Differences

This shows you the differences between two versions of the page.

@@ Line 1: / Line 1: @@
+====== Point & Figure Charting ======
+===== P&F Basics =====
+  * [[:chart_analysis:pnf_charts:pnf_basics]]  -  This article shows how to construct P&F charts with a step-by-step example. Users will learn how to identify support and resistance as well as how to draw P&F trend lines.
+  * [[:chart_analysis:pnf_charts:pnf_scale_time]]  -  This in-depth article explores how to use different price intervals to choose a charting timeframe. Intraday intervals can be used for medium-term timeframes, while daily intervals are often best for long-term charts.
+  * [[:chart_analysis:pnf_charts:pnf_trendlines]]  -  P&F trend lines are unique because they are drawn at a specific angle to represent a certain rate of ascent or descent. This article shows how automatic trend lines appear, when they reverse and how to identify a break.
+===== Classic Patterns =====
+With well over a dozen P&F patterns, there is often an active or developing pattern on a P&F chart. Identifying these patterns and the confirming breakout form an essential part of the P&F analysis process.
+  * [[:chart_analysis:pnf_charts:pnf_bullish_bo|Bullish Breakout Patterns]]  -  Double Top Breakout, Triple Top Breakout, Spread Triple Top Breakout and Quadruple Top Breakout are covered in this group.
+  * [[:chart_analysis:pnf_charts:pnf_bearish_bd|Bearish Breakdown Patterns]]  -  Double Bottom Breakdown, Triple Bottom Breakdown, Spread Triple Bottom Breakdown and Quadruple Bottom Breakdown are covered in this group.
+  * [[:chart_analysis:pnf_charts:pnf_signal_reversed|Bearish and Bullish Signal Reversed]]  -  These patterns resemble a rising flag or falling flag on a classic bar chart.
+  * [[:chart_analysis:pnf_charts:pnf_catapults|Bullish and Bearish Catapults]]  -  Many P&F aficionados consider catapult signals to be the strongest. Catapults mark a classic breakout, a mild correction, and a continuation breakout.
+  * [[:chart_analysis:pnf_charts:pnf_triangles|Bullish and Bearish Triangles]]  -  These patterns resemble triangles in bar charts, but a basic P&F signal is required for confirmation.
+  * [[:chart_analysis:pnf_charts:pnf_traps|Bull and Bear Traps]]  -  These patterns are exactly what they sound like. A bear trap suckers the sellers before rallying, while a bull trap suckers the buyers before declining.
+===== Price Objectives =====
+Price Objectives can be formulated from classic P&F patterns and basic price movements. Chartists can also compute their own Price Objectives using the Vertical Count Method or the Horizontal Count Method.
+  * [[:chart_analysis:pnf_charts:pnf_price_objectives|Breakout & Reversal Method]]  -  This article details the methodology for Price Objectives based on the Breakout Method and the Reversal Method.
+  * [[:chart_analysis:pnf_charts:pnf_horizontal_count|Horizontal Count Method]]  -  The width of the P&F pattern is often central to its potency. The wider the pattern, the more important the break. This article shows how to compute a Price Objective using that width.
+  * [[:chart_analysis:pnf_charts:pnf_vertical_count|Vertical Count Method]]  -  Sometimes strength begets strength as a strong move (long column) can signal the start of an extended move. In this case, chartists can use the column height to obtain a Price Objective.
+===== P&F Indicators =====
+Chartists can apply trend lines, moving averages, Bollinger Bands and Volume-by-Price to P&F charts at StockCharts.com. While the basic formulas and principles remain the same, P&F indicators are unique and different from their bar chart cousins.
+**Learn More:** [[:chart_analysis:pnf_charts:pnf_indicators|P&F Indicators]]
+===== Scans and Alerts =====
+P&F Pattern Alerts can be found at end of the [[https://stockcharts.com/def/servlet/SC.scan|Predefined Scans Page]]. These are based on daily data. StockCharts.com provides daily alerts for more than 15 P&F patterns on various exchanges.
+**Learn More:** [[:chart_analysis:pnf_charts:pnf_alerts|P&F Pattern Alerts]]
+Chartists can also scan for specific P&F patterns using daily data and the drop-down menu for P&F Patterns on the [[https://stockcharts.com/def/servlet/ScanUI|Advanced Scan Workbench]]. Over 20 P&F patterns and criteria are included in this drop-down menu. Users can combine these P&F patterns with other non-P&F criteria to create truly unique scans.
+{{:chart_analysis:pnf_charts:pnf-userdefscan.png|P&F User-defined Scans}}