LiteFinance provides traders with Fibonacci calculator
Fibonacci calculator for LiteForex online clients
Use the Fibonacci Calculator from LiteForex to calculate price retracements and correct your Forex strategy. The Fibonacci Calculator is a powerful technical analysis total that allows you to manage your Forex trading.
The inventor of the Fibonacci calculator was Leonardo Fibonacci – he was the first major mathematician of the Middle Ages in Europe.
He was born and lived in Italy in the 12th and 13th centuries. His number theory became popular and became one of the most important trading methods in the Forex market Start sign. A Fibonacci sequence is a simple sequence of numbers.
Each number is the sum of the two preceding numbers.
The mathematician Leonardo Fibonacci has developed a numerical model in sequence, and the model is applied to many fields, including trading.
By identifying resistance Points and Support Points, Fibonacci Calculator allows professional traders to find the correct target and price direction.
On the basis of this data, they evaluate the market and take action – whether to buy or sell or continue to wait for the whole market Best Quotes.
Fibonacci calculator has won a very high position in many foreign exchange tools.
Fibonacci is just a technical analysis index of the foreign exchange market It can determine when to break down and when to rebound.
Its feature is that traders can Fibonacci level Set stop loss and take profit points, which greatly improves its chances of success.
To use the Fibonacci calculator provided by LiteForex, you need to enter the values (highest and lowest) required for the current trend of interest in the table, indicating the direction And click the button “Calculate”.
The calculator will calculate the result you want to know.