Investment Charts

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MyMoney supports the following predefined drawings:
MyMoney supports the following predefined drawings:
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Fibonacci Sequences:
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Leonardo Fibonacci was an Italian mathematician born in the 12th century. He is known to have discovered the "Fibonacci numbers," which are a sequence of numbers where each successive number is the sum of the two previous numbers.
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e.g. 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.
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These numbers possess a number of interrelationships, such as the fact that any given number is approximately 1.618 times the preceding number.
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Interpretation of the Fibonacci numbers in technical analysis anticipates changes in trends as prices tend to be near lines created by the Fibonacci studies.
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*Fibonacci Arcs: Fibonacci arcs are created by first drawing an invisible trendline between two points (usually the high and low in a given period), and then by drawing three curves that intersect this trendline at the key Fibonacci levels of 38.2%, 50% and 61.8%. Transaction decisions are made when the price of the asset crosses through these key levels.
*Fibonacci Arcs: Fibonacci arcs are created by first drawing an invisible trendline between two points (usually the high and low in a given period), and then by drawing three curves that intersect this trendline at the key Fibonacci levels of 38.2%, 50% and 61.8%. Transaction decisions are made when the price of the asset crosses through these key levels.

Revision as of 20:18, 2 July 2010

My Money 2.0 Manual

Overview

Image:Invtoolbar.png


Toolbar Button Description
Image:Disk.png Saves the current chart
Image:Magnifier-zoom-in.png Zoom In
Image:Magnifier-zoom-out.png Zoom Out
Image:Magnifier-zoom-fit.png Actual Size
Image:Chart_curve.png Switch Chart Type (Candlestick/Bar/Line)
Image:Ln.png Switch Chart Scale (Linear/Log)
Image:Mouse_cross.png Hide/Show Cross Cursor
Image:Highlighter-color.png Pick Investment Chart Drawing
Image:Eraser.png Remove Investment Chart Drawing
Image:Layers-stack-arrange.png Show/Hide Investment Chart Drawing Pane
Image:Chart_bar_add.png Pick Investment Chart Indicator
Image:Refresh.png Refresh


Chart Drawings

MyMoney supports the following predefined drawings:

Fibonacci Sequences: Leonardo Fibonacci was an Italian mathematician born in the 12th century. He is known to have discovered the "Fibonacci numbers," which are a sequence of numbers where each successive number is the sum of the two previous numbers.

e.g. 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.

These numbers possess a number of interrelationships, such as the fact that any given number is approximately 1.618 times the preceding number.

Interpretation of the Fibonacci numbers in technical analysis anticipates changes in trends as prices tend to be near lines created by the Fibonacci studies.


  • Fibonacci Arcs: Fibonacci arcs are created by first drawing an invisible trendline between two points (usually the high and low in a given period), and then by drawing three curves that intersect this trendline at the key Fibonacci levels of 38.2%, 50% and 61.8%. Transaction decisions are made when the price of the asset crosses through these key levels.


  • Fibonacci Fan Lines: Fibonacci fans are created by first drawing a trendline through two points (usually the high and low in a given period), and then by dividing the vertical distance between the two points by the key Fibonacci ratios of 38.2%, 50% and 61.8%. The result of these divisions each represent a point within the vertical distance. The three 'fan' lines are then created by drawing a line from the leftmost point to each of the three representing a Fibonacci ratio.


  • Fibonacci Retracements: A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created by drawing a trendline between two extreme points and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.



  • Fibonacci TimeZones
  • Fibonacci Vertical Retracements


  • Gann Angle
  • Gann Periods
  • Parallel Lines
  • Percent
  • Periods
  • Poly-Straight Line Segment
  • Straight Line
  • Straight Line Segment

Indicators

My Money 2.0 Manual

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