IT_FibChan
FibChan
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NinjaTrader does not have a native Fibonacci Channel but now there is an alternative. Three mouse clicks is what it takes tor perfect channels. This is the tool to bridge the gap between horizontal retracements/extensions and vertical time extensions. In the above picture you can see additional lines between the 0% and 100% lines.
This example above shows the inverse fibs turned on.
Button quick settings menu.
Lengthy list of settings allows many options.
Below is an example of usage with another tool, the IT_XABCD tool.
Key Features
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- Accurate Fibonacci Channels, every time
- Ability to apply two tools at once, just change the ID color of the second.
- Adjust for Point & Figure vertical units (ticks per box) and large timeframe charts
- Price snapping on/off
- Simple three click system.
- All lines have settings for enable/disable, thickness, color, style and value.
- Small toolbar button option
- Definable hotkey
- Survives chart refreshes and restarts
- Quick settings button dropdown menu
Change Log
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4/26/16 - Added a parameter to adjust how far into the future to draw the fib lines.
3/11/16 - Modified the TickAdjuster to be more accurate in Auto mode.
12/24/15 - Removed the Restore Data section in Parameters to save space.
7/6/15 - Added drop down menu quick settings to the button.
3/10/15 - Updated to work with SodyPointAndFigure charts.
2/17/15 - Modified the indicator to warn and not work on non-equidistant bars.
8/31/14 - added product