Please see this video:
Why does fib retracements in mt 4 look different then in this video? If I draw them like the video, for a down trend I draw from the highest high to the lowest low, I get 0 for the bottom line and 100 for the top. The fib profit level, i.e.; 161.8 is above 100 and there is no levels below 0.
If I draw them from the low back up to the high 100 is on the bottom but I do not get the same levels as on the video. For example, 61.8 is below .50 where in the video it is above 50.
Do I need to change the level settings in mt4 to get the proper levels? IF so, can some advise on the correct levels to have?
Thanks!
Inserted Video
Why does fib retracements in mt 4 look different then in this video? If I draw them like the video, for a down trend I draw from the highest high to the lowest low, I get 0 for the bottom line and 100 for the top. The fib profit level, i.e.; 161.8 is above 100 and there is no levels below 0.
If I draw them from the low back up to the high 100 is on the bottom but I do not get the same levels as on the video. For example, 61.8 is below .50 where in the video it is above 50.
Do I need to change the level settings in mt4 to get the proper levels? IF so, can some advise on the correct levels to have?
Thanks!