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With our Fibonacci calculator you can generate basic Fibonacci retracements and extension values in both up and down trends, by entering the high and low values of your choice. This is a powerful tool for predicting approximate price targets.
The tool calculates F(n) – Fibonacci value for the given number, as well as the previous 4 values, using those to display a visual representation. Because the Fibonacci value for 20000 has 4179 decimals and it needs quite an impressive amount of processing, the maximum allowed value is 20000.
How it works
This tool uses the Math_Fibonacci package for PEAR (PHP library). The algorithm takes advantage of the golden ratio and is able to give you the result quickly. However, since the complexity is very high for large numbers this tool is limited to F(20000).
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For higher chance winning odds, long-term trading is the preferred methodology. Long-term trades offer a greater range of flexibility when selecting your expiry times. With high payouts, experienced and knowledgeable traders are able to see quick results.
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High frequency trading involves significant risk. We strongly advise that you read our Terms & Conditions. Although the risk when trading high frequency trading is fixed for each individual trade, the trades are live and it is possible to lose an initial investment, particularly if a trader chooses to place his entire investment to a single live trade. It is highly recommended that traders choose a proper money management strategy which limits the total consecutive trades or total outstanding investment.
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