Fib display

[Haiasi]

How do I get the fib to display in points? For example if I draw a fib at a potential entry and end the fib where my stop would be how do get it to display how large the stop is going to be? I know I can use the risk ruler but I would like to use the fib so I can accurately determine a 50 and 38.2 retracement for an add.

[NinjaTrader_ChelseaB]

Hello Haiasi,

Are you referring to the Draw.FibonacciRetracements() drawing tool?

https://developer.ninjatrader.com/docs/desktop/draw_fibonacciretracements

The levels are shown in points.

You could choose to remove all levels but two, and set these to 50 and 38.2. (Open the Levels window by clicking in the Levels field in the Drawing tools window)

You can also set the levels from NinjaScript.

https://forum.ninjatrader.com/forum/ninjatrader-8/indicator-development/1113119-draw-fibonacciretracements?p=1113175#post1113175

https://forum.ninjatrader.com/forum/historical-beta-archive/version-8-beta/82637-example-of-fibonacci-retracement-please?p=711093#post711093

[Haiasi]

Yes it's the Draw.FibonacciRetracements() drawing tool, I have no issues setting up the levels I want. I just want to know it it's possible to set it up to calculate the stop for example if I draw the fib at 4000 for the entry and end the fib at 3998 I want it automatically calculate the stop size from the 2 points on the drawing like the risk ruler does but this way I don't have to draw out the risk ruler and the fib it's just all in one.

[NinjaTrader_ChelseaB]

Hello Haiasi,

You can use a price level as the stop price for an order if this is what you are trying to do.