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Re: [amibroker] fibonacci arc issue..



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Hello,
 
Yes this is "normal" i.e. it works the same for all "old style" charting tools that assume fixed X:Y ratio,
and it works the same in other t/a packages.
These tools were invented long time before computers were used, when all charting was done
MANUALLY on PAPER and there was no possiblity to zoom.  The biggest misconception that
"inventors" of these tools made was assumption of fixed scale and constant geometrical shape (i.e. "circle").
The misconception is that they forgot that scale may change and one can not have fixed "circle" shape and independent X-Y zooming (scaling) at the same time.
Personally I think that those "old style" tools are not useful but there were so many requests to add them - so I added them.

Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
Sent: Wednesday, April 26, 2006 10:15 AM
Subject: [amibroker] fibonacci arc issue..

please see the attached image.

the fibonacci arc shifts relative to price with zoom in...

is this normal ? if not how to rectify this?
did i miss something? or didnot use it properly.?







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