Fibonacci Levels & Y-Axis Scales

[Stopped]

Hello,

I have found a problem within the Charts function. Fibonacci levels plot as if the scale in the Y-axis was always Linear. If you are using the Log Scale, levels do not adjust.

See attached files.

Thanks.

[NinjaTrader_Bertrand]

Stopped, they would not be expected to line up, the calc'ed levels are still the same, however the chart is scaled / visualized differently.

[Stopped]

I know levels ARE the same...

However, I hope you will agree it LOOKS REALLY confusing. If you are looking at multiple charts from different instruments, going in & out of them, when you return to the original chart, you do not really want to look through every number, etc. to refresh your thoughts... You just want to see whether the last bar or candle has gone through a particular support/resistance level, quickly.

What is the point of DRAWING retracement levels if those lines become useless without further investigation of the levels attached to them...? Besides, imagine what happens if you decide not to show the level tags to keep the chart less cluttered. Then you would be totally confused by the lines...

PLEASE admit this is not right and report it to developers so that they can fix it.

[NinjaTrader_Ray]

We will look into this, thanks for reporting.

[Stopped]

Unexpected Behaviour of Trendlines

Thank you Ray.

As an aside to this, I have noticed that when I draw a trendline whose anchors are snapped to the data series using the "Bar and Price" option and then I change the Y-axis range, the trendline then moves (see red circles in two attachments). That is unexpected, is not it? I understand that the drawing adjusts to the new range, but surely its relative position within the chart should not change (i.e. the top wick of the candle should remain at the same distance to the trendline before and after the adjustment).

Please take a look at it in case something needs to be fixed.

Many thanks!

[NinjaTrader_Bertrand]

Stopped, we'll take a look into - are you seeing this in the Ray object only or also in the regular Draw Lines?

[Stopped]

Hello Bertrand,

I have replicated the exercise now using "Extended Lines" and I get the same problem (see two new attachments).

Thanks for investigating this issue.

[NinjaTrader_Christian]

Hi Stopped,

the bug you reported in post #1 is fixed. The fix will be available with the next update of NinjaTrader. Thanks for reporting.

Kind regards,
Christian

[Stopped]

Fantastic, thanks a lot for such a speedy resolution!

When you have a chance please take a look as well at the other, related issue (re: trendlines) discussed in the more recent posts of this thread.

Thanks again!

[NinjaTrader_Bertrand]

Hello Bertrand,

I have replicated the exercise now using "Extended Lines" and I get the same problem (see two new attachments).

Thanks for investigating this issue.

Thanks for the testing Stopped, could see it happen here now as well - we'll take a look.

[Stopped]

Again, which trendline is the correct one? (see attachments). Any progress on this? Many thanks!

[NinjaTrader_Austin]

Stopped, just to clarify, you drew a ray on a fixed scale chart, then changed the scale and the trendline was no longer placed correctly?

[Stopped]

Hi Austin,

Thanks for looking into this.


After taking another look, I would say there are several, inter-related issues here:

• One (see Trendlines 1-3 attached below) has to do with zooming in and out
• Another one (see Trendlines 4-6 in next message) has to do with changing the Y-axis scale from auto to fixed 1 and fixed 2. That was the problem discussed in my earlier message.
• And a final one (see Trendlines 7 in the next message) is related to re-sizing the chart

In all of those cases, the position of the trendline within the chart (relative to the candles of the data series) does change. This should not happen.

Let me know if you need more help/input from me on this.

Thanks again.

[Stopped]

Additional attachments for post #13

And the last four files.

[NinjaTrader_Bertrand]

Stopped, thanks for reporting in and providing those detailed screenshots - we've added this to our list to look into.

As temporay workaround please try drawing the anchor points as far apart as possible which should result in a more stable object as you change the scale.