Options for Automatic Fibonacci Retracement Indicator

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To change the options for this indicator, it is best to access the properties of this indicator by:

–> right-clicking on the chart -> select Indicators List -> Auto-Fibo-Retracements

or

–> Click on “Chart” from top menu -> select Indicators List -> Auto-Fibo-Retracements

Properties Settings:

 

Levels: The Fibonacci ratios or percentages to include on your chart

• Must use decimals for percentages -> for example -> 23.6 % level is inserted as 0.236

• Must separate levels by commas -> for example -> 0,0.236,0.382,0.5,1

 

Look Back Period: Amount of bars to include in your fibonacci retracements timeframe

-> for example -> 75 would include the last 75 closed periods

* note that the current period is not included until the candle or bar closes

Line Width: width of fibonacci retracement lines

Line Clr: color of fibonacci retracement lines

Line Style: style of fibonacci retracement lines

 

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