Enter 8: Currencies With 4 Decimal Places Swing 1.6550 E5 E6 E7 E8 E10 E11 E12
Enter 8: Currencies With 4 Decimal Places Swing 1.6550 E5 E6 E7 E8 E10 E11 E12
The left side of the calculator (green) is for trades going long, the right side of the
calculator (red) is for trades going short.
Identify a swing high and low on your chart and insert the High, Low, and Pip Spread
values in cells B4-B6. (Swings from 30 upwards provide the best trading opportunities.
The swing size is shown in cell E4.)
If you choose to enter a trade at the Fibonacci 50 retracement level and take your
profit at the 127 extension level, cells C14-19 (long trades) and C21-26 (short trades)
show you the point at which to set your entry order, your stop and limit.
If you choose to enter a trade at the Fibonacci 62 retracement level and take your
profit at the 127 extension, cells C21-26 (long trades) and E21-E26 (short trades) show
you the point at which to set your entry order, your stop and limit.
Also shown is the risk, the expected profit, and the risk/reward ratio (RR Ratio). The
higher the RR Ratio the better the trading opportunity.
Note: The stop is usually set just above/below the swing high or low,
(depending on whether the trade is long or short).
It may be adjusted according to your own judgment.
The value shown is a suggested value for a good risk reward ratio.
469-0009964
FIBONACCI CALCULATOR
The left side of the calculator (green) is for trades going long, the right side of the
calculator (red) is for trades going short.
Identify a swing high and low on your chart and insert the High, Low, and Pip Spread
values in cells B4-B6. (Swings from 30 upwards provide the best trading opportunities.
The swing size is shown in cell E4.)
If you choose to enter a trade at the Fibonacci 50 retracement level and take your
profit at the 127 extension level, cells C14-19 (long trades) and C21-26 (short trades)
show you the point at which to set your entry order, your stop and limit.
If you choose to enter a trade at the Fibonacci 62 retracement level and take your
profit at the 127 extension, cells C21-26 (long trades) and E21-E26 (short trades) show
you the point at which to set your entry order, your stop and limit.
Also shown is the risk, the expected profit, and the risk/reward ratio (RR Ratio). The
higher the RR Ratio the better the trading opportunity.
Note: The stop is usually set just above/below the swing high or low,
(depending on whether the trade is long or short).
It may be adjusted according to your own judgment.
The value shown is a suggested value for a good risk reward ratio.
LU262 ROUND(C4+(E4*2.618),4) E5=LD79
LU162 ROUND(C4+(E4*1.618),4) E6=LD62
C7 LU127 ROUND(C4+(E4*1.27),4) E7=LD50
E8=LD38
LU38 ROUND(B4-(E4*0.382),4)
C10 LU50 ROUND(B4-(E4*0.5),4) E10=LD127
C11 LU62 ROUND(B4-(E4*0.618),4) E11=LD162
C12 LU79 ROUND(B4-(E4*0.786),4) E12=LD262
L5DEntry=Round(E7,4) L5Entry=ROUND(C10+(D4/10000),4)
L5DStop=Round(((E5+0.0005)+(D4/10000)),4) L5Stop=ROUND(((C12-0.0005)-(D4/10000)),4)
L5DLimit=Round(((E10+0.0003)+(D4/10000)),4)L5Limit=ROUND(C7-0.0003,4)
L5DRisk=Round(E15-E14,4) L5Risk=ROUND(C14-C15,4)
L5DProfit=Round(E14-E16,4) L5Profit=ROUND(C16-C14,4)
L5DRR=Round(E18/E17*100,4) L5RR=ROUND(C18/C17*100,4)
L6DEntry=Round(E6,4) L6Entry=ROUND(C11+(D4/10000),4)
L6DStop=Round(((B4+0.0003)+(D4/10000)),4) L6Stop=ROUND(((C4-0.0003)-(D4/10000)),4)
L6DLimit=Round(((E10+0.0003)+D4/10000),4) L6Limit=ROUND(C7-0.0003,4)
L6DRisk=Round(E22-E21,4) L6Risk=ROUND(C21-C22,4)
L6DProfit=Round(E21-E23,4) L6Profit=ROUND(C23-C21,4)
L6DRR=Round(E25/E24*100,4) L6RR=ROUND(C25/C24*100,4)