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Date/Time: Fri, 19 Apr 2024 18:50:29 +0000

Post From: How does Chart Calculator calculate the angle

[2014-04-04 03:59:53] Link To Thread - Link To Post [Go To First Post]
BruceWilson - Posts: 14
Are you able to explain please how the chart calculator tool calculates the angle? I have used the following anchors: A1: 2014-02-27 20:00:00 - 138.794 A2: 2014-03-08 00:00:00 - 143.793 A price difference of 4.999 and time difference of 8 days and 4 hours Yet if I plug those figures into a trigonometry calculator such as http://www.carbidedepot.com/formulas-trigright.asp the resulting angle is quite different. Is the price and time figure somehow standardised e.g. to pips and minutes (or some other time factor - hours/days?) Thank you in advance for your explanation. Best wishes Bruce