CHARTS
Most programs provide you with charts that are limited to one time frame. With the Fibonacci Trader all charts have the unique ability to view the market’s actions and all indicators in different time frames on the same screen.
Each chart has three time periods. The first is the time frame you are trading. It is called "Own". The next higher time frame, which sets the trend and other key information is called "Next". The highest time frame is called "Highest" and usually is referred to for the long term trends. Typical charts will be have the periods shown as Daily/Weekly/Monthly or for intraday, 10minute/50minute/Daily.
How might you use this? You could view the daily bars with your favorite moving average as well as plot the weekly moving average (calculated from Friday’s close to Friday’s close) on the same chart. You do not have to switch from a daily chart to a weekly chart. The best opportunities are found using Fibonacci Trader’s exclusive set of indicators. These unique indicators take full advantage of the powerful multiple time frame trading concept.
Trading any market carries a high level of risk, and may not be suitable for
all investors. The high degree of leverage can work against you as well as
for you. Before deciding to invest you should carefully consider your
investment objectives, level of experience, and risk appetite. The
possibility exists that you could sustain a loss of some or all of your
initial investment and therefore you should not invest money that you cannot
afford to lose. You should be aware of all the risks associated with
trading, and seek advice from an independent financial advisor if you have
any doubts.
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Copyright © 1996-2001 Fibonacci Trader. Last updated: May 10, 2007 . All names mentioned in this document are trademarks or registered trademarks of their respective owners.