Fibonacci Channel Options

Brief

The article explains how to customize the options of the Fibonacci Channel tool.

Details

While working with the Fibonacci Channel tool, you can customize its options in a variety of ways: show or hide various elements of the tool, customize their colors, widths, and styles, etc.

To customize the options of the tool

  1. Do one of the following:
  2. The Options dialog box appears.

  3. In the left-hand panel, double-click Fibonacci Options or click the Plus button next to it, and then click Channel.
  4. In the right-hand panel, customize options of your choice as follows:

The Fibonacci Channel options

Option

Description

Show in background

The option allows selecting how to show the Fibonacci tool by default: in the background (behind the chart bars) or in the forefront (in front of the chart bars). To select, click in the option row, click the arrow button, and then click a value of your choice. The values are False and True.

Fibonacci lines color

The option allows selecting the default color of the Fibonacci tool lines: click in the option row, click the ellipsis button, and then, in the Color palette that appears, select a color of your choice.

Fibonacci lines width

The option allows selecting the default width of the Fibonacci tool lines: click in the option row, highlight or delete the existing value, and then type or select a width value of your choice. The values are whole numbers from 1 through 5.

Fibonacci lines style

The option allows selecting the default style of the Fibonacci tool lines: click in the option row, click the arrow button, and then, in the list that appears, click a style of your choice. The values are Solid line, Dashed line, Dotted line, Dashes and dots, and Dashes and double dots.

Show label

The option allows selecting whether to show the Fibonacci tool label on a chart by default or not: click in the option row, click the arrow button, and then click a value of your choice. The values are No and Yes.

Show levels on lines

The option allows selecting whether to show the level values on the Fibonacci tool lines by default or not: click in the option row, click the arrow button, and then click a value of your choice. The values are No and Yes.

Level label color

The option allows selecting the default color of the level labels on the Fibonacci tool lines: click in the option row, click the ellipsis button, and then, in the Color palette that appears, select a color of your choice.

Extend Fibonacci lines start

The option allows selecting whether to extend the Fibonacci Channel lines beyond their starting points or not: click in the option row, click the arrow button, and then click a value of your choice. The values are False and True.

Extend Fibonacci lines end

The option allows selecting whether to extend the Fibonacci Channel lines beyond their ending points or not: click in the option row, click the arrow button, and then click a value of your choice. The values are False and True.

To enable the modified values, click OK at the bottom of the dialog box.

back