RightEdge - The Ultimate Backtesting and Trading System Development Platform
Draws six lines in a "fan" formation from the anchor point. Point 1 is the anchor point. Point 2 dictates the top most fan line. Subsequent lines of the fan are plotted at significant Fibonacci values.
To draw a Fibonacci fan, select the object from the Chart Objects Pane and drop it on to an open chart.
There are appearance aspects of this object that can be changed in the Properties Pane.
Color Changes the color of the object.
Smoothing Mode Sets the drawing type of this object. Default draws a normal line. Anti-alias draws a smoother line at the expense of drawing performance.
Width This sets the size of the pen used to draw the outline of this object. A larger number indicates a thicker line.
Transparency The level of transparency given to this object. Valid numbers are 0-255, where 0 is invisible or completely transparent and 255 indicates no transparency.