Fibonacci Calculator

Fibonacci Calculator

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Finance | 1.9MB | Update: 2018-07-25 | Version: 0.0.2 | Requires: Android4.0 or later

Price: $0
Explanation
Description

There's no denying the fact that 30,000+ users downloaded Fibonacci Calculator latest version on 9Apps for free every week! It works great even on 2G. This hot app was released on 2016-10-16. 9Apps believe you can enjoy yourself in this funny app.
This tool allows you to generate basic Fibonacci retracement 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.
Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century. However, Fibonacci's sequence of numbers is not as important as the mathematical relationships, expressed as ratios, between the numbers in the series. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels.
I guess you don't know. This top Finance app is just 1.9M. When running in the background, basically it does not take up much RAM. 9Apps also provides other hot Finance apps(games) for android mobile phone. Discover the most popular Android applications on 9Apps.

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