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Fibonacci Extensions and Retracements
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Fibonacci Extensions and Retracements
I would like to enter the Fibonacci Extensions and Retracements on my charts. How do i go about doing that? I do see the indicator. Thank youTags: None
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Hello coolriverjoe,
Thank you for your post.
NinjaTrader offers both Fibonacci Extensions and Retracements drawing tools. You can access these Drawing tools by left mouse clicking on the Drawing Tools button in the toolbar at the top of the chart (pencil icon).
Here is a clip from our Video Library on using Drawing Tools.
I am also including the steps to create and save Fibonacci Templates for custom Fibonacci levels and colors.
Use the following steps to save a Fibonacci template.
- After drawing a Fibonacci Retracement double click on the dotted line
- In the Fibonacci Retracement Properties window set the custom colors, style and percentage anchors
- Press ‘Apply’
- Right click within the properties window -> Manage Templates
- Save as 'Default' or enter text and press 'Save'
- Press 'OK' to save changes and close the Fibonacci Retracement Properties window.
Please see the section Understanding Fibonacci drawing object templates from the following link.
http://www.ninjatrader.com/support/helpGuides/nt7/working_with_drawing_tools__ob.htmCameronNinjaTrader Customer Service
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