Fibonacci Lines Tab

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Related Topics

 

 

To display the Fibonacci Options dialog, click .

 

 

The table in this dialog contains four fields, one for each of nine possible lines. The fields pertain to percentage levels, line style, line width (in pixels), and color. The percentage level presets are described below:

 

Field

Function

Predefined

 

 

Setting

Function

Fibonacci

Line 1% defaults to 0

Line 2% defaults to 100

Line 3% defaults to 38.20

Line 4% defaults to 50.00

Line 5% defaults to 61.80

 

1/3rds

Line 1% defaults to 0

Line 2% defaults to 100

Line 3% defaults to 33.33

Line 4% defaults to 66.66

 

Custom

Set the retracement levels at the percentages you want.

 

Line % 1

Reflects the value of Predefined setting you choose.

 

Line % 2

Reflects the value of Predefined setting you choose.

 

Line % 3

Reflects the value of Predefined setting you choose.

 

Line % 4

Reflects the value of Predefined setting you choose.

 

Line % 5

Reflects the value of Predefined setting you choose.

 

 

There are also four check boxes:

 

Check Box

Function

Mirror

Mirrors retracement above and below the 0 line.

 

Repeat

 

Projects retracements above or below point defined by a selected range. You can define the attributes of projection lines in the Fibonacci Projections tab, which is identical to this tab.

 

Extend Left

 

Automatically extends retracement lines left.

Extend Right

 

Automatically extends retracement lines right.

 

 

Button

Function

Cancel

Exits the Fibonacci Options dialog without committing changes.

 

Done

Commits the selected settings and exits the Fibonacci Options dialog.

 

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