on what basis is the height of a candle calculated in pi.

vasisht

Hi,

I used to trade based on a logic which is based on heights of candles(candle high-candle low) in pi chart window in my laptop.now,i need to replicate that in my algorithm for automation.please let me know on what basis is the height put in the pi software.for eg.the same candle is of lesser height initially and of more height as we move left in the pi charts.

Thanks and regards
Vasisht

sukh

In my opinion , it depends on the chart type - a linear or a logarithmic chart. Also, the candle height are relative to the axis ( not absolute ).