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Date/Time: Thu, 05 Feb 2026 14:09:29 +0000



Retracement tool

View Count: 189

[2025-12-19 21:43:11]
cfuture - Posts: 78
I am trying to understand why the retracement tool has a change to the direction of the percentages when placing the target either to the left or to the right of the zero point. This makes no sense! I should not need four different retracement saved settings nor even two. I should only need one and whereever I place my initial point, zero point, then either above or below that level should determine the percentage extensions.
[2025-12-19 21:55:12]
Sierra_Chart Engineering - Posts: 22683
It is the slope of the line, whether up sloping or down sloping which determines the origin point for the percentage calculations.
Sierra Chart Support - Engineering Level

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[2025-12-21 00:29:01]
cfuture - Posts: 78
Thank you but no matter the case, the initial point and positioning above or below that initial point level should determine the extensions.
[2025-12-21 00:45:35]
Sierra_Chart Engineering - Posts: 22683
Check these settings in the Price Retracement Configuration:
First Point Always 100 Percent: No
Reverse Percentages: No
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2025-12-22 01:42:19]
cfuture - Posts: 78
yes, that is what I have but when you move the target to the left or to the right, then that is what determines the direction of the extensions. I have been using negative numbers as a solution as well but thank you anyway.
[2026-01-11 21:08:20]
Sierra_Chart Engineering - Posts: 22683
We will implement an option to disable using the slope of the line to determine, where the 0% level is for the Price Retracement tool.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2026-01-11 21:08:29

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