Support Board
Date/Time: Thu, 26 Dec 2024 17:56:22 +0000
RETRACEMENTS
View Count: 757
| [2015-12-17 08:54:58] |
| User41636 - Posts: 35 |
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Can I draw retracements in excess of 100%? Specifically, 127.2%? Am interested only in 127.2%. EXAMPLE: Starting at point A, prices decline to point B. Then at point B, prices reverse to the upside and rise back above point A up to point C. I want to take 127.2% of the (absolute) difference between A and B, and add the result to the price at point B to arrive at a value for point C. OR: Starting at point D, prices rise to point E. Then at point E, prices reverse to the downside and drop back below point D down to point F. I want to take 127.2% of the (absolute) difference between D and E, and subtract the result from the price at point E to arrive at a value for point F. |
| [2015-12-17 11:08:06] |
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Yes you can. You can specify the Level percentages for the Price Retracement tool. Refer to: https://www.sierrachart.com/index.php?page=doc/doc_Tools.html#DrawingToolConfiguration Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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