Point and Figure Charting

I guess any experienced trader would agree that P&F is the mother of all charts. To be honest when you released renko and range options my eyes immediately searched for P&F section. I hope you consider Point and Figure candles. I understand that it might have to many options like "X pips & Y reversals" but usually "X pips & 3 reversals" is the golden standart. So it wouldn't be any different than renko or range (technically), right? Here is a screenshot; 

Thank you,