Fibonacci Time Zones: Difference between revisions
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Fibonacci Time Zones are an analytical drawing tool represented by a series of vertical lines, which are used to indicate significant price movement near them. These vertical lines are spaced according to the Fibonacci number sequence (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89). | Fibonacci Time Zones are an analytical drawing tool represented by a series of vertical lines, which are used to indicate significant price movement near them. | ||
These vertical lines are spaced according to the Fibonacci number sequence (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89). | |||
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# Select one of three ways to insert the Fibonacci Time Zones: | # Select one of three ways to insert the Fibonacci Time Zones: | ||
#* In the menu select '''Insert''', point to '''Drawing''' and then to '''Fibonacci Tools''' and click '''Time Zones'''. | #* In the menu select '''Insert''', point to '''Drawing''' and then to '''Fibonacci Tools''' and click '''Time Zones'''. | ||
#* Click the '''Fibonacci Time Zones''' | #* Click the '''Fibonacci Time Zones''' [[File:Drawing FibTimeZones.png]] icon on the '''Drawing''' toolbar. | ||
#* Click the arrow next to the '''Drawing Tools''' | #* Click the arrow next to the '''Drawing Tools''' [[File:Show Hide Drawing Tools.png]] icon on the '''Main''' toolbar, point to '''Fibonacci Tools''' and select '''Time Zones'''. | ||
# The cursor will change to the '''Fibonacci time zones''' | # The cursor will change to the '''Fibonacci time zones''' [[File:FibTimeZones_pointer.gif]]. | ||
# In the Chart Area click where the Fibonacci Time Zones are to begin. | # In the Chart Area click where the Fibonacci Time Zones are to begin. | ||
# Then keeping the left mouse button pressed move the pointer up, down, left, or right to position the Fibonacci Time Zones. | # Then keeping the left mouse button pressed move the pointer up, down, left, or right to position the Fibonacci Time Zones. | ||
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== Moving Fibonacci Time Zones == | == Moving Fibonacci Time Zones == | ||
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# Point the cursor at the Fibonacci Time Zones to move the drawing tool. | # Point the cursor at the Fibonacci Time Zones to move the drawing tool. | ||
# The cursor '''Pointer''' | # The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]]. | ||
# Then keeping the left mouse button pressed drag the drawing tool to the desired position. | # Then keeping the left mouse button pressed drag the drawing tool to the desired position. | ||
# Release the button. | # Release the button. | ||
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#: To access the '''Format Fibonacci Time Zones''' window: | #: To access the '''Format Fibonacci Time Zones''' window: | ||
#:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | #:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | ||
#:# The cursor '''Pointer''' | #:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click. | ||
#:: Or | #:: Or | ||
#:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | #:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | ||
#:# The cursor '''Pointer''' | #:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click. | ||
#:# Select '''Format 'Fibonacci Time Zones'…''' from the shortcut menu. | #:# Select '''Format 'Fibonacci Time Zones'…''' from the shortcut menu. | ||
#:: Or | #:: Or | ||
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#: To access the '''Format Fibonacci Time Zones''' window: | #: To access the '''Format Fibonacci Time Zones''' window: | ||
#:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | #:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | ||
#:# The cursor '''Pointer''' | #:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click. | ||
#:: Or | #:: Or | ||
#:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | #:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | ||
#:# The cursor '''Pointer''' | #:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click. | ||
#:# Select '''Format 'Fibonacci Time Zones'…''' from the shortcut menu. | #:# Select '''Format 'Fibonacci Time Zones'…''' from the shortcut menu. | ||
#:: Or | #:: Or | ||
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#: To access the '''Format Fibonacci Time Zones''' window: | #: To access the '''Format Fibonacci Time Zones''' window: | ||
#:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | #:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | ||
#:# The cursor '''Pointer''' | #:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then double-click. | ||
#:: Or | #:: Or | ||
#:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | #:# Drag the cursor to the Fibonacci time zones instance that is to be formatted. | ||
#:# The cursor '''Pointer''' | #:# The cursor '''Pointer''' [[File:Pointer.png]] will change into '''Hand''' [[File:Hand.png]], then right-click. | ||
#:# Select '''Format 'Fibonacci Time Zones'…''' from the shortcut menu. | #:# Select '''Format 'Fibonacci Time Zones'…''' from the shortcut menu. | ||
#:: Or | #:: Or |