UPPER MIDDLE LOWER Use the coordinates tab to enter the numbers
This makes it much more easy and precise.
Your chart will. now be divided into three areas. For each of them you pull a fib again from the high to the low.
This will be your 1st sub-level. 13920 - 9187
8603 - 5317
4733 - 0
You can also divide the CC itself in smaller ranges.
9197 - 8603
5317 - 4733
F2F - SUBLEVELS
You can divide each section again with the next level. Just pull a fib from the most close by above and below you.
This way you get an upper, middle a lower level again within that region.
You just keep going on at the region you are interested in. Going a level deeper all the time.
You will notice the CC's get less high all the time you go a level deeper.
Wide CC's are very strong, the smaller they get the weaker they also will be.
To keep the example clean I just showed the 0.618 (not the 0.66) at the sublevels. LEVEL 0 LEVEL 1 LEVEL 1 LEVEL 2 LEVEL 2 upper middle lower upper middle lower upper middle lower upper middle lower upper middle lower
F2F - INDENT SUB-LEVELS
If you indent the different levels then you have a better overview of where you are.
If you want them move more to the right if time passes by use the coordinates tab and change the right bottom value. You can use the arrows or simply enter a new number.
This way you don't accidently move the levels.
F2F - ORGANIZE
So you can keep track of what is where and easily can switch on or off different sets of levels.
By pressing the lock icon of the folder you lock all those levels at once so you cannot move them by accident and miss a trade by looking at the wrong price.
You still can use the coordinates tab to change the numbers even if the item is locked.
F2F - EXTEND
This option can be handy if your fibs fall off the screen
No matter how you scroll the price levels will always be visible this way.
F2F - LEVEL-SETTINGS
This are the settings for my F2F pull. So you can draw the upper and lower CC at once.
Feel free to use my colour settings. They are quite balanced so you can keep the chart as clean as possible with all those lines.
I would advise you to create a few templates this makes working with the F2F much more easy and saves you a lot of time.
I will describe here the most important for now.
Will extend it later. F2F
most used
F2F - bordered
Same as F2F but also with 0 and 1 level only used for most upper level
F2F - dark
Same as F2F but then a little less prominent by making the linetype dotted and colour opacity 50% mainly used for the smaller lower levels.
F2F - CIRCLES
I created quite some templates to use with the circles. Here you see a few of them.
CC's
main levels
Details
sub levels
You can expand this as much as needed.
The dimmed versions are the same as the CC levels but with 50% color opacity to make them less visible and keep the chart clean.
F2F - CIRCLES
Create 4 circles on the 5 min chart using these coordinates.
CC's
main levels
Details
sub levels
You can expand this as much as needed. By creating new circles with a new fib range.
PENTAGRAM CIRCLES
Go to the 1h time frame and create these
two circles.
Small circle
Local support / resistance
Big circle
Acting as resistance
You can use the levels on the next sheet.
Adapt them to the range from 0 to 2.
If you not only want to have the CC's but also
Want to have the detailed levels then repeat these steps for each circle.
So at the end you have 2 times 2 circles.
Small circle - CC's
Small circle - details
Big circle - CC's
Big circle - details