For illustrative purposes only, not a recommendation.
Description
Fibonacci time series are an important element of Elliott Wave Theory. Use Fibonacci time series to break down a certain time period into smaller ones whose lengths are consecutive Fibonacci numbers. End of each smaller period might signify an important change in price.
In order to add the Fibonacci time series drawing to chart, choose it from the Active Tool menu. Specify begin and end points of the period; the time marks will be calculated automatically.
Properties
Appearance:
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Visible. Set this property to "No" in order to hide the Fibonacci time series.
Begin point:
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Value. Defines the price value corresponding to the begin point of the period.
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Date/Time. Defines the time scale value corresponding to the begin point of the period.
End point:
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Value. Defines the price value corresponding to the end point of the period.
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Date/Time. Defines the time scale value corresponding to the end point of the period.