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High Probability Trading Free

Chris Werner

  • Platform: iOS
  • App ID: 575450754
  • Price: Free
  • Category: Finance
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Publisher: Chris Werner
Number of Apps: 26, including

  • Stock Price Calculator Free
  • High Probability Trading Free
  • Trade Expectancy Calculator Free
  • Instant Stock Market Simulator Free
  • Technical Charting Free
Latest Update/Release: 36525 days ago


A popular form of technical analysis is the use Fibonacci price retracements for determining trend changes. Finding the Fibonacci retracements often requires the drawing of a line between two or more points on the chart, in some cases between high point, low points or low to high points. The points chosen are usually subject to interpretation and difficult to understand and hard to relate to the actual stock trade. The High Probability Fibonacci Trading app finds and identifies the Pivot, Resistance and Support points, predicts the gain and trade probability and specifies the market entry and exit prices. Using the Fibonacci series, up to four pivot points are located and analyzed for trend, gain and probability using Werner Pivot Points. Werner Pivot Points are derived from the linear regression of the stocks pivot points following the Fibonacci series using the least squares method. Because multiple points are used, the trend and direction is accurately computed. Conventional pivot points only use the average prices from the previous day and offer very little information. FEATURES Fibonacci series price retracements Werner Pivot Points Computes Buy and Sell prices Computes potential gain and hold time Linear regression of pivot point series Trade probability


Rating 1.0

Based on 5 ratings

Last Update

Last Update 1.2

Released January 31, 2013

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