'Golden ratio' Cubes - 'GoRaC'

14 thg 5, 2021

The difference between 2 points is plotted here using 'Golden ratio' cubes
(working differently than my 'Golden ratio spiral - 'GoRaS')

The 2 points can be 'high/low' or 'max(open/close)/min(open/close)',
with the possibility of higher resolution, the following examples are with 1 week resolution

By extending the lines you can spot support/resistance area's


You can reverse:



or 'mirror':


The 'bars back' can be set to get a previous period
Important:

• In the example of a week resolution on a daily chart:
  if you set '0', and it is Friday, the week isn't finished yet!
  Everything still can change (= repaint)
  

1 bar back (in this case 7 daily bars back since the res = week!):

2 bars back:

3 bars back:


Here using 'high/low' and lines extended to the left:

or 'max(open/close)/min(open/close)' and lines extended to the left:


Cheers!