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Point & Figure, using Breakout and Reversal that is already automated.
Hi, anyone used the breakout and reversal or back tested to see how effective this feature is?
Thanks
Thanks
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Answers
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I haven't, but you might be interested in how the Wyckoff method uses point and figure. Here's a link to the Wyckoff blog on Stockcharts. Look through the past articles for examples.
stockcharts.com/articles/wyckoff/
The library of TASC (Technical Analysis of Stocks and Commodities magazine) articles has a lot of stuff on P&F, too.
https://stockcharts.com/search/index.html?q=point+and+figure
Here's one example:
https://technical.traders.com/archive/articlefinal.asp?file=\V19\C04\041HIGH.pdf0
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