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21st Century Point and Figure: New and Advanced Techniques for Using Point and Figure Charts by Jeremy du Plessis

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Chapter Seven. New Point and Figure-Based Tools and Indicators

Introduction

All the indicators covered so far are time-based indicators modified for Point and Figure use. You will have seen that they enhance the Point and Figure chart and provide additional information which is not available from the plain Point and Figure chart. This section covers indicators and tools which do not exist outside Point and Figure charts, in that their calculations are imbedded in the Point and Figure chart itself.

The Point & Figure Trend Oscillator plots the difference between the price and 45° trend lines. Then, derived from Point and Figure’s unique 45° trends is the ability to translate these on to time-based charts. Finally, the ability to show partial ...

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