Custom retracement tool

Similar to fibs, but the inputs can be changed to a customized percentage. Sierra chart has a good one.

The input box.


Hi Tony,

Thanks for posting this to the forum!

With Tradovate’s Fib tool, you can double-click on the drawing after you place it on the chart and enable some additional levels and customize the %'s.


The one restriction we do have is that we have a limit of 7 levels (plus the 0). Were there some specific changes you wanted to see us add in addition to maybe a few more levels?

Ive tried that option and the only reason I haven’t used more often is doesn’t show the amount of ticks in between each rotation line similar to sierra chart.