Posting this idea to explain what I'm doing with all my fib calculations.
And trying to convince TradingView to program the calculations as a selectable option in the Trend-Based Fib Extension tool.
The Fib Retracement calculation is quite similar. Its' the exponent of the difference in LN(price points) multiplied by the desired retrace % as I recall.
And trying to convince TradingView to program the calculations as a selectable option in the Trend-Based Fib Extension tool.
The Fib Retracement calculation is quite similar. Its' the exponent of the difference in LN(price points) multiplied by the desired retrace % as I recall.