Bad4Col Black As above, colour of histogram Wave 4 number whensupposedly invalid by size. Also the colour of the
‘dynamic’ Wave 4 on the price window.
ShowFibTimeZone true Show the Fibonacci Time ZonesFibTimeColUp DarkGreen Colour of above in up-trendsFibTimeColDn Red Colour of above in down-trendsFibTimeWidth 2 Thickness of above levelsFibTimeLines 4 How many time zone levels to showFibTimeLevel1 1.7 Ratio of the 1
st
to 3
rd
waves for calculating the Wave5 time. The value of 1.618 was used in the examplechart at the top of this document.FibTimeFromPeak3=true Some users prefer to show where Wave 5 mightstart; whilst other where Wave 5 might end or peak
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all based on where the Wave 3 point is calculated.This option allows for starting on the Wave 3 pricehigh/low or from where Wave 3 crossed into apossible Wave 4
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the latter seemingly being good forfinding where Wave 5 might peak (there is, as yet, nostatistics from using this indicator to suggest what isbest)If above false, FibTimeLevel1will be from Zero Line Crossafter W3 Just a note ref above
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not an option to changeCrossVline true Show vertical lines when histogram crosses the zerolineVlineColor Silver Colour of aboveVlineStyle 2 Style of above