Fibonacci Extension tool for log scale.

Viewing 6 posts - 1 through 6 (of 6 total)

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11/18/2019 at 2:21 PM #113029 quote

pikey76
Participant

New

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.

11/18/2019 at 2:46 PM #113033 quote

Nicolas
Keymaster

Master

To change the chart scale to a logarithmic one, go into the price settings and change the price scale with the dropdown list at the bottom right of the window (see attached picture).

logarithmic-scale-prorealtime.png

11/25/2019 at 5:34 PM #113575 quote

Maverick
Moderator

Average

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

04/05/2021 at 1:11 PM #166198 quote

RomanNumerals
Participant

Junior

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.

04/28/2021 at 1:31 AM #168242 quote

benjaminmnv
Participant

New

It’s been very disappointing that this has not been fixed yet! I have to check the Fibonacci levels on the TradingView platform!

04/30/2021 at 8:42 AM #168443 quote

margincallcat
Participant

Average

same here, cant believe its not fixed
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