Padovan Retracements
Alternative to Fibonacci levels. There are actually many such ratios besides the golden ratio and the Fib sequence. This is based on the plastic ratio or the Padovan sequence.
If you wish to use the ratios in the fib tool, the following are the corresponding alternate values :
0.245
0.325
0.430
0.570
0.755
1.000
1.325
1.755
2.325
3.080
4.080
If you wish to use the ratios in the fib tool, the following are the corresponding alternate values :
0.245
0.325
0.430
0.570
0.755
1.000
1.325
1.755
2.325
3.080
4.080
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Extra options, improvements/fixes
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Adjustable number of extensions, line extension and label options
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Option added to plot normal or reversed levels.