ProTrader - NEXGEN Software Systems

T-3 Fibs ProTrader Inputs and MeaningsFib_Timeframes(10) - number of timeframes analyzed (1-10 range)Fib_AutoFluSetting (22) - First number is Range to look for Confluences the higherthe number the larger the range ( 2-4 Usable ) . The Second number is how aggressivelyto "collapse" weaker Fibonacci areas ( 1= Smallest - 4 = Largest usable).Typically this setting should always remain " 22" or "32 " in our experienceFib_CollapseMarginTicks (0), 0 means is auto-calculated ( above input) or you canmanually set how many ticks you wish to use as a filter. 1 =smallest - 1,000 ... when youuse smaller charts Auto Settings usually work well. If you use Daily charts or largertimeframe charts depending on the market you will need that make that numberconsiderably higher. For example a stock that trades in a large range like Google mayneed 300 as a setting- that would mean you are collapsing fibs within a 3 dollar range or( 300 of the smallest increment the instrument trades in).Fib_NdaysBack (10), number of days back to to start fibs analysis for each - So ifyour chart has 30 days the fibs will only use data from the last 10 days if set to 10. Thisnumber may need to be in the hundreds if looking at Daily bars. Note- the first 10 days ofthe 30 day chart will use all data available until it reaches 10 days.Fib_UpdatePeriod (1440), How often in minutes your chart will update theAutomated Fibonacci lines. 360 = every 360 minutes. If you use Daily charts you maywish for your update period to be once per week. In that case a (-) negative number isused to make the program use DAYS and not minutes. (-14) would be every two weeks.When using Negative numbers you can also specify the DAY of the week to update thefibs expressed as a 1-5 representing Monday through Friday.So if you set it to -7.5 the Fibs will recalculate after every Friday Once per week.If it is set to -14.2 the Fibs will recalculate on Tuesday every other week.Fib_LineWidth (0)- Sets Fibonacci Line thickness ( 0-5 ) usable rangeFib_TextToRightSpace (14)- Plots the value of the fib line on the right edge of yourcharts. If you set it to "0" it will turn off the text prices.Plot_OffsetTicks (2)- Controls how many ticks above or below price bars for plots suchas the ABC plots.32