Support Board
Date/Time: Sun, 19 May 2024 03:16:16 +0000
Post From: Price Expansion (2 point)
[2020-06-16 00:03:54] |
User90125 - Posts: 715 |
Chart Drawing Tools: Price Retracement (2 point) | Price Expansion (2 point) | Price Projection (3 point) Tools Using this tool involves drawing a line. To do this, left click on the chart with your Pointer to mark point A, move the Pointer and left click again to mark point B. The line A-B represents the length of price move.
The expansion/extension levels are calculated from these 2 points. If the line is down sloping, then the expansion lines will move downward starting from 0% at the bottommost point and the percentages will increase from this bottommost point. If the line is up sloping, then the retracement lines will move upwards starting from 0% at the topmost point and the percentages will increase from this topmost point. |