Advancing Point and Figure in the 21st Century
Point and Figure has been around for over 130 years and the method is just as essential for chart analysis today as it always has been. While the basic principles of the technique have remained unchanged, those working with Point and Figure must still push the boundaries of how it is used, looking to make it even more insightful and powerful. This is exactly what Jeremy du Plessis has achieved with 21st Century Point and Figure.

Previously, it was thought that the lack of time on Point and Figure charts meant that time-based tools and indicators could not be used, and lack of volume meant that the importance of individual columns could not be determined. Jeremy du Plessis shows definitively that neither is the case and that with the use of lateral thinking there are also a host of other new techniques that can be added to Point and Figure charts and analysis.

In this advanced practical guide, du Plessis explains:
-- How to use moving averages, Bollinger bands, Donchian channels and parabolic stop and reverse with Point and Figure charts.
-- How time-based indicators such as overbought/oversold, RSI, directional movement and MACD can be used with Point and Figure charts.
-- How column volume can be used to assess a column's strength and how volume at box level can be used to assess support and resistance areas.
-- How traditional accumulation distribution lines, such as on-balance volume and volume-price trend, can be used to enhance the reading of the chart.
-- How the analysis of relative strength and spreads can be enhanced using these new techniques.
-- Two new Point and Figure based market breadth indicators.

Finally, he introduces a new Point and Figure based oscillator that can also be used on time-based charts.

All topics are illustrated with numerous high-quality, full colour charts and observations from years of trading experience.

The techniques described here open up a whole world of new and advanced analysis tools. You will see that there is more to Point and Figure than you ever imagined, and that it is more flexible than has ever been realised before. If you employ Point and Figure analysis, ensure you don't miss out on these powerful new techniques - be sure to bring your analysis into the 21st century.

About the AuthorPrefaceIntroductionWhich Instruments Work Best with Point and Figure?Point and Figure TerminologyStructure of this BookTechnical Analysis Software and DataAcknowledgements and Thanks1. Quick Refresher on Point and Figure2. 21st Century ConstructionIntroduction20th Century Box Sizes21st Century Box SizesBox Sizes based on VolatilityBox Size based on Standard DeviationBox size based on Average True Range (ATR)Box Sizes Based On Other Formulas21st Century Construction MethodsLow/High MethodOpen/high/low/close methodSummary of 21st Century Construction Methods3. Moving averages on Point and Figure ChartsIntroductionConstructing a Moving Average on a Point and Figure chartMoving Averages and the Last ColumnWhat are Moving Averages Used For?How to use moving averages on Point and Figure chartsWhat constitutes a cross of a moving average?Using Moving averages on 3-box reversal chartsMethod 1 - Using the position of moving average with Point and Figure signalsMethod 2 - Using the position of the column midpoint and the moving averageMethod 3 - Using the position of the column midpoint and moving average combined withPoint and Figure signalsUsing Moving averages on 1-box reversal chartsMethod 1 - Using the moving average in conjunction with Point and Figure signalsMethod 2 - Using the position of the column midpoint and the moving averageMethod 3 - Using the position of the column midpoint and moving average combined with Point and Figure signalsUsing Two Moving Averages on Point and FigureLong / ShortUsing Moving averages on other box reversal chartsChoosing Moving Average LengthsClose, High/Low, Low/High or Ohlc ConstructionMoving Average CalculationsMoving Average Chart Examples3-Box ReversalAdding Moving Average Bands1-Box ReversalThe 4th MethodSummary of Moving Averages on Point and Figure charts4. Using Other Tools on Point and Figure ChartsIntroductionDonchian ChannelsObtaining Buy and Sell Signals using Donchian ChannelsBollinger BandsObtaining Buy and Sell Signals using Bollinger BandsParabolic Stop and Reverse (SAR)Using the Parabolic with 3-box reversal chartsMethod 1 - Using the Switch of the Parabolic as the SignalMethod 2 - Using the Parabolic switch as the alert to take the next Point and Figure signalMethod 3 - Using the midpoint of the Column Crossing the ParabolicUsing the Parabolic with 1-box reversal chartsMethod 1 - Using the Switch of the Parabolic as the SignalMethod 2 - Using the Parabolic switch as the alert to take the next Point and Figure signalMethod 3 - Using the midpoint of the Column Crossing the ParabolicOther ways of using the ParabolicParabolic Acceleration FactorSummary5. Indicators of Point and Figure ChartsIntroductionUnderstanding DivergenceDisplaying Indicators with Point and Figure ChartsOverbought/Oversold Oscillator (OBOS)Moving Average Convergence/Divergence (MACD)Relative Strength Index (RSI)Directional MovementIndexia Market TrackerSummary6. Volume on Point and Figure chartsIntroductionColumn VolumeOn-Balance Volume (OBV)Volume-Price Trend (VPT)Volume at PriceA Note on Price Level ActivitySummary7. New Point and Figure Based Tools and IndicatorsIntroductionPoint & Figure Trend OscillatorPoint and Figure's Gift to Time-based ChartsPoint & Figure Trend Oscillator for Time-based Charts45° Trend Lines on Time-based ChartsPoint and Figure Reversal AlertSummary8. Advanced Analysis of Relative Strength & SpreadsRelative StrengthA Note About Relative Strength ScalingUsing Advanced Techniques on Relative StrengthSpreadsUsing Advanced Techniques on SpreadSummary9. 21st Century Market BreadthAnalysing Percentage Market Breadth Charts20th Century Market Breadth21st Century Market BreadthX-Column PercentBullish Trend PercentUsing Breadth Indicators togetherAdjusting Your Time HorizonSummary10. Conclusion11. References and Further Reading12. Index