Motivewave measures and calculates the fibonacci projections and retracement levels for you, as well as time and price projections (like wave 2 vs.).
Leonardo fibonacci was a medieval italian mathematician born in the 12th century. He is known to have discovered the fibonacci numbers, which are a sequence of numbers where each successive number is the sum of the two previous numbers. Fibonacci sequence 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.
fibonacci trader is a true multiple time frame analysis software package for professional traders. All charts have the capacity to plot indicators on three different time frames, which enables traders see what weekly and daily indicators are displaying compared to their intraday indicators on the same chart, all real-time.
The complete fibonacci trading course is designed to provide you with a profound, highly profitable system and copy & paste guidelines for trading with fibonacci levels. In this course, youll master how to use proven fibonacci trading techniques with the most powerful trend following indicators, candlesticks, and chart patterns so you can easily identify market trends and directions.
Most commercial stock charting software offers the retracements feature as a trend or direction indicator. Some technical trading software offers lines, fibonacci spirals and fans. Fibonacci analysis is the proverbial iceberg of technical analysis.