Fibonacci Leonardo Fibonacci of Pisa was an Italian mathematician responsible for the series 1, 1, 2, 3, 5, 8, 13, 21, ... These numbers, called the Fibonacci series, are often found in nature. Each number is the sum of the previous two numbers. In many applications, including stock trading, people do not use Fibonacci numbers directly. Traders typically use the golden ratio. One way to compute the golden ratio is to divide a large Fibonacci number by an adjacent number from the series. This ratio, like the Fibonacci series, is commonly found in nature. If we were to use the precise mathematical terminology, we would say that people trade using "The Golden Ratio", but instead we will use the term "Fibonacci" as this term is common with traders. The most common way traders use Fibonacci is to look for Fibonacci retracements. Trade-Ideas offers several alerts which report Fibonacci retracements and similar patterns.
Alert Types
We offer the following alert types which are related to this topic.
Click on the icon for a detailed description of the alert, or
click on the "more" link for additional examples of each type of alert.
| Type |
Recent Examples |
More Examples |
| Time (NY) |
Symbol |
Message |
 | May 16th, 6:43:17 PM | DRRX | 75% pullback from lows. | more |  | May 16th, 6:14:59 PM | LINE | 25% pullback from lows. | more |  | May 16th, 6:43:27 PM | PDO | 75% pullback from highs. | more |  | May 16th, 6:56:37 PM | PKG | 25% pullback from highs. | more |  | May 16th, 6:43:27 PM | PDO | Fibonacci buy signal. Retraced 38.1966% from resistance (17.23) back to support (12.49). Started 1 day 4 hours ago. | more |  | May 16th, 6:41:07 PM | PKG | Fibonacci sell signal. Retraced 38.1966% from support (24.59) back to resistance (24.79). Started 3 hours 3 minutes ago. | more |  | May 16th, 6:44:37 PM | PDO | Fibonacci buy signal. Retraced 50% from resistance (17.23) back to support (13.062). Started 1 day 3 hours ago. | more |  | May 16th, 6:44:38 PM | CFX | Fibonacci sell signal. Retraced 50% from support (23.69) back to resistance (24.50). Started 10 hours 45 minutes ago. | more |  | May 16th, 6:59:09 PM | BBI | Fibonacci buy signal. Retraced 61.8034% from resistance (3.25) back to support (3.049). Started 1 day 3 hours ago. | more |  | May 16th, 6:44:34 PM | IP | Fibonacci sell signal. Retraced 61.8034% from support (27.82) back to resistance (28.25). Started 8 hours 14 minutes ago. | more |  | May 16th, 6:54:42 PM | BBI | Fibonacci buy signal. Retraced 78.6151% from resistance (3.25) back to support (3.049). Started 1 day 3 hours ago. | more |  | May 16th, 6:54:40 PM | USS | Fibonacci sell signal. Retraced 78.6151% from support (8.35) back to resistance (8.44). Started 3 hours 32 minutes ago. | more |
See Also
Alert,
Fibonacci Retracement,
Golden Ratio | | What is Trade-Ideas?
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