Drawing Tool - Fibonacci Extension

Add a Fibonacci extension to the drawing tools.

Hi @Piper792

We do offer some extensions in the tool currently, you can view this post about them:

Is this what you were referring to?

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A Fib extension is a bit different as it plots 3 points (ABC) vs a Fib retrace which only has 2 points to plot a retrace of a move.

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adding more levels to the fib tool would be a nice addition. My main charting software is trading view and they offer 24 customizable levels you can put in for fib options. So either a option to add more levels or the ability to save/select templates with different settings would be well welcomed.

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https://www.tradingview.com/x/nzyyrPQ8/

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Two Different things

Fibonacci Extension is different from the Fib Retracement… would love the Fib Extension. :slight_smile:

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Would like to have neg extensions. i.e. -61.8% and -100% on the fib retracement tool.
Would also like more than 7 levels.
Every fib retracement tool I’ve ever used had extensions in each direction.
Would also like a Fib extension tool.

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Three point fib is great because you can make measured moves. It projects one vector into another space and this is helpful. You can also do this by simply copying a line that you used for measuring and then create another fib retracement.

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