Tooltip Wrangler only positions the main tooltip where you want it.
For fade, alpha, and scaling I suggest using CowTip available http://wow.curse.com/downloads/wow-addons/details/cowtip.aspx
For CowTip to work with TTW, disable CowTip's positioning module.

Tooltip Wrangler allows the user as much control as possible to position the tooltip where they want it.

The previous set of commands work as well.
IE: /ttw mouse, /ttw crosshairs, /ttw anchor bottom, etc

Tooltip Wrangler: Valid command list \(use /ttw <command>\)
   disable: Disables TooltipWrangler.
   enable: Enables TooltipWrangler.
   help: Lists valid TooltipWrangler commands.
   list: Lists all patterns.
   load <config>: Loads configuration. Leave empty for list.
   lock: Hides the crosshairs.
   save: Saves the current configuration to the default configuration.
   showname: Toggles output of frame names in General chat window.
   unlock: Shows the crosshairs.
Available tooltip styles: \(use /ttw <pattern> <style>\)
   crosshairs: Tooltip will stick to the crosshairs.
    Tooltip is attached to the crosshairs when the mouse is over the frame.
    Usage: '/ttw UIParent crosshairs'
    Any player, pet, npc, cooking pot, etc moused over in the main screen will generate a Tooltip anchored to the crosshairs.
   frame <frame>: Tooltip will anchor to the frame specified.
    Tooltip will attach itself to the given object.
    Usage: '/ttw MyAddonFrame frame Minimap'
    Mousing over MyAddonFrame will places its Tooltips attached to the Minimap.
   hide: Hides the tooltip on mouseover.
   mouse: Attaches the tooltip to the mouse cursor.
   original: Default position and orientation.
    Tooltip is placed as intended by the original programmer.
    Usage: '/ttw ExampleFrame original'
    Tooltip appears in original position when mousing over ExampleFrame.
   self: Attaches tooltip to owner if able.
    Tooltip is attached to the specific frame by the anchor and offsets.
    Usage: '/ttw Perl_Party_* self
    Tooltip will attach itself to any Perl_Party frame (this includes pet, player, debuffs, etc)
   smart: Tooltip shifts to center screen.
    Tooltip is attached to the specific frame, but always shifts towards the center of the screen.
    Usage: '/ttw MultiBarBottom* smart
    When mousing over any of the buttons on the bottom left or right bars of the Blizzard UI, the Tooltip will point towards the center of the screen.
Miscellaneous commands: \(use /ttw <pattern> <command>\)
   add: Adds the pattern.
    Usage: '/ttw JabberWocky add'
    JabberWocky will be added to the patterns. The frame referenced by the name JabberWocky will match and have it's specific settings applied.
   anchor <position>: Sets the corner tooltip anchors from.
    The anchor to which the Tooltip will attach itself. Only applies to self, mouse, frame, and crosshairs styles.
    Available anchors are 'top', 'bottom', 'left', 'right', 'center', 'topleft', 'topright', 'bottomleft', and 'bottomright'.
    Usage: '/ttw default anchor center'
    When all objects covered by 'default' are moused over, provided the style used is one of the above, the Tooltip will be anchored by it's center.
   disable: Disables the pattern.
   enable: Enables the pattern.
   offset <x> <y>: Sets tooltip offset to x, y.
    X and Y offsets to move the tooltip by. Can be negative. Only applies to self, mouse, frame, and crosshairs styles.
    Usage: '/ttw UIParent offset 20 -20'
    Any Tooltip generated by UIParent will be moved 20 units to the right and 20 units down from its anchor point.
   remove: Removes the pattern.
   reset: Resets the pattern to default settings.
    Resets the pattern to defaults. The defaults are as the original author intended them.
    Usage: '/ttw UIParent reset'
    All settings saved under the UIParent pattern are returned to the default settings. They are explained below.

<pattern> can be any frame name or simple pattern. Uppercase or Lowercase sensitivity must be followed. Wildcard is '*". 'uiparent' is different from 'UIParent'. 'Multi*Bottom*' matches MultiBarBottomLeft2, MultiBarBottomRight6, and MultiSinkBottomHike
For example:
UIParent is the main WoW window.
MultiBarBottomLeftButton3 is one of the buttons on the optional bottom bar.

Tooltip Styles:
The following, all listed above, are styles. 'mouse', 'self', 'smart', 'crosshairs', 'original', 'hide', and 'frame'. Each one, described above, is a different method to position the tooltip. Mouse attaches it to the mouse, while Self attaches the tooltip to the object being hovered over by the anchor specified.

'/ttw showname' will display frame names in the General chat window. Then you can take those and create a pattern using the matching described below, or specify them individually. They can be added by '/ttw <Pattern> add'. 'UIParent' and 'default' exist as starting patterns. UIParent is everything you can mouse over in the main window, excluding buttons, etc. 'default' covers everything else.

A simple wildcard match can be defined as '*' without the quotes
Example: MultiBarBottom*

CURRENT INCOMPATIBILITIES::

Auctioneer - Auctioneer is forced into embedded mode to work properly with TTW.
    This is actually a problem with all addons that make use with Auctioneer sub-addon EnhTooltip
Informant - same boat as Auctioneer. Try '/informant embed on'
BottomScanner - Ditto, uses EnhTooltip.
Possessions - See Auctioneer. Possessions does not require EnhTooltip.


TOOLTIP WRANGLER SHOULD BE COMPATIBLE WITH ALL VERSIONS, PLEASE TELL ME IF IT'S NOT
NEED TRANSLATIONS

Hi Thomas…
Unfortunately, I gave up writing addons. Don’t have enough time to do both and I would rather play. Please feel free to continue the TTW addon by publishing your version… Sounds like great work.
Regards,
Ken

So hence, this is a continuation of Tooltip Wrangler which is no longer found on Curse.