@Mindset_BTC these are the Fibs Ratios
i am just wondering why the Fib tool can configured to any number in the Level settings, when its configured to any random number ist not Fibonacci relatad trading.
@Mindset_BTC sorry i really dont want to upset you, I am only trying to understand, i am not a Mathematics Crack, after reading a Book about Fibonacci Trading i am trading and backtesting the common Fib Ratios for hundreds of Hours, and there work great,
@Mindset_BTC i have no doubt that this Levels can work for you, but why call it Fib Levels ? 0.28 is not a Fibonacci ratio as i know, correct me with a source please if im wrong.
@Mindset_BTC Thanks, i know the Backround, i read a book from a Fibonacci Trader, and as i said the only real Fibonacci Ratio you are using in the Fib Retracement Tool is 0.618, why are you using for example 0.27 ? its not a Fib Ratio like 0.236, or why you are using 0.79 instead of 0.786 ?