Robert24

USDJPY fractionally changed to make the circle perfect

FX:USDJPY   U.S. Dollar/Japanese Yen
69 2 1
I locked the scale so you can zoom in and out. There's nothing saying my ratios are perfect. This just looks good to me. Work with it yourself and see what you come up with.
Kurt0sis
2 years ago
How did choose these ratios? 1.44, 2.05 etc
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Robert24 Kurt0sis
2 years ago
I just backtest the data. I cheated so to speak...but an interesting thing happens when you use backtested data. Those ratios reappear. Check out my charts on channel sizing for TXN and SPY and EURCAD. Those show extreme repitition with 1 given "post", the vertical distance between the channel.
As for using fib circles. The particular tool is very difficult to fine tune because it's not set up for doing ellipses, really. A proper ellipse tool has 8 draw points...4 sides and 4 corners. I show a fine tuned pic of TXN in "ideas". I think it's under the title crosshair for ellipses or just ellipses...don't remember.
The way I fine tune the settings for the circles is i leave the "format" screen open, but once I set a sizing to test...I click on the ratio in format, next to that sizing and the circle (or ellipse) draws.
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