Fibonacci Trader has the “High Probability Fibonacci Zone Analysis” and the “Zone Analysis” (John Jackson) built in:
On any chart where the OWN period is “intraday” and the NEXT period is “daily” you can have the probability zones percentages on your screen.
Note that you do not need to buy tables from us, the program will do all the calculations by itself based on your daily data.
It is very important to look at the “# DAILY BARS” number. That number is the number of daily bars that the program is using to create all the statistics for the zones. A low number of bars will give statistically invalid information. Therefore, it is strongly recommended that you have at least 1000 daily bars in your data file.
How to use these zones is explained on the Fibonacci Trader Journal # 14
More Information on High Probability Fibonacci Zones
More Information on Jackson Zones
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January 07, 2015
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