Frequently Asked Questions

 

  1. Do FibOverlay and ChartOverlay work with real-time data?

  2. Which versions of Windows are supported?

  3. How do FibOverlay and ChartOverlay read the chart data?

  4. What does "translucent" mean?

  5. The documentation mentions two Translucency modes. What's the difference?

  6. When the chart behind my overlay changes, why does the overlay remain the same? How do I fix it?

  7. Sometimes my overlay window disappears and then comes back after a brief delay. Why is that?

  8. Sometimes part of the chart beneath the overlay is blank. What causes this?

  9. During installation, I see the message "Do you want to download files from internet server?" What does this mean?

  10. How precise must my tracing be?

  11. I can't view the Help file. How do I access it?


 

  1. Do FibOverlay and ChartOverlay work with real-time data?

    Yes. They work with just about anything that runs under Windows.

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  2. Which versions of Windows are supported?

    Windows 7, Vista or XP is recommended. FibOverlay and ChartOverlay may work with systems earlier than XP but some limitations apply.

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  3. How do FibOverlay and ChartOverlay read the chart data?

    They don't. There is no interaction with the charting program or document you are viewing. The only connection is in your mind. FibOverlay and ChartOverlay allow you to place a transparent or translucent window over your chart. You can see through the Overlay window while you draw on it.

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  4. What does "translucent" mean?

    A clean glass window is transparent. A wall is opaque. "Translucent" is somewhere in between. You can see through the translucent window, but you can also see the window itself. You can adjust the degree of translucency and the text and line colors you draw to create the combination that works best for you.

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  5. The documentation mentions two Translucency modes. What's the difference?

    One mode (System Mode or Dynamic Mode) uses features built in to recent versions of Windows. It works very smoothly and immediately shows any changes that are made in the windows that lie beneath the overlay window. For FibOverlay, this mode is always translucent. For ChartOverlay, you can select either transparent or translucent operation.

    The second mode (Alternate Mode or Static Mode) was created to support older versions of Windows (before Windows 2000), althrough it can also be used with newer versions. When you move or resize an Alternate Mode overlay, or when the contents of the windows beneath the overlay change, it is necessary to hide the overlay briefly while those windows are redrawn. In this mode, it is possible to make the overlay background completely transparent.

    System/Dynamic mode does require the system to work harder. If you find things running slowly, try switching to Alternate/Static Mode.

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  6. When the chart behind my overlay changes, why does the overlay remain the same? How do I fix it?

    Fixing it is simple. Just click on the double-arrow icon.

    This occurs because you are running an older version of Windows that does not support translucency or because you have chosen the Alternate Transparency Mode. In either case, because the system is not supporting translucency, the overlay must do it. Because the overlay has no way to know what the other application is doing, it needs your help. Some actions on your part, such as moving or resizing the overlay, produce an automatic update. Clicking the Refresh button also updates the window. This problem does not occur when you are running a recent version of Windows and you have not chosen the Alternate Transparency Mode.

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  7. Sometimes my overlay window disappears and then comes back after a brief delay. Why is that?

    When you are running an older version of Windows that does not support translucency or when you have chosen the Alternate Transparency Mode, the overlay must provide translucency support. To do this it must allow the system to draw the contents of the windows that are behind it. This requires that the overlay hide itself briefly. This problem does not occur when you are running a recent version of Windows and have not chosen the Alternate Transparency Mode.

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  8. Sometimes part of the chart beneath the overlay is blank. What causes this?

    See #7. The length of the delay that is needed depends on the speed of your system. If this happens rarely, use the Refresh button (the double-arrow icon). If it happens too often, click the Options button and increase the Refresh Delay by one. This problem does not occur when you are running a recent version of Windows and have not chosen the Alternate Transparency Mode.

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  9. During installation, I see the message "Do you want to download files from internet server?" What does this mean?

    Almost all Windows programs require certain standard Microsoft libraries and controls to do what they do. Many just install these files when they are needed. Others ask your permission. If you see this message, it means you are missing some of these Microsoft files or your versions are not up to date.

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  10. How precise must my tracing be?

    The accuracy of your Fibonacci lines will depend on the accuracy of your tracing. However, you can use the overlay's crosshairs to do very precise work. You needn't draw right on top of the price bars in the move you are tracing. You can draw to one side or the other as long as the vertical start and end points of your line match the price move.

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  11. I can't view the Help file. How do I access it?

    You should be able to access Help by pressing the F1 key while the overlay is the active program. You can also access Help through the Start menu or by double-clicking the file ChartOverlay.chm or FibOverlay.chm.

    If none of these things work, see the Help page for more options.

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