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Fibonacci Based on Log Scale
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Fibonacci Based on Log Scale

  #1 (permalink)
Trading Apprentice
Lansing Michigan/USA
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Fibonacci Based on Log Scale

Does anyone know if there is a way to get Fibonacci retrace or Fibonacci extensions tools based on log scale instead of price? Even when you turn the chart to Log-scale, the measurements are still based on arithmetic.

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  #2 (permalink)
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Oxford + MI/USA
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Did you get anywhere with this?

I am searching for the same thing. I am attempting to set the log scale to base 0.618 or another Fib ratio. I have tried this in TOS and Ninjatrader without any success.

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  #3 (permalink)
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RebusFA View Post
I am searching for the same thing. I am attempting to set the log scale to base 0.618 or another Fib ratio. I have tried this in TOS and Ninjatrader without any success.

Can you give a sample equation for a level?

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