MTS Institute / Fibonacci retracement calculator
Fibonacci retracement calculator
Enter swing high and swing low to get the main retracement levels for an uptrend and a downtrend.
How it works
In an uptrend, a retracement level = high minus (high minus low) × ratio. In a downtrend, level = low plus (high minus low) × ratio. The common ratios are 23.6, 38.2, 50, 61.8 and 78.6 percent.
Test any Fibonacci rule on past data before you trade it.
Questions
What are Fibonacci retracements?
They are price levels where a move may pause or reverse, based on ratios from the Fibonacci sequence.
Which level is most watched?
The 61.8 percent level is the most watched, followed by 50 and 38.2 percent.
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