|
PureBytes Links
Trading Reference Links
|
Bill,
The scale is the normal one.
If you plot on your graph a square with perfectly equal sides and
then you zoom-in or zoom-out, the square will transform to a
rectangular with unequal sides.
Same thing with cycles. They transform to ellipses.
All these happen in normal scale.
Even a candlestic when zoomed-in change shape.
But, "distances" remain the same.
And distances here are:DAYS for horizontal axis and price units (USD,
euro or index units etc)for the vertical axis.
The main property of a cycle is the equidistant form the perirheral
points. If we keep this property, the shape is not cardinal.
Dimitris Tsokakis
--- In amibroker@xxxx, "wavemechanic" <wd78@xxxx> wrote:
> Dimitris:
>
> Is this using semilog scale? The arcs look elliptical rather than
circular.
>
> Bill
> ----- Original Message -----
> From: Dimitris Tsokakis
> To: amibroker@xxxx
> Sent: Saturday, August 11, 2001 6:11 AM
> Subject: [amibroker] Fibonacci Cycles
>
>
> For lowest point B and highest point A here
> you see the 3 Fibonacci Cycles at 0.50, 0.618, and 1.0.
> Software : Amibroker 3.65
> Mode : Indicator Builder
> Language :Amibroker Formula Language (AFL)
> Other graphics program : None.
>
> Dimitris Tsokakis
>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms of
Service.
|