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Date/Time: Wed, 08 May 2024 20:49:32 +0000



Post From: Using tools in logarithmic scale

[2013-06-05 20:19:30]
User87399 - Posts: 17
1. How to draw Fibonacci retracements and projections in logarithmic scale?
It's lines should be calculated by multiplying percentage change of price by the wave (fe 10% change -> 0.618 = 6.18%, 1.618 = 16.18% and so on), not by it's arithmetic value (fe 10$ change -> 0.618 = 6.18$, 1.618 = 16.18$ and so on).

2. Is there a way to draw a line on logarithmic scale with it's vertical height counted in percents, so when moving a line on log scale, its height will not change? Similarly with two horizontal paralel lines. Also fibonacci retracements and projections mentioned in above point should not change it's size when moved on log scale.

Thx in advance!
Date Time Of Last Edit: 2013-06-05 20:21:58