to download user guide - NEXGEN Software Systems

ContinuedFib_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 to 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). When in doubt LEAVE at “0”.Fib_NdaysBack (90), number of days back to start fibs analysis for each - So if yourchart has 30 days the fibs will only use all the data if set to 90. This number may need tobe in the hundreds if looking at High Timeframe bars. Note- the first 90 days of the anychart will use all data available until it reaches Ndays. So a bigger number is OKFib_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 theFibs will recalculate after every Friday Once per week. If it is set to -14.2 the Fibs willrecalculate on Tuesday every other week.USEHITSUPHITRESFILTER- if you are touching or withingNUMTICKStoStackORFIB ticks away the program will not generate a signal.41