Help OnLine | Point and Figure charts settings
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Point and Figure charts settings

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  • Price Source: choice of which price to use in calculating the chart, between Close and average price between High and Low;
  • Size Mode: choice of which method to use to calculate the price deviations that determine trend changes. The choices available are:
    • Points: number of points or value in price, which can be set in the “Points” parameter;
    • Percent: percentage value compared to the previous price, which can be set in the “Percent” parameter;
    • ATR: Average True Range, which allows you to always have a valid setting of the chart because it is self-adaptive. It is possible to set the number of periods with which to calculate the Average True Range in the “ATR Periods” parameter;
  • Points: if “Size Mode” is set to “Points”, the number of points or price value that determines a trend variation;
  • Percent: if “Size Mode” is set to “Percent”, a percentage value compared to the previous price that determines a change in the trend;
  • ATR Periods: if “Size Mode” is set to “ATR”, number of periods with which to calculate the Average True Range, whose value represents the minimum amplitude of price movement such as to determine a trend variation;
  • Reversal Size: minimum number of “blocks” to be reached in order to identify a trend inversion;
  • Up Color: color with which to draw the Xs that represent an upward trend;
  • Down Color: color with which to draw the O’s that represent a downward trend;
  • Draw Last Price Line: if active, the Last price is highlighted on the chart by a horizontal line that crosses it completely from left to right;
  • Last Price Line Color: color of the Last price line;
  • Last Price Line Width: thickness of the Last price line;
  • Last Price Line Style: style of the Last Price Line;