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Ken:
Unless I've missed something about the Fib tool, it
cannot do APP projections. I have not looked at AGet for a bit, but I
don't recall it being able to do this type of projection either. Miner's
DT software is a study in easy, clean Fib analysis, which is also essential
for Fibonacci pattern studies.
Bill
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----- Original Message -----
From: "Ken Close" <<A
href=""><FONT
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To: <<A
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Sent: Friday, October 17, 2003 4:56
PM
Subject: RE: [amibroker] Fib
projections
>
Joe: yes, you are entirely correct....sorry I missed the
distinction.> I made this point to Tomasz back before there was a fib
tool. Dragging> the entire structure seems to do the same thing,
however, and I am not> sure which is more tedious, dragging or clicking a
third point. Seems> pretty moot to me. That said, however, I
think the best projection is> that programmed into Advanced Get.>
> Ken> > -----Original Message-----> From: Joe
Maywood [mailto:jmaywood@xxxxxxxxxxx] > Sent: Friday, October 17, 2003
4:04 PM> To: Ken Close> Subject: Re: [amibroker] Fib
projections> > Hello Ken,> > Friday, October 17,
2003, 2:16:55 PM, you wrote:> > KC> The fib drawing tool can be
configured to show fib extensions as> well as> KC>
retracements. Draw a fib retracement as per the help file between>
two> KC> points. Position your cursor over some part of the fib
lines and> the> KC> cursor will turn into a 4 arrow
cursor. Double click to open the> KC> settings box. Click
on the tab labeled Fibonacci and you will be> able> KC> to set
extension ratios, such as 127.2, 161.8, 268.8 etc. There is>
a> KC> check box labeled "Show extensions" that must be checked to
see> these.> > KC> Hope this helps.> >
Ken,> > Actually a fib projection is different than a fib
extension which is> what you are describing. An extension is a > 1.0
retracement from the> same two points that you would use for a standard
retracement.> A projection, on the other hand, requires 3 points, two for
the distance> being projected and a third to position the start of the
projection.> > While this can be done, by doing a "reverse"
retracement and dragging> the whole fib structure to the appropriate
starting position (making> sure you don't have snap to price on) its very
tedious.> > I mentioned this, amongst similar enhancements, to
Tomasz a while back> and really didn't get any firm commitment. There are
a number of drawing> tools like this that would really benefit us
discretionary traders, but> the system traders in the group, by far, have
the loudest voice...> > - Joe> > > >
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