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RE: [amibroker] Ready OSAKA/AFL functions: Ranking, Watchlists, Static Variables, etc.



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Does anyone have the formula for determining the price of a stock 
that retraces using the popula fibonacci % lines. I am alittle 
confused, when i draw the lines using AB from lo to hi point it 
gives me the %lines and a value. However the value does not seem to 
correlate with the %retracement.  For example, when i calculate the 
% that a stock has retraced from its 52 week hi the value does not 
match the with the lines drawn nor does the value 38.2% line value 
correlate with actual 38.2% retracment of the stocks value. Now that 
I have you confused and myself can anyone help me?  I am trying to 
create an exploration or indicator that will alert me when a stock 
in my watchlist has retraced to one of these values.

Thank YOu
MR



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