Point and Figure Chart
Definition
A charting technique that plots price movements without regard to time, using X's for rising prices and O's for falling prices.
Example
Point and figure charts filter minor price fluctuations to highlight significant trends.
Related Terms
Frequently Asked Question
What is a Point and Figure Chart?
A Point and Figure Chart is a charting technique that plots price movements without regard to time, using X's for rising prices and O's for falling prices. It filters out minor fluctuations to reveal significant trends.
APA Citation
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· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.