Fibonacci Retracement
Fibonacci retracement is an auxiliary technical analysis tool that plots Fibonacci levels on a chart. The instrument determines correction levels on any timeframe.
Last updated
Fibonacci retracement is an auxiliary technical analysis tool that plots Fibonacci levels on a chart. The instrument determines correction levels on any timeframe.
Last updated
Enabled on the Drawing toolbar with the button Fibonacci Retracement.
| Name | Description |
|---|---|
Expand Left | Extends all Fibonacci levels to the left on the chart. |
Expand Right | Extends all Fibonacci levels to the right on the chart. |
Line Color | Sets the line color. |
Line Width | Sets the line width. |
Line Style | Sets the line display style: solid, dashes, point, dash-point, dash-two points. |
| Name | Description |
|---|---|
Alignment | This option determines the position of the label relative to the line (top left middle left bottom left top center middle center bottom center top right middle right bottom right) Hide |
| Name | Description |
|---|---|
Enable | This option enables / disables the display of its set levels. |
In this section, you can add your own levels or delete ones that are not necessary. Each level can be customized individually.
| Name | Description |
|---|---|
Show Line | This option enables / disables the display of this level. |
Value | Sets the value at which the level will be positioned. |
Line Color | Sets the level line color. |
Line Width | Sets the width of the level lines. |
Line Style | Sets the level line display style: solid, dashes, point, dash-point, dash-two points. |
| Name | Description |
|---|---|
Visibility | Sets the parameter on which the wave will be displayed. |
Position | Display of a wave above or below the chart. |
| Name | Description |
|---|---|
Time, Price | Ability to manually set the coordinates of points on the time and price scales. |
Lock | The option enables a position on the chart to be locked. |
