here i share it WDGann number vibration video, which is only for education purpose. how to draw angel. please explain step by step code.
any one explain.
yes we can draw line in a chart.
But before you start to do any coding please read those 2 important links first
You know that the whole concept of “angle” on chart is flawed, don’t you?
Why? Because X and Y axes are in different units. X is time (days, weeks, minutes, seconds), Y is dollar (or euro, yen, pound, whatever). You can’t mathematically have angle between different units without making (invalid) assumptions that say one day is the same as one dollar.
Even if you had same units, your code is wrong.
Tangent function IS the ratio y/x. So there is no point in calculating tang…
The Users' guide as always explains everything:
This new drawing tool generates standard Fibonacci-arcs that are controlled by the trend line drawn with a dotted style. To see the properites of the arcs click on the controlling trend line.
Note that arc radius and central point are relative to the controlling trendline and because Fibonacci arcs must be circular regardless of screen size/resolution and zoom factor the position of …
I have observed that "Angle" is good to see sharpness of MACD Movement. More sharpness is a sign of strong movement in other words momentum. But price moves first and later indicator or average moves because of price. So in reality initially they follow price and we follow them. Angle does not have any direction impact on price. Rather price decides angle with its movement.