BEHIND THE NUMBERS
How this calculation works
Worked example
The square root of 100 is 10. At 45°, add 0.25 and square: 10.25² = 105.0625. At 360°, the upper and lower levels are 12² = 144 and 8² = 64.
Example result: 105.0625
Why another grid may disagree
One observed calculator treats 360 degrees as a root increment of 1, while others use 2. This page states and uses the latter convention throughout. A scale change also changes the levels, even when the unscaled reference price is identical.
Lower levels stop at a zero square root
Continuing to square a negative root displacement would make the supposed lower levels rise again. Those rows are marked outside the supported lower range rather than being presented as support levels.
Assumptions and rounding
- Reference price and scale are entered by the user; levels are shown every 45 degrees.
- Display up to six decimal places without intermediate rounding.
Questions about this calculator
Does this fetch a current market price?
No. Enter the exact reference price and scale you want to study.
Are these buy and sell signals?
No. The calculation constructs a fixed grid from one price and does not evaluate whether a trade has an advantage.