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Hello,
Do you think that locking ANY tool to screen co-ordinates
makes sense? What if one axis scale does change?
What is the analytical power of a tool that
changes its date/price targets depending on screen resolution/
window size used to draw the chart?
Best regards,
Tomasz Janeczko
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
wavemechanic
To: <A title=amibroker@xxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Sunday, August 12, 2001 3:44
PM
Subject: Re: [amibroker] Re: Fibonacci
Cycles
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 tothe
data rather than the screen. Makes no sense to me.
Bill
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Tomasz Janeczko
To: <A title=amibroker@xxxxxxxxxxxx
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:
<A title=wd78@xxxx
href="">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 rectangularwith
unequal sides.Same thing with cycles. They transform to
ellipses.All these happen in normal scale.Even a candlesticwhen
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 wekeep
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, 20016:11
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 Yahoo! Terms of
Service. Your use of Yahoo! Groups is
subject to the Yahoo! Terms of
Service. Your use of Yahoo! Groups is
subject to the Yahoo! Termsof
Service.
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