The indicator displays the coefficients between the chart extremes.

You can specify your own coefficients (for example, Fibonacci).

The most important ones

• Density – how detailed the search for coefficients in extremums should be. The higher the value, the less detailed the search, and vice versa. The base unit is 1 bar on the chart.
• History – how deep in the history to search. At -1, the indicator searches for all bars in the history. The base unit is 1 bar on the chart.
• Range – how far from the extremum the coefficients should be searched for. The base unit is 1 bar on the chart.

Important

• Default color / Line style / Line width – color, style, and width of the found coefficient lines.
• List of positive ratios – a list of custom coefficients (for example, Fibonacci) that are searched on the chart. When a match is detected, the line is highlighted.
• Color of positive ratios – the color of the positive coefficients.
• Deviation – the ratio of the real and positive coefficients. Base units-in %.
• Show last extreme bar only-show only the bar with the last extreme bar (history is hidden).
• Show positive ratios only-show only positive ratios (the rest are hidden).
• Show developing ratios on last bar-display the emerging coefficients on the last bar.
• Color of developing ratios – the color of the coefficients being formed.

[spoiler title=”Read More…”]

Other settings

• Your own prefix for objects – all indicator objects are marked with the main prefix ratio_. If you want to use more than one indicator on the same chart, specify a special prefix for each copy. If you are going to use only one indicator, you can leave the parameter empty.

[/spoiler]