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after drawing a fib tool on your chart, double click on it , select property, enter -236, check off select box, right click , save as default template.
open + Understanding Drawing Object default settings for more references.
Draw a Fib retracement (assuming this is the drawing you want), double click on line between 0 - 100%, and change the properties. For a target of -23.6, add -23.6 and make sure to check the "active" box...while there you can change your colors, line width and style. If you want it as the default, when finished, right mouse inside the "property box" and a manage template tab will appear. Either save as default (every fib line will be using the new properties) or save as a unique name for future recall. Done. Same procedure for Fib extensions.
is there a way i can use one of the drawing tools--like the fib retracement or extension (or something else) where i can fix set target like 21-34-55 ticks away from a recent swing hi or low? if i had to i could figure out the % of the six levels and do it on the retracement tool--but i'm hoping there's something where i don't have to attach it at top and bottom--just set it from a recent hi low on a 1hr chart--ultimately, i'd like to fix a drawing tool that starts plotting at 0--then 55 ticks away--then 34--55--89--144 for a total count of 377 ticks. anyone got any idea of how i can do this? it also needs to be smart enough to recognize when i am setting it long (off recent low) and short (off recent high). thanks very much,
For what its worth, like TOS, the fib retracement can be set up to snap to the top or bottom of the price bar/candle. Under chart properties - snap mode - Bar and Price, it just makes the fib retarce drawing easier and accurate.
@Richie Z I would set up the Fib retracement tool to plot your target lines.... set the fib retrace properties to the desired targets by calculating the percentages and use on chart in the correct "retrace" direction to have the target lines plotted....then there's the manual method.
