A high‐frequency eye test chart using letters or figures of alternating black and white stripes (or dots) on a grey background was developed. Any cross‐section of the letters has a Fourier transform with a zero frequency component equal to the luminance of the grey background. When the letters are out of focus, their image on the retina fades rapidly into the grey background, rendering them invisible rather than merely blurred as in a standard chart. The chart was calibrated by simulating refractive errors with defocusing lenses applied to a photographic camera and to subjects' eyes. No constant ratio was found between the size of the Snellen letters and the size of the high‐frequency letters for equal visibility. The new chart requires letters for 20/200 acuity to be only 3.6 times larger than those for 20/20 vision. Results confirm the arbitrary nature of the Snellen fraction and warn about the accuracy of visual acuity determined by using charts of different letter types, calibrated by Snellen's s