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Fibonacci Calculator

Fibonacci Calculator

To calculate the Fibonacci retracement levels, simply input in the High Value and the Low Value of the Trend you are examining, then press the button "Calculate!".

High Value:
  Low Value:

 
       
61.8% Retracement Value
 
50% Retracement Value
 
38.2% retracement Value
 
 


Fibonacci retracement levels

A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created by drawing a trendline between two extreme points and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.

The Fibonacci Calculator, when used properly, is one of the most powerful tools in determining the support and resistance of a currency trade. Fibonacci calculator allows the Trader to set bounce and profit targets. The beauty of Fibonacci is best expressed through setting targets. Rather than react at the moment Price changes behavior, setting bounce and profit targets helps the trader to plan ahead, allowing price to come to the trader, instead of the trader chasing price.



RECOMMENDED BOOKS
 Fibonacci TradingNew Frontiers in Fibonacci Trading: Charting Techniques, Strategies & Simple Applications (Hardcover)

by Michael Jardine

Traders caught at the crossroads of traditional, proven, trading techniques - and new online tools and methods - have struggled to find a way of blending the two together into a unified trading system. Now, the marriage of the methods is complete, and brought into sharp focus in New Frontiers in Fibonacci Trading. This groundbreaking new work combines the foundations of Fibonacci trading with classic charting techniques, modern applications, and cutting edge online analysis tools.Michael has gone beyond his role as 'student" of the markets - becoming a gifted teacher in the process.
Fibonacci Trader WorkbookThe New Fibonacci Trader Workbook: Step-by-step exercises to help you master The New Fibonacci Trader

by Robert Fischer

With his bestselling Fibonacci Applications and Strategies for Traders, Robert Fischer established himself as the leader in the Fibonacci approach to trading. This new workbook offers a powerful new arsenal of tools, using step-by-step exercises. Fischer carefully delineates techniques for combining his strategies into precise, reliable, well-disciplined trading tools that enable traders to take advantage of naturally occurring and recurring patterns.
TECHNICAL ANALAYSIS TOOLS
Fibonacci Calculator

Pivot Point Calculator

Indicators
(Oscillators, eg: Relative Strength Index RSI)

Number theory
(Fibonacci numbers, Gann numbers)

Waves
(Elliott wave theory)

Gaps
(High-Low, Open-Closing)

Trends
(Following Moving Average)

Chart formations
(Triangles, Head & Shoulders, Channels)
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