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[EquisMetaStock Group] questions about this code:



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Fibo Custom (off traderonline)

j:=Input("year to begin line study",1800,3000,2007);
k:=Input("month to begin line study",1,12,1);
m:=Input("day of month to begin line study",1,31,4);
ext:=Input("Extension: 2=upward; 1=downward; 0=none",0,2,0);
hi:=Input("high",0,20000,100);
lo:=Input("low",0,20000,50);
BeginPlot:=Year()=j AND Month()=k AND DayOfMonth()=m;
n:=ValueWhen(1,BeginPlot,(hi-(hi-lo)*2.618));
q:=ValueWhen(1,BeginPlot,(hi-(hi-lo)*1.618));
u:=ValueWhen(1,BeginPlot,(hi-(hi-lo)*1.382));
x:=ValueWhen(1,BeginPlot,((hi-lo)*1.382)+lo);
y:=ValueWhen(1,BeginPlot,((hi-lo)*1.618)+lo);
z:=ValueWhen(1,BeginPlot,((hi-lo)*2.618)+lo);
If(ext=1,n,lo);
If(ext=1,q,lo);
If(ext=1,u,lo);
ValueWhen(1,BeginPlot,lo);
ValueWhen(1,BeginPlot,((hi-lo)*.236)+lo);
ValueWhen(1,BeginPlot,((hi-lo)*.382)+lo);
ValueWhen(1,BeginPlot,((hi-lo)*.5)+lo);
ValueWhen(1,BeginPlot,((hi-lo)*.618)+lo);
ValueWhen(1,BeginPlot,((hi-lo)*.764)+lo);
ValueWhen(1,BeginPlot,hi);
If(ext=2,x,hi);
If(ext=2,y,hi);
If(ext=2,z,hi);

why does this indicator use the LL/HH on the chart rather than LL/HH 
of the date used ?
why do the levels change when displayed price bars quantity is 
reduced ?
can it be fixed to use only the H/L of the date ?

Wallace



 
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