Fibonacci
Brief
The section describes the Add Fibonacci tools and explains how to work with them.
Details
All Fibonacci tools are based on the Fibonacci numbers, which, for reasons unknown, play an important role in determining relative areas where symbol prices make noticeable moves or change direction. The Fibonacci numbers are a sequence of numbers where each successive number is the sum of two immediately preceding numbers (1, 1, 2, 3, 5, 8, 13, 21, 34).
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The section explains how to work with the Add Fibonacci Arc tool. |
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The section explains how to work with the Add Fibonacci Channel tool. |
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The section explains how to work with the Add Fibonacci Expansion tool. |
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The section explains how to work with the AAdd Fibonacci Fan tool. |
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The section explains how to work with the Add Fibonacci Retracement tool. |
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The section explains how to work with the Add Fibonacci Time Zones tool. |