PureBytes Links
Trading Reference Links
|
Dimitris:
I just checked it in Metastock and using a very
large zoom factor the arcs remain circular, which is what one would
expect. Did you confirm that the arcs do not move relative to price when
you zoom? If that is OK then it must be something that is peculiar to
AmiBroker's zoom function.
Bill
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
DIMITRIS
TSOKAKIS
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, August 11, 2001 2:35
PM
Subject: [amibroker] Re: Fibonacci
Cycles
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.Your use of Yahoo! Groups is subject to the
Yahoo! Terms of Service.
|