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?

Dear Brian,
we do need some specific changes to be added cause 7 levels are extremely low and here is why -
fib retracement lines 14.6, 23.6, 38.2, 50, 61.8, 78.6, 88.6
fib extension lines 127, 150, 161, 200, 227, 261, 300, 327. 361, 400 etc
thx,
MG