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Can any one write formula for this.
price at A = 150
price at B = 155
Ratio of price B/A = 1.033333.
Now multiply this ratio with 155 which will give 160.166615
Then multiply 160.166615 with the same ratio 1.033333.
we will keep repeating this process till 'X' number of times.
What I want is that I will select two price points on chart 'A & B' and rest need to be done by EFS..
I want to use it as any other line tool viz. fibonacci retracements.
Wish a positive response from fellow members.
price at A = 150
price at B = 155
Ratio of price B/A = 1.033333.
Now multiply this ratio with 155 which will give 160.166615
Then multiply 160.166615 with the same ratio 1.033333.
we will keep repeating this process till 'X' number of times.
What I want is that I will select two price points on chart 'A & B' and rest need to be done by EFS..
I want to use it as any other line tool viz. fibonacci retracements.
Wish a positive response from fellow members.