I am poorer this morning but wiser. Thanks for your explanation. We can't make Perth either unfortunately but maybe one day we'll meet and talk fibs and candlesticks.
madmacs,
I use metastock so if you ever track down that formula I would be interested to see it. I assume you know that you can enter any number you like in metastock fib retraements just by, right clicking on a Fib retracement, going to Fib Retracement Properties and clicking on Retracement Lines. The downside is you have to keep doing it for every separate chart.
