| Chart > Chart Panels > Charting Types > Point And Figure Chart |
Point and Figure charts display series of columns that are made up of 'X' or 'O' signs. A column of X's represents an uptrend, while a column of O's represents a downtrend. The charts ignore the time factor and focus on price movements. Point and Figure charts are used to identify support levels, resistance levels and chart patterns.
Sub Type - the following table summarizes the different subtypes of the range chart:
| Subtype | X Dimension Type | Z Dimension Type | Data Requirements | Description |
|---|---|---|---|---|
| Series | Categorical | Categorical |
Value |
X Values are automatically generated by the control. |
| XY Scatter | Price | Categorical |
Value |
|
Box Size - controls the "sensitivity" of the chart. The box size is the minimum price movement that is regarded by the chart and is used to filter minor price changes. Larger box sizes are used for charting longer time periods.
Reversal Amount - controls the number of boxes needed for a reversal.
Preceding Column Peak -
Preceding Column Direction -
Proportional X - indicates whether the series will modify the x axis scaling in order to display square point and figure boxes.
Proportional Y - indicates whether the series will modify the y axis scaling in order to display square point and figure boxes.