Fibonacci decorator
- Utilitys
- Yutaka Okamoto
- Version: 1.1
- Aktualisiert: 6 Oktober 2019
- Aktivierungen: 5
Fibonacci decorator is a unique product that decorates Fibonacci objects. This indicator can change the specific level line of a Fibonacci object.
This tool caters to both beginners and advanced traders using Fibonacci objects.
Advantages
- Supports three Fibonacci objects:
- Fibonacci Retracement
- Fibonacci expansion
- Fibonacci time zones
- Just add the mark of your choice to the description of a Fibonacci object's level
- Easy setting
This indicator does not work well with Strategy Tester.
Please download a free trial version Fibonacci decorator Trial and rate it.
This full version has no limitations.
How to use
- Apply the indicator on chart. In this case, remember only the [Special mark] setting. The default value is * (asterisk).
- Draw a Fibonacci object on chart.
- Open the properties of the Fibonacci object you drew.
- Select the Levels tab.
- Add the setting value of [Special mark] to the description.
Example
To decorate the 50% line of Fibonacci Retracement add the [Special mark] to this level description in the following way:
Indicator parameters
- Special mark - character to add to the description. - [*]
- < Fibonacci retracement >, < Fibonacci expansion >, < Fibonacci time zones >:
- Line Style - [Solid]
- Line Color - [Red]
- Line Width - [2]