System Fibonacci 2.0.0.6

Create two Fibonacci trend lines, not  just one, and match the most common retracement and projections lines that represent the major support and resistance levels. Experiment with Fibonacci arcs, to get a time projection perspective and make better trading decisions.

Major Features:

1.  Toolbar:
   • The toolbar is the control panel. It is where you download new tickers, draw charts, select chart settings, drawing tools and chart printing.
     
   • • Download new tickers (green arrow) or refresh the current chart with the most recent price data (blue arrow)
     • Select a previously downloaded chart
     • Draw, delete or print a chart. Connect and transmit current trend line information to the Jigaro Fibonacci Market Timer (works only with Jigaro Market Timer version 3.0 or later, transmits only when Trend1 with retracements is selected and drawn)
     • Select a Daily, Weekly or Monthly chart
     • Choose line color and thickness for the currently selected drawing tool
     • Modify the chart settings
     • Clear the latest drawn line (CLR), all lines (CA), or trend1 (CLR T1) and trend2 (CLR T2)
2. Drawing tools:
   • Select a drawing tool from the Add toolbar pull down menu. You can draw simple lines, or trendlines. Add two simultaneous trendlines to your chart (a short and a long term one) in order to calculate the most common retracement or projection levels.
     
3. Select Fib Arcs to analyze how your stock reacts with regards to time zones. Once you have selected a drawing tool, draw it by clicking and dragging the mouse on the chart.
4. Chart Settings:
   • The chart settings let you personalize the charts to accomodate your taste and style.
   • The Animate check box will make the chart load with animation. You will be able to see the chart progress through the time line you have selected. It gives a good perspective of a stock price's motion
   • Show Coordinates when checked, will display a price and a date at the bottom status bar for the current mouse position on the chart
   • There are four chart styles you can choose from: a Line, Candlesticks, Price Points or a Line with Price Points
   • You can show or hide two moving averages MA1 and MA2, as well as a ZigZag line. The ZigZag line provides a clearer picture of  motion trends by eliminating the noise of small price fluctuations. Experiment with lower and higher values for the noise reduction to see how it affects the appearance of the ZigZag line
   • Uncheck the Use Max Chart Surface check boxes if you need more white space (either vertically or horizontally) to work with, for instance to extend a trend line into the future
   • The Decimal Places setting is provided to suit the need of Forex traders
5. Status Bar:
   
   • The status bar shows the calculated price levels of trends drawn on the chart. The picture above shows levels for two trends. The prices highlighted in blue are the closest matching price levels of the two trends; they represent the strongest support or resistance levels the stock is likely to encounter.
6. A Chart Example:
   • This five year chart of AMZN is a good illustration of how the price reacts to the Fibonacci arcs, with the 50% retracement level providing strong support: 

Enhancements: Desktop Shortcut Added at Installation Time

Requirements: .Net Framework automatically downloaded if needed

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