Fibonacci Time Zones
Fibonacci Time Zone
obtained from a top in the historical data series
Fibonacci Time Zone
obtained from a bottom in the historical data series
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Fibonacci Time Zones are obtained by adding the Fibonacci number series from lows and tops of a data series into the future.
The Fibonacci numbers series starts with 0, 1, 2, 3, 5, 8, 13, 21, 34, 55 and so on.
The numbers are believed to represent a "higher" order in the Universe we exist in, since the numbers relations are found through out the nature.
AutoAnalyser is adding the numbers series to the major top and bottom in the visible data series displayed in the window.
The user has a wide choice of customizing the indicator (color, line thickness, start and end of added Fibonacci numbers and many more).
The Fibonacci Time Zone indicator can help in predicting market volatility and turning key points in the future.
Explanation to the picture below:
The red and green vertical lines are the Fibonacci Time Zone.
The markings are obtained by adding the Fibonacci number series to the highest (green line) top and lowest bottom (red line) on the chart. |