NexusFi: Find Your Edge


Home Menu

 





Fibonacci Based on Log Scale


Discussion in ThinkOrSwim

Updated
      Top Posters
    1. looks_one Canon with 1 posts (0 thanks)
    2. looks_two CoinSurfer with 1 posts (0 thanks)
    3. looks_3 srgtroy with 1 posts (0 thanks)
    4. looks_4 RebusFA with 1 posts (0 thanks)
    1. trending_up 6,021 views
    2. thumb_up 0 thanks given
    3. group 4 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
Canon
Lansing Michigan/USA
 
Posts: 5 since Mar 2016
Thanks Given: 2
Thanks Received: 5

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.


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Trump Lands in Beijing on CPI Day: Iran Peace Expires To …
Prediction Markets & Event Contracts
Sundays Verdict: Lebanon Locked at 99.85% as Iran June 7 …
Prediction Markets & Event Contracts
Friday Update: Markets Now Pricing Fed Rate HIKES as Sta …
Traders Hideout
Thanks Mike. Godspeed.
The Elite Circle
El Clasico Draws $9.2M in Prediction Market Action -- Bi …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Big Mike in Ecuador
205 thanks
Sober Journey With S&P
21 thanks
30 Sessions
20 thanks
Volume Indicators
8 thanks
Thanks Mike. Godspeed.
7 thanks
  #2 (permalink)
 RebusFA 
Oxford + MI/USA
 
Experience: Intermediate
Platform: RTP, NinjaTrader 8, ToS
Broker: NinjaTrader Brokerage/Dorman, CQG, Kinetick, ToS
Trading: CL, ZB, ES...in that order. Swing trading stocks and ETFs
Posts: 3 since Oct 2016
Thanks Given: 5
Thanks Received: 1

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.


Reply With Quote
  #3 (permalink)
 
srgtroy's Avatar
 srgtroy 
Los Angeles, California Republic
Legendary  R.I.P. 1965-2023 
 
Experience: None
Platform: Sierra Chart
Broker: CQG
Trading: ES
Posts: 1,928 since Jan 2011
Thanks Given: 1,375
Thanks Received: 3,724



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?


R.I.P. Roy Goldberg (srgtroy), 1965-2023.
Please visit [url="https://nexusfi.com/off-topic/60226-srgtroy-r-i-p-brotha.html[/url] for more information.
Reply With Quote
  #4 (permalink)
CoinSurfer
Faridabad, Haryana
 
Posts: 1 since Aug 2021
Thanks Given: 0
Thanks Received: 0


Canon View Post
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.

Hey.. You can do so on TradingView. Settings -> Fib levels based on log scale

Can you tell me why to use log scale instead of normal arithmetic calculations.


Reply With Quote




Last Updated on August 31, 2021


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts