Hey guys,
I am plotting a cloud on either side of a horizontal price line drawn on my chart, and I am looking for help coming up with a formula that will keep the cloud looking the same regardless of the price. The problem I am running into is that a dollar on either side of the line will not look the same in a stock in the 100s and one in the 1000s.
Any one can help me come up with a formula that will keep the cloud LOOKING the same regardless of the price range?
Thanks.
I am plotting a cloud on either side of a horizontal price line drawn on my chart, and I am looking for help coming up with a formula that will keep the cloud looking the same regardless of the price. The problem I am running into is that a dollar on either side of the line will not look the same in a stock in the 100s and one in the 1000s.
Any one can help me come up with a formula that will keep the cloud LOOKING the same regardless of the price range?
Thanks.