I wanted to show a good example from this morning of why I think this fib tool option is important and impactful.
Please see the following screenshot link:
Notice on the left chart that there are 2 white (50%) lines shown on the chart but I can't tell which one is the near term line and which one is the longer term line. One may be a 50% line for a Short and one may be a 50% line for a Long. It's important to be able to quickly tell which line is which.
If the fib retrace horizontal lines would start plotting at the 2nd anchor point then it would be clear which fib was which and it would make the chart cleaner and easier to interpret quickly. When price is moving fast, anything which might cause confusion on your chart can be a big problem.
Please consider adding this option to the next beta release.
Please advise.
Thanks,
Todd Clark
Edit... also see this new screenshot below.. if the fib lines started at the 2nd anchor point, the top fib line would not be covering up the high of the day line.. Earlier this morning I was just looking at the chart on the left so I didn't realize that ES was double topping at the high of the day... that important current high of the day line information was being covered up by the top fib line so I missed a really good entry short.

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