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 Investor/RT Tour ( more on Technical Indicators )
Price Projections
Built within Fibonacci Retracement Indicator
The Formula . . . 

. . .more on Formulas 
NA
 
The Presentation . . . 

. . . more on Charts 

Price Projections

Above is a 60-minute chart of the Microsoft (MSFT).  The Price Projections lines can be seen at 1, 2, 3, 4, 5, 6, and 7% above and below the 64.81 line.  There preferences for this setup can be seen below.  Notice the Price Projections have been built as an option within the Fibonacci Retracement tool.
 
The Preferences . . . 

. . . more on Preferences 

Price Projections

  • PriceProject- This turns on the Price Projections option inside the Fibonacci Retracement tool.  This force the lines to be drawn an percent from a single price, as opposed to a percent between two prices (as the retracement does).
 
The Description . . .
The Fibonacci Retracement tool has been enhanced to provide a new Price Projection option. This option allows the user to specify one price, and automatically draw multiple horizontal lines any percent level above or below that price. A new checkbox in the Fibonacci Retracements preferences entitled "PriceProject" turns on this option. When Price Projections are turned on, the indicator only considers the ending price specified, and uses the percent levels specified in order to create horizontal lines those percentages up and/or down from the end price. The base line (0% line) can the be dragged up or down and the corresponding percent reference lines will be recalculated and redrawn accordingly.  This line can also be adjusted using the keyboard by selecting the line, then hitting the up or down keys on your keyboard.  For more information on adjusting technical indicators, click here.