High Probability Trading Free app for iPhone and iPad
Developer: Chris Werner
First release : 08 Nov 2012
App size: 794.33 Kb
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.
FEATURES
Fibonacci series price retracements
Werner Pivot Points
Computes Buy and Sell prices
Computes potential gain and hold time
Linear regression of pivot point series
Trade probability
Latest reviews of High Probability Trading Free app for iPhone and iPad
any input is answered by the prompt no network availlable. Nonsense !
Easy to use and simple. Great format!
Please dont download this apps..
This app has no function whatsoever you cant even try it out. its basically just wasted my time thanks
It really is bad. Amateurish in in appearance and nothing works. Type in a well known stock symbol like F and all you get is a message stating "unsupported exchange". Tupe the button that says "Watch a demonstration video" and nothing happens. This is a completely non functional app and should be discontinued.