Fibonacci Retracement
Author: lyrklaunavan
Creation Date: 11/22/2009 11:59 PM
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lyrklaunavan

#1

11/22/2009 11:59 PM

Hi,

How can we add %23 fibonacci retracement into FIbonacci tool? It only shows 38.2 percent default?

Thanks for the reply
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Eugene

#2

11/23/2009 2:22 AM

Hi,

Right-click on a drawn Fib line, select "Chart drawing object properties", input any number you like into the box and click "Add value".
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thodder

#3

11/25/2009 1:34 PM

Eugene,

Is this still broken in WLP 5.5? I reported Fib Retracement lines giving an invalid calculation in WLP 5.4 (/Forum/Posts/Fibonacci-Retracement-on-Chart-appears-to-be-incor-29630). As far as I can see the Fib Retracement tool on the chart is still calculating the wrong values.

Tim
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Eugene

#4

11/25/2009 2:08 PM

Robert?

(Ticket 18375)
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jburgess85044

#5

11/26/2009 3:30 PM

How can we establish Fibonacci extensions using three (3) points on the price chart.
smokeyb
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Cone

#6

11/27/2009 9:37 AM

Fib retracements - solution is easy there, just switch to the aritmetic scale. In the log scale they should still be calculated arithmetically, but are not. This bug is in the "deferred fix" queue.

QUOTE:
How can we establish Fibonacci extensions using three (3) points on the price chart.
I'm not sure what you mean by a Fib "extension" and how you'd use 3 points. Got an example?
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