Chat Now

View this topic on docs.devexpress.com (Learn more) ## Fibonacci IndicatorsThis document provides a general overview of Fibonacci indicators, and details each of the available types. This document consists of the following sections. ## Fibonacci Indicators Overview
Referring to the Each point's coordinates are determined by its FinancialIndicatorPoint.Argument and FinancialIndicatorPoint.ValueLevel properties. So, for a Stock chart you can define the StockLevel.Low level for one point, and StockLevel.High for another (or, StockLevel.Open and StockLevel.Close ). And, between these two extreme points (through which the The appearance of radius lines is individually adjusted for the base (FibonacciIndicator.BaseLevelColor, FibonacciIndicator.BaseLevelLineStyle and FibonacciIndicatorLabel.BaseLevelTextColor) and intermediate (Indicator.Color, Indicator.LineStyle and TitleBase.TextColor) levels. Common options of indicator labels are available via the FibonacciIndicator.Label property. Note that all the chart's indicators are painted, based on a palette defined via the ChartControl.IndicatorsPaletteName property. A Fibonacci indicator is represented by the FibonacciIndicator class instance residing in the IndicatorCollection of a view, accessible via the XYDiagram2DSeriesViewBase.Indicators property. To learn how a Fibonacci indicator is added to the collection, refer to How to: Add a Fibonacci Indicator to a Chart. Three kinds of Fibonacci indicators are provided by the FibonacciIndicator.Kind property: ## Fibonacci Arcs
The FibonacciIndicatorKind.FibonacciArcs kind is represented by concentric circles, whose center corresponds to a value level of FinancialIndicator.Point1. Along with the second point's value level, they correspond to the An example of Fibonacci Arcs can be seen in the following image (the You can choose which levels are shown, via the FibonacciIndicator.ShowLevel100, FibonacciIndicator.ShowLevel23_6 and FibonacciIndicator.ShowLevel76_4 properties. ## Fibonacci Fans
The FibonacciIndicatorKind.FibonacciFans kind has the first point's value level connected with a value level of another point by the An example of the Fibonacci Fans can be seen in the following image (with the You can choose which levels should be shown, via the FibonacciIndicator.ShowLevel0, FibonacciIndicator.ShowLevel23_6 and FibonacciIndicator.ShowLevel76_4 properties. ## Fibonacci Retracement
The FibonacciIndicatorKind.FibonacciRetracement kind takes a first point's value level as An example of the Fibonacci Retracement can be seen in the following image (with an additional You can choose which levels should be shown, via the FibonacciIndicator.ShowLevel23_6 and FibonacciIndicator.ShowLevel76_4 properties. Plus, the FibonacciIndicator.ShowAdditionalLevels option can draw golden ratio levels beyond For more elaborate information on Fibonacci indicators, with a detailed description of each type, visit our web site at Fibonacci indicators in financial charts and Fibonacci indicators online demo. ## See Also |