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A free offline forex fibonacci calculator.: Forex Fibonacci Levels


Forex Fibonacci Levels is a free offline Fibonacci ratios calculator. It is enough to figure out the previous trend extreme points and by the help of the "Forex Fibonacci Levels" calculator you will easily find the Support / Resistance levels.


Publisher's Description:
Forex Fibonacci Levels is a Freeware offline Fibonacci levels calculator.
Leonardo Fibonacci (1170 - 1250) was a Middle Ages mathematician born in the Italian city of Pisa. He is most known with his "Book of Calculation" and the number sequence named Fibonacci Numbers.
In the Fibonacci sequence of numbers, each number after the first two is the sum of the previous two numbers. Thus the sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, etc. Fibonacci ratios derived from this sequence of numbers are 0.382, 0.50, 0.618, 1.27 etc.
It is amazing how prevalent these numbers and proportions are in nature and man made structures. They have been found in the patterns of leaves, grass and flowers, and branching in bushes and trees. Fibonacci numbers can also be found in the arrangement of tines on a pine cone, in raspberry seeds and other natural areas. Genes too and enzymes often show Fibonacci patterns. These and so many other examples may have something to do with why it is felt that Fibonacci has a part to play in helping us to trade on the Forex market.
Fibonacci ratios are also widely applied in trading of the Forex market for various purposes. Usually they are applied to Forex charts to find out support and resistance levels, to predict entry and exit points, longevity of trends, trend reversals, creating stop-loss orders, profitable positions, etc. There are also many Forex trading systems built around these ratios. The four most popular Fibonacci trading applications are Fibonacci Arcs, Fibonacci Fans, Fibonacci retracements and Fibonacci time zones.
The best is that the Fibonacci price points, or levels, for any Forex currency pair can be calculated in advance so that the trader will know when to enter or exit the market. It is enough to figure out the previous trend extreme points and by the help of the "Forex Fibonacci Levels" calculator you will easily find the Support / Resistance levels.
 

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Editor Rating: 5 Stars

File Size: 0.14 MB Date added: 2008-12-15
License: Freeware Version: 1.0
Price: $0.00 Supports: No Install Support
Publisher: Forex Software Downloads: 7161 Times
Platforms: Win98,WinME,WinNT 4.x,Windows2000,WinXP,Windows2003,Windows Vista Starter,Windows Vista Home Basic,Windows Vista Home Premium,Windows Vista Business,Windows Vista Enterprise,Windows Vista Ultimate,Windows Vista Home Basic x64
 
Editor Award: 100% Clean
Forex Fibonacci Levels is 100% Clean!

This software was tested in the DownloadHungry labs on: 2010-08-21.

DownloadHungry guarantees that Forex Fibonacci Levels 1.0 is 100% CLEAN, which means it does not contain any spyware, adware, viruses, trojans, backdoors.

This software was tested thoroughly and found absolutely clean, therefore it can be installed without any concern by computer users.
However, it should be noted that this product will be retested periodically and the award may be withdrawn, so you should check back on this page from time to time.

 
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