Change Fibonacci Channel Properties

To change the properties of a Fibonacci channel:

1. Do one of the following:

• Double-click any line of the Fibonacci channel.
• Right-click any line of the Fibonacci channel, and then click Change 'Fibonacci Channel Name', where Fibonacci Channel Name is the name of the Fibonacci Channel.
• See Change Properties/Remove Chart Elements.
2. The Fibonacci Channel Properties dialog box will appear.
   
   
3. Change the Fibonacci channel levels on the Levels tab:

• To change the set of Fibonacci channel levels whose lines are displayed, select and/or clear the appropriate check boxes.
  
  Notes:

• To select the full set of levels, click Select All.
• To clear the selection of levels, click Clear All. Note that to show a Fibonacci channel on the chart, at least one Fibonacci channel level must be selected.
• To change the style of level lines, in the appropriate boxes, click the color, style and width of your choice.
• To show the Fibonacci channel in background, select the Show in background check box. Otherwise, clear the check box.
• To edit a level, click the appropriate row, double-click the current value, type your value in the format 0.000, and then press ENTER.
• To add a level, click Add. An empty row will be added to the table. Type your value in the format 0.000, and then press ENTER.
• To remove a level, click the appropriate row in the table, and then click Delete.
• To sort the levels in ascending order, click Sort.
4. Change the Fibonacci channel parameters on the Parameters tab:
   
   

• To change the name of the Fibonacci channel, in the Name box type a new name.
  
  Note: To reset the Fibonacci channel name to default, click Reset.
• To extend the level lines to the left, select the Extend line start check box. Otherwise, clear the check box.
• To extend the level lines to the right, select the Extend line end check box. Otherwise, clear the check box.
• To show the Fibonacci channel label, select the Show label check box. Otherwise, clear the check box.
• To show levels in the legend of the level lines, select the Show level check box. Otherwise, clear the check box.
• To change the color of the legend level, click the color of your choice in the appropriate box.
• To change the alignment of the legend, in the Alignment box, select the alignment of your choice.
5. Change the position of the base channel on the Position tab:
   
   

• To change the price level and date and time the channel lines go through, in the appropriate boxes, select or type the price level and date and time.
  
  Notes:

• To apply the changed properties (except the name) to all further Fibonacci channels by default, click Set as Default.
• To reset factory settings for the Fibonacci channel, click Reset.
6. Click OK.

You can change the default values of the Fibonacci Channel tool. See Fibonacci Channel Options.