Support Board
Date/Time: Tue, 04 Nov 2025 12:18:43 +0000
[User Discussion] - Fibonacci Retracement and Expansion Tool
View Count: 3649
|   [2021-03-29 03:24:47]     |  
| User606770 - Posts: 7 | 
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                Hello, Is it possible to combine the fibonacci retracement and expansion tool into one? IE have the retracement values an the expansion values be drawn at the same time? Thank you, Ed Davey  | 
        
|   [2021-03-29 03:53:55]     |  
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                These are separate drawing tools. They are documented here: Chart Drawing Tools: Price Retracement (2 point) | Price Expansion (2 point) | Price Projection (3 point) Tools Sierra Chart Support - Engineering Level  Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing  | 
        
|   [2023-07-12 14:17:14]     |  
| User925138 - Posts: 26 | 
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                Is it possible to add (the Fibonacci Retracement tool) to Sierra charts?
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|   [2023-07-12 15:40:09]     |  
| John - SC Support - Posts: 42737 | 
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                The Retracement Tool can be used as a Fibonacci Retracement Tool. You just need to set the Levels as you want them. Refer to the following: Chart Drawing Tools: Price Retracement | Price Expansion | Price Projection Configuration For the most reliable, advanced, and zero cost futures order routing, use the Teton service:  Sierra Chart Teton Futures Order Routing  | 
        
|   [2023-08-11 17:16:30]     |  
| User925138 - Posts: 26 | 
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                Is there an indicator similar to this or can you create one?  Thanks, -Kevin Dead Simple Reversal Indicator for ThinkorSwim # Dead Simple Reversal Points # Assembled by BenTen at useThinkScript.com # Converted from https://www.tradingview.com/script/QJ5VgF0D-Simple-Reversal-Point/ # Define Conditions def c1 = close[1] < open[1] and close > open; def c2 = close > open[1]; def c3 = lowest(low, 3) < lowest(low, 50)[1] or lowest(low,3) < lowest(low,50)[2] or lowest(low,3) < lowest(low,50)[3]; def buy = c1 and c2 and c3; def c4 = close[1] > open[1] and close<open; def c5 = close<open[1]; def c6 = highest(high, 3) > highest(high, 50)[1] or highest(high,3) > highest(high,50)[2] or highest(high,3) > highest(high,50)[3]; def sell = c4 and c5 and c6; # Plot Signals plot bullish = buy; bullish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP); bullish.SetDefaultColor(Color.CYAN); bullish.SetLineWeight(1); plot bearish = sell; bearish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN); bearish.SetDefaultColor(Color.CYAN); bearish.SetLineWeight(1);  | 
        
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