Algorithmic Trading can be a complex subject. Keep your knowledge current with this glossary of key concepts, terminology, and technical indicators.
The minimum price change that must occur before the next mark is added to a point and figure chart. A point and figure chart's box size determines the value of price movements that will be recorded by each mark on the chart. Technical analysts use charts to view past and current price information for particular trading instruments, such as stocks or futures contracts. A traditional bar chart plots price changes at specific time intervals, such as a daily chart or a five-minute chart. Point and figure charting, on the other hand, adds a new mark only after price has moved a specified amount. This amount is known as the box size.