Point & Figure Cause Counting
By LuxAlgoMar 29, 2026
Point & Figure Cause Counting performs the Wyckoff horizontal count automatically — the first working build of point & figure cause counting in the library. It reconstructs a point & figure grid from the chart's bar history, and when a breakout resolves a congestion it draws the count line at the row crossing the most printed columns, multiplies columns by box size and reversal, and posts the projection as a zone: conservative edge anchored at the range extreme, aggressive edge at the count line.
How to Trade the Point & Figure Cause Counting?
- Count posted: a congestion at least Minimum Range Width wide resolved; the "count N" label carries the full arithmetic in its tooltip.
- Objective zone: the shaded span between the two targets — an area where the projected effect is spent, not a precise level.
- Stepping-stone: a fresh count converging with the campaign base zone supports staying with the position; the dashboard grades each.
- Developing preview: the dotted range shows the pending count and both would-be objectives — the pre-entry check of whether the base projects far enough.
The build anchors the measuring side of the Wyckoff toolkit.
Point & Figure Cause Counting Settings
- Box Size Method (default Auto (ATR)) with ATR Length (default 14); Box Percent (default 1) and Fixed Box Size (default 1) serve the manual modes.
- Reversal (Boxes) (default 3) and Column Source (default High/Low): grid construction.
- Minimum Range Width (Columns) (default 5), Count Line Fill (%) (default 60), Breakout Threshold (Boxes) (default 1): what qualifies as a countable cause.
- Stepping-Stone Tolerance (%) (default 10): slack when comparing a new count with the campaign base.
- Calculation Window (Bars) (default 2000) and Completed Counts Kept (default 4), plus dashboard and drawing toggles.
Frequently Asked Questions
Do I need a separate point & figure chart?
No — the grid is rebuilt internally from confirmed bars, so the tool runs on an ordinary candle chart. Pair it with the Point & Figure indicator when you want to see the columns behind each count.
Are the objectives price targets?
They are estimates of potential, and they say nothing about timing. Counts are also sensitive to the box size — exactly why the output is a zone between two anchorings rather than one number.
What does a divergent stepping-stone mean?
A pause whose count projects clearly away from the campaign base. It does not cancel the base count, but agreement is the confirmation Wyckoff readers look for — without it, treat the objective with more caution.
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