2024-09-21 23:55
业内Calculation of the prior range Fibonacci levels
You may not be familiar with the prior range Fibonacci levels. For each prior range (day, week or month, as the case may be) the levels are calculated as follows.
Get the range (that is, the distance in pips between the high and the low). Then provide a line at:
High + range x 0.618
High + range x 0.382
High - range x 0.382
Low + range x 0.382
Low - range x 0.382
Low - range x 0.618
Try them out. They are every bit as good as any other pivot system. Some say even better.
A special feature you should seriously consider using is the Weekly Open. You can set it independently of all other settings. The default configuration has the prior weekly Closes turned off just so you can't miss the weekly open. If you don't like it this way, no problem, you're the pilot. 8)
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Calculation of the prior range Fibonacci levels
| 2024-09-21 23:55
You may not be familiar with the prior range Fibonacci levels. For each prior range (day, week or month, as the case may be) the levels are calculated as follows.
Get the range (that is, the distance in pips between the high and the low). Then provide a line at:
High + range x 0.618
High + range x 0.382
High - range x 0.382
Low + range x 0.382
Low - range x 0.382
Low - range x 0.618
Try them out. They are every bit as good as any other pivot system. Some say even better.
A special feature you should seriously consider using is the Weekly Open. You can set it independently of all other settings. The default configuration has the prior weekly Closes turned off just so you can't miss the weekly open. If you don't like it this way, no problem, you're the pilot. 8)
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