Name

Comment

Name

Parameter 1

Parameter 2

Parameter 3

Returns

Comment

Example

Fibonacci levels for manully drawn coordinates using drawing functions

Fibonacci number 1-100 can be referred to if you have drawn the.

Can be used for standard levels 1-9 or a specific number in percent, for example 23.6.

L=Level gives the selected level according to parameter n2.

D=Gives the time fram (date + time) for coordinate 1 or 2 according to parameter n2.

P=Gives the price level for coordinate 1 or 2 according to parameter n2.

The requested value

Option to check if different fibonacci levels have been passed.

Fib(5,2,L) givs the second price level of Fibonacci #5 according to Fibonacci series for retrace that is 38.2% of the height between the lines end points.

Fib(2,23.6,L) gives the price level 23.6% (or any other percentual level) for line #2.

Fib(11,2,P) gives the price level for coordinate #2 (right coordinate) line #11.

Levels are calculated from the second (right) coordinate. So a falling line receives its coordinates from the bottom and up, rising lines the other way around.

Tips for graphics

Placement

Scaling

Usually price bars

According to quotes or the scaling used for the selected area