Fibonacci

[mpeng]

In order to apply Fibonacci levels to your charts, you’ll need to identify Swing High and Swing Low points.

A Swing High is a candlestick with at least two lower highs on both the left and right of itself.

A Swing Low is a candlestick with at least two higher lows on both the left and right of itself.

Can someone elaborate on what is swing high on both left and right.
Thank you.

[philipwa]

It means, like you want to create Fibonnaci retracement level ok.

So grab the Highest Candle stick of that month or week or what ever time frame you looking at.

And then click on it, and scroll it to the low candle which would be ofcourse somewhere in the past. And then you will see FIB Retracement % would come


This is the education section of the broker i am using
go to stifxonline.com and then education,
Check if you can find anything important there.
Or else simply contact there support guys, who can help you out.