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High Probability Trading Pro

A popular form of technical analysis is the use Fibonacci price retracements for determining trend changes. Fi...

$ 0.99

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A popular form of technical analysis is the use Fibonacci price retracements
for determining trend changes. Finding the Fibonacci retracements often
requires the drawing of a line between two or more points on the chart, in
some cases between high point, low points or low to high points. The points
chosen are usually subject to interpretation and difficult to understand and
hard to relate to the actual stock trade.

The High Probability Fibonacci Trading app finds and identifies the Pivot,
Resistance and Support points, predicts the gain and trade probability and
specifies the market entry and exit prices.

Using the Fibonacci series, up to four pivot points are located and analyzed
for trend, gain and probability using Werner Pivot Points. Werner Pivot Points
are derived from the linear regression of the stocks pivot points following
the Fibonacci series using the least squares method. Because multiple points
are used, the trend and direction is accurately computed. Conventional pivot
points only use the average prices from the previous day and offer very little
information.

Last update

Feb. 15, 2013

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