PnF Live Daytrading made simple.

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Point & Figure for day-trading

Applying the classic rules to a live intraday chart.

Point & Figure was designed for daily charts, but the rules work at any time frame. On a live intraday chart, the same patterns form in hours or minutes instead of weeks.

$41.25$41.75$42.25$42.75$43.25$43.75Triple Top buy
An intraday chart with $0.25 boxes and a 3-box reversal: a Triple Top buy forms during the session.

What changes intraday

  • Smaller boxes. Intraday moves are a fraction of daily moves, so intraday charts use smaller boxes. A stock charted with $1 boxes on a daily chart might use $0.25 boxes intraday. The 3-box reversal stays the same.
  • Live prices instead of daily highs and lows. A live chart is updated with each new trade price, so boxes fill the moment price reaches them, not at the end of the day.
  • Signals happen in real time. A Triple Top breakout fires on the trade that reaches the breakout box. On a live chart you can see it as it happens.

What stays the same

Every pattern in this knowledge base works intraday exactly as described: Double and Triple Tops, Catapults, Triangles, trend lines and price objectives. The chart doesn't know or care what time frame it represents.

Intraday considerations

  • The open is noisy. The first minutes of a session often swing widely. A 3-box reversal filters much of it, but signals in the opening minutes deserve extra caution.
  • Overnight gaps. A stock can open far from yesterday's close. On a P&F chart a gap simply fills boxes at once; a gap through a well-tested level can produce a signal on the first trade.
  • Check the daily picture. An intraday buy signal in a stock whose daily chart is also positive has the wind at its back. One that fights the daily trend carries more risk.
  • Box size matters more. Too small and you'll be whipsawed by every flicker; too large and the chart may barely move all day. A box size suited to the stock's price, applied consistently, is the starting point.

How PnF Live helps

PnF Live charts each ticker on your watchlist in real time with the classic 3-box reversal, sets a box size suited to each stock's price, and labels each pattern the moment it completes, so you can focus on the decision rather than the drawing.

For education only. Nothing here is investment advice or a recommendation to buy or sell any security.