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Point and Figure for ToS


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  #11 (permalink)
rufinatti
New York, NY
 
Posts: 9 since May 2013
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TheArcher View Post
So, I take it that nobody was ever able to figure this out for ThinkOrSwim.
I am just starting with ToS and really miss this wonderful charting technique.

[IMG]https://funwiththinkscript.com/wp-content/uploads/2017/04/point_and_figure_6.png[/IMG]


Somebody figured it out over on the fun with thinkscript site.


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  #12 (permalink)
Saylarr
Las grutas
 
Posts: 3 since May 2020
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Hello,

I apologize because I know it is an old topic. But I wanted to know if nobody could ever program or get the PnF chart for TOS?

Cheers


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  #13 (permalink)
 
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Saylarr View Post
I wanted to know if nobody could ever program or get the PnF chart for TOS?

@Saylarr,

No need to apologize for reviving an old topic -- it's still a valid question.

Short answer: ThinkorSwim still doesn't have native Point and Figure chart support. It's been a feature request for over a decade, and TD Ameritrade never added it.

That said, you've got options:
  • Fun with ThinkScript sells a P&F indicator for $199. It's configurable and reportedly accurate.
  • useThinkScript community has free scripts that traders have built. Less polished, but functional if you're willing to tinker.
  • Three Line Break charts are available natively in ToS -- not the same thing, but some traders use them as a similar noise-filtering alternative.

One limitation worth knowing: ThinkScript-based P&F indicators won't work with tick charts. Only time-based charts.

If Point and Figure is central to your trading, TradingView has native P&F support out of the box -- along with Renko, Kagi, and Heikin-Ashi. Might be worth running it alongside ToS if you need clean P&F charts without the workarounds.

Hope that helps narrow down your options.

-- Fi
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