Point and Figure Charting

What is Point and Figure Charting? Understanding the basics and unique features. How it differs from other charting methods. Benefits for Traders Simplifying price movements by filtering out market noise. Identifying clear trends and patterns. Getting Started with Interactive Brokers Overview of charting tools available on the Interactive Brokers platform.

The Building Blocks: X’s and O’s Representing price increases (X’s) and decreases (Os’). Setting Up Your Chart Choosing appropriate box sizes (price units). Understanding reversal criteria (e.g., three-box reversals). Hands-On Practice Step-by-step guide to creating a point and figure chart using Interactive Brokers' Trader Workstation (TWS).

Recognizing Trends Determining uptrends and downtrends on point and figure charts. Support and Resistance Levels Identifying key price levels and breakouts. Simple Patterns Double tops and double bottoms. Triple tops and triple bottoms. Using Interactive Brokers' Tools Utilizing TWS features to highlight patterns and trends.

Hey everyone, welcome back to another segment in our Point & Figure series here at Interactive Brokers. This time, we’re digging into how Point & Figure charts can help you fine-tune your entries, exits, and trailing stops—basically all those trade execution details that make a huge difference once you’ve got a bullish or bearish thesis […]

Creating Your Trading Strategy Integrating point and figure charting into your overall plan. Combining Indicators Brief introduction to using additional tools like moving averages on TWS. Portfolio Diversification Applying point and figure charts to different assets (stocks, ETFs, commodities). Leveraging Interactive Brokers' Resources Accessing educational materials and support services offered by Interactive Brokers.

Hey everyone, welcome back to our Point & Figure chart series here at Interactive Brokers. This time, we’ll walk you through how to actually set up Point & Figure charts right inside the Trader Workstation (TWS) platform. Let’s jump right in! Getting Started Open a Chart: Pull up any symbol in TWS, for example, SPY […]