Fibonacci Extension tool for log scale.
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Forums › ProRealTime English forum › ProRealTime platform support › Fibonacci Extension tool for log scale.
Hi,
When I add the Fibonacci extension levels to a chart with log scale, I get the levels calculated from a linear scale.
The levels appear more squashed towards the top of the screen when viewing in log scale.
For long term Eliott Wave analysis I would like to add log fibs, extension and retracement.
This is possible in TradingView now, is there some way to do it in PRT?
Thanks in advance.
Hello,
Following your request,the Fibonacci extension is indeed calculated from a linear scale.
Currently it is not possible to calculated it with a logarithmic scale.
However we will take your suggestion in consideration for our next improvements.
Kind regards
Victor
Hi Victor,
Was this important feature ever implemented? I know I dismissed PRT as a platform and went with MotiveWave due to this previously, who implement a full set of Logarithmic Fib features.
I really liked PRT as a feature rich and easy to use platform, and even implemented my own LogFib tool using PRC, but it was a real pain to apply to each chart as i’d have to manually enter the levels to generate a and expansion/extension and retracement, which in the end proved too much as it was too slow and clunky.
If it hasn’t been implemented, that’s rather a long time for a simple correction of an incorrect implementation in the first place.
It’s been very disappointing that this has not been fixed yet! I have to check the Fibonacci levels on the TradingView platform!
same here, cant believe its not fixed