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Tomasz:
An additional thought. This gets back to
something that I had forgotten. Some of Metastock's drawing tools are
locked to the computer screen and some to the chart data (or axis). Their
trendlines are locked to chart data, whereas the trendline-by-angle function is
locked to the screen. As for usefulness, there is a place for both.
But I do not know why they did not lock Fibonacci arcs to the data rather than
the screen. Makes no sense to me.
Bill
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Tomasz Janeczko
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Sunday, August 12, 2001 2:36
AM
Subject: Re: [amibroker] Re: Fibonacci
Cycles
Hello,
There is nothing pecuriar to AmiBroker zoom
function, it works 100% correctly.
The reason why Metastock arcs remain circular is very
simple:
they are not LOCKED to the date axis AT ALL. This
means
that if you change the zoom factor in the arcs begin and end
at different
dates!!!
Check for yourself and judge if this is useful.
Best regards,
Tomasz Janeczko
amibroker.com
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
wavemechanic
To: <A
title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, August 11, 2001 9:42
PM
Subject: Re: [amibroker] Re:
Fibonacci Cycles
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@xxxxxxxxxxxxxxx
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 equidistantform
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 <A
href="">Yahoo! Terms of Service.
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
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