deeforex wrote:I don't know how we determine the box size for Diamond of Perception but for those of you that want to follow along with MO and couldn't quite figure out how he drew his angled lines, here's a quick step by step.
MO, in one picture you had your fibo lines at 26.6% & 57.7% but then on your latest pic, you had 26.4% & 57.3% I guess we're probably going with this last set of numbers? If so, sorry that my pic shows the other numbers.
Looking forward to MO 202!
Well done Deeforex
There is not a very big difference between 26.6 and 26.4%
I was just making the lines as accurate as I could get them.
Box size is determined by the size you can best see. If you are going to be compressing your charts to squeeze as many bars in as possible then your box will need to cover a lot more price bars!
All that you do is multiply the width and depth by the same number and you will arrive at the same angles with longer lines.
If you hold down shift then you can lengthen or shorten the lines without changing the angle.
The Margin of Error angles are just the midpoints between two major angles.