ProTrader - NEXGEN Software Systems

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How to Set up the Fibonacci ToolHow to do this manually in Tradestation or any other platform your using such asMultiCharts you will need to select the tool from the drawing menu.Then you must format your Fibonacci tool in your platform to have the ratios that youwish to use in your analysis of the market. Below you will see a typical setup using themost common ratios. You may change colors and lines to your personal preferences.The Fibonacci tool is then applied to the charts by dragging and dropping the tool fromyour starting and ending pivots that you wish to analyze.
Fibonacci Projections and Retracements DefinedThere are 4 main Fibonacci projections that we use in our software:1. Extensions- take the range from pivot #1 to pivot #2 multiply that distance by aFibonacci number, add the two numbers together and it will give projections intothe future where a possible turning point could be.2. Expansions- take the range from pivot #2 to pivot #3 multiply that distance by aFibonacci number, add the two numbers together and it will give projections intothe future where a possible turning point could be.
Page 1: TOMORROW'S TRADING TECHNOLOGY100% a
Page 8 and 9: 3. Alternates- take the range from
Page 10 and 11: Once we make a bottom and the short
Page 12: Now we are going to use the GREEN 1
Page 15 and 16: Then we will take the distance from
Page 17 and 18: Now that we know where are key area
Page 19 and 20: The T-3 Fibs ProTrader will also gi
Page 21 and 22: Strong Macd Reaction to a Key Area
Page 23 and 24: Example of Fib Momentum Trade ES Sh
Page 25 and 26: Example of ER2 Trend Trade Short
Page 29 and 30: In Summation:• Fibonacci gives us

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