators to P&F charts, including Volume Breakdown, MPD, and TPO Indicators
  • Full library of drawing tools, including 45 degree trendlines, reference lines, notes, Fibonacci, pivots, regression, and much more
  • Add custom indicators writing in Investor/RT's RTL language (Targets)
  • Write signals and add markers and add alerts to P&F charts (Double & Triple Tops)
  • Write trading systems and backtest historical P&F data
  • Flexible scaling, zooming, scrolling, and panning with drag and drop
  • Keyboard and mouse wheel shortcuts for convenient manipulation of P&F charts
  • Review historical P&F charts, going back weeks, months, or even years (varies with data vendor)
  • Floating charts that may be dragged outside the Investor/RT task window
  • View data from other periodicities (minute bars, tickbars, etc) on P&F charts
  • Other helpful tools such as multi-chart highlighter, crosshairs, infobox, custom buttons, and multi-linking
  • Autotrading available via the Trading System Indicator to limited brokerages
  • Quickly switch chart between P&F and other periodicities (tickbar, minute bar, volume bar, daily, etc)
  • All in one chart: P&F, TPO Profile (TPO indicator), Delta (Volume Breakdown Indicator), Other Periodicity Data, drawing tools, historical indicators, markers, alerts, and much more

Point and Figure is now supported in traditional charts as a periodicity (and a drawing style). This significant enhancement marries the powerful features of the traditional chart window (indicators, buttons, multi-panes, etc) with this unique drawing style. The Chart Setup Wizard has been revised to create Point and Figure charts with user selected indicators and moving averages. The wizard creates the Point and Figure chart with default reversal criteria of 3 boxes and box size determined automatically from the instrument setup. You can also use the periodicity menu to specify a specific box size and reversal criteria. Choose the 0.25x3 PNF sample periodicity from the periodicity menu and adjust the numbers if you wish. Note that the entered text must be followed by a space and the letter P, e.g. "0.1x3 PNF" to be recognized as a point and figure periodicity. Using Point and Figure in the RTL Language Tokens have been added to RTL to support the PNF Periodicity. Scans, signals, and custom indicators operating with PNF periodic data can use these token to inspect the state of the PNF column for any PNF bar, the box size and the reversal criteria. To test the state of the PNF use the PNF_STATE token. Constants PNF_UP and PNF_DOWN were added to enable expressions such as "PNF_STATE == PNF_UP" or "PNF_STATE == PNF_DOWN". The PNF_BOX token gives you the box size of the PNF data for the instrument, PNF_REV gives you the reversal criteria (the number of boxes).