RE: Chart of the Day: Ethereum coming in for a landing? by wildtrader

Viewing a response to: @zikkson/zikkson-re-wildtrader-chart-of-the-day-ethereum-coming-in-for-a-landing-20181118t185929762z

ethereum · @wildtrader · Nov 18 '18

If you're an elliott wave person it sucks. The fibs are linear even if the chart is log. And, the elliott wave labels do not zoom or snap when you change timeframes. IF you are not a elliottician, and you don't care about log fibs, it's fine. I use it every day but not for elliott wave.

👍 zikkson

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@larster · Nov 18 '18 (edited)

I recently found out that if you use Fib Channel instead of Fib Retracement at the bottom of the toolbox it will at least give the correct percentage levels in log.

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@wildtrader · Nov 18 '18

I'll check that out. Motive isn't a great day trading tool. Lags too much, but that's great if I can at least get the right fibs. The labeling issue will keep me off it though. Motive labelling is amazing including 'auto degree'.

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@wildtrader · Nov 18 '18

I was testing it but why are the prices not the same as the price axis? ![Screen Shot 2018-11-18 at 11.38.04 AM.png](https://cdn.steemitimages.com/DQmdZNtHbC1vB1e6VPdWqr9AeTvRJ4jboKsr3wg4v46fYYP/Screen%20Shot%202018-11-18%20at%2011.38.04%20AM.png)

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9 replies

@zikkson · Nov 18 '18

Cool thanks. I am not elliott wave person, so thats it :)

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

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@larster · Nov 18 '18

So should become one it's worth it.

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@wildtrader · Nov 18 '18

🙌

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@zikkson · Nov 18 '18

I would like because its looks powerfull. I tried but i was never sure i found right waves. So now i am using Ichimoku Cloud. Im day trading and Ichimoku is good for it, but Elliott could be better, but im not too good to learn it to use it properly.

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

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