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Params
 
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The UseForcd parameter for the establishment of Fib lines is best understood by an illustration.

In this first picture note that the position of the    1.000   line coincides with the end of a leg identified with a zero just to the left of the  (1.000--684.30)  annotation.  This shows that the leg which starts in the latter part of November and extends into the first 1/3rd of December is the leg used for establishing the indicated set of Fib lines.  THIS IS A NON-FORCED LEG SINCE BOTH TURNING POINTS WHICH DEFINE THE LEG ARE FULLY DEVELOPED AND NOT "FORCED" BY THE SYSTEM.

SWT_FibLinesNOT_Forced.gif (12577 bytes)

Now, since we THINK that a bottom may have occurred around the 656.68 level (see the 0.000 annotation) then we specify for the indicator to use the  UseForcd   parameter by setting its value to be TRUE.  This now gives us a picture of what may go forward from here.

SWT_FibLinesForced.gif (12062 bytes)


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