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New Bee.....trying to learn the Alveo program...

 
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cpctechnology

New Bee.....trying to learn the Alveo program...

Hi Everbody....I have been here a week now....and am getting used to the Alveo platform....but there are a couple of tools I need.... I would like to learn the Fibonacci tool (retracement) and how to apply it to my chart.   I also would like to put "short" horizonal lines...not the long ones...on the chart.

I am also finding out that too many strategies are "freezing" me...ha!  I need to apply one strategy....for a while...then another....for a while...to much information is stunning!  I am excited to be here and very grateful for the opportunity to get funded and learn a new source of income!!     

Happy (and solid) trading....Charmaine :-)

Wed, 05/18/2016 - 11:58am
 
FXGold54

Hi Charmaine and Welcome to the Hive :)

the fib tool with it's default's is fairly easy to use. you just click on it in the Alveo sidebar and bring it to the chart. If you are measuring a pullback in a down trend you would go from your pivot high to your pivot low (the high will be 100% and the low 0%).
You would do the opposite for an uptrend (first the low and then the high)

Hope that helps,

Allen

 
4xNorm

To get a short horizontal use the trend line which can be drawn any angle any length

 
cpctechnology

Thanks Allengoldatty and 4xNorm - got it!