Description
Fibonacci Trader Provides Instant Identification of Key Retracement Points
Traders have used Fibonacci analysis for many years to predict key reversals in all types of markets, including futures, stocks, indexes and ETFs. Scores of articles have been written on the propensity of charts to react to these levels.
Fibonacci Trader provides an easy to use package that automates advanced Fibonacci analysis in OmniTrader. There are 2 different ways to use it – as a visual reference using the HRI Indicator, or as a signal generator using the new strategies. Both approaches are extremely powerful.