Wouldn't you like to know at a glance where the Fibonacci retracement lines are for the current trend without having to draw or redraw the indicator on your chart? How about knowing what the levels are for the retracement as well as counter-trend levels? Add to that a marker for the trend high and trend low, and you have our exclusive Retracements indicator!

Follow along on the right margin as the Retracements ladder shows you exactly where major Fibonacci retracement levels are. Fib lines are erased and redrawn as the market moves to or through them. You can of course configure which retracement levels you want to monitor, as well as the color, size and type of lines for each level. You can also, though not illustrated here, display the fib values for each line if you wish.

Other configuration options are available to control when and how the ladders are created. You'll just have to try it out and experiment to find what works best for your trading style!