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Charting and Studies User Guide - CQG.com

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Page 174<br />

Fibonacci Time Zones (FiboTZ)<br />

What it does:<br />

Fibonacci Time Zones are a series of vertical lines that mark the bars at Fibonacci intervals of 3,<br />

5, 8, 13, 21, 34, etc. <strong>CQG</strong> does not display the first two time zones that correspond to<br />

Fibonacci numbers 1 <strong>and</strong> 2.<br />

The vertical lines of this pointer tool indicate times in which major price movement can be<br />

expected.<br />

How to use it:<br />

Pointer Tools<br />

1. Select the FiboTZ tool.<br />

2. Click to establish the beginning point. The time zone lines are drawn on the chart at<br />

the Fibonacci intervals. The time zone lines can still be moved, but will maintain their<br />

distances from each other. This anchors the time zones.<br />

3. Click again to draw the Fibonacci Time Zones.<br />

4. When the lines on the chart are where you want them, click to park them.

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