How to: Add a Fibonacci Indicator to a Chart
- 2 minutes to read
This tutorial demonstrates a way of showing a Fibonacci indicator for a series. For general information, see Fibonacci Indicators.
To show a Fibonacci indicator for a Stock chart, do the following.
Create a new or open an existing Stock chart. For this example, we will use the following chart.
In the invoked Indicators dialog, click the Add... button.
Then, in the Indicator Type dialog, choose the required Fibonacci indicator kind and click OK.
If required, you can change the kind later, via the FibonacciIndicator.Kind property.
For each kind of Fibonacci indicator, it is possible to display extra lines for the additional levels implied by the Fibonacci sequence. The set of these levels is unique for each kind.
The following image demonstrates the resulting Fibonacci Arcs indicator.
A complete sample project is available in the DevExpress Code Examples database at http://www.devexpress.com/example=E966.