Fibonacci Calculator
So fibonacci calculator very help you to generate basic fibonacci retracement values for any given trend.
These values are the most important pivot point levels of support and resistance for a given trend for any currency pair to trade.
Furthermore with forex currency trading by the help of Fibonacci retracement levels you will be able to set orders and targets for sale as well as buy because it is the most best ways to organize trader’s portfolio investment.
How to calculate fibonacci calculator.
When would like to calculate fibonacci retracement levels, please enter the starting point (b) as high value for closing candle of a day or any candle for chart to uptrend direction.
after putting such value of high then put the value point (a) of the moves in low of the candle insert the custom (c) that is close value of candle then press calculate button.
Now you can do such exercising to put the values for down trend so please go to enter the starting point (a) as high value for closing candle of a day or any candle for chart to uptrend direction.
then put the value point (a) of the moves in low of the candle insert the custom (c) that is close value of candle then press calculate button.
For example for uptrend.
High(b) = 1.3311
Low(a) = 1.3225
Custom(c) = 1.3250
| Retracements | |
| 0% (b) | 1.3311 |
| 23.6% | 1.32907 |
| 38.2% | 1.32781 |
| 50% | 1.3268 |
| 61.8% | 1.32579 |
| 76.4% | 1.32453 |
| 100% (a) | 1.3225 |
| 138.2% | 1.31921 |
For example for downtrend
High(b) = 1.3311
Low(a) = 1.3225
Custom(c) = 1.3250
| Retracements | |
| 138.2% | 1.33439 |
| 100% (a) | 1.3311 |
| 76.4% | 1.32907 |
| 61.8% | 1.32781 |
| 50% | 1.3268 |
| 38.2% | 1.32579 |
| 23.6% | 1.32453 |
| 0% (b) | 1.3225 |
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Thanks for appreciation