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POINT AND FIGURE

X and O charts, which record only meaningful price moves.

Published by The Retail Trader · JUL 31, 2026 · Price Action

Point and Figure — A chart of X and O, which records only meaningful price moves.

WHERE THIS FITS IN

This term comes under Price Action, in the "TYPE AND SCALE OF CHART" section. There are several ways to display a HI data, and each way highlights something different:

RELATED TERMS TO READ

Other terms in this group — understanding them together is more useful:
• Line Chart
• Bar Chart (OHLC)
• Candlestick Chart
• Heikin Ashi
• Renko
• Linear vs Log Scale
• Price Scale / Time Scale
• Auto Fit
• Bar Replay
• Comparison / Overlay

To read the entire group and all its examples in one place, see the journal "PRICE ACTION: THE LANGUAGE OF THE CANDLE" - this term is taken from there.

This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.

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