# Fibonacci time projection calculator

This is the simple fibonacci calculator for technical analysis - enter your data and calculate the retracement and extension (projection) levels - define targets for your trading. Also, you may simply open our stock chart and analyze the fibonacci levels for any stock and or index on any time-frame.

Time projection is a drawing tool with a calculation function. Time projection then extends the distance between the two anchor points in the time line with a number of vertical lines.

Fibonacci calculator price retracement price expansion price projection 261.

Com how to use fibonacci menu item to make time retracement and time parallel projections.

there are two equal tools where we use for the fibonacci projections 1. It is misleading at the beginning, but i am going to explain the main differences so that you can make a good understanding of the subject.

fibonacci time zones are a set of vertical lines that are used to determine considerable price changes, increase or decrease, at the point where the vertical lines are drawn.

Fibonacci time zones provide a cross between cycle analysis and fibonacci analysis. Both have a wide following and turning points can be forecast weeks and months in advance. However, these forecast points serve as alerts for potential trend reversals.

hi there, i noticed that mt4 offers the fibonacci time zones indicator, but it only allows you to choose two points to make the calculation. I was reading a book that uses the fibo time projection too (which uses three anchor points to make the calculation).

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