Fibonacci Retracement

Auxiliary technical analysis tool that plots Fibonacci levels on a chart. The instrument determines correction levels on any timeframe.

Enabled on the Drawing toolbar with the button Fibonacci Retracement.

Fibonacci Retracement instrument settings

Line

Name

Description

Extend left

Extends all Fibonacci levels to the left on the chart.

Extend 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.

Text

Name

Description

Position

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

Your Levels

Name

Description

Enable

This option enables / disables the display of its set levels.

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

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.

Object

Name

Description

Display

Sets the parameter on which the wave will be displayed.

Position

Display of a wave above or below the chart.

Coordinates

Name

Description

Coordinates

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.


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