TradingView
Prober7314
Jan 19, 2024 9:57 PM

recalibrated Fib tool as standard deviation model 

CORUS ENTERTAINMENT INCTSX

Description

I dumped all the default values and only use 5 of them: 0 .15865 .50 .84135 and 1.
now when you stretch this over any desired range you get some amazing insites to the upside or down side. example stocks always whiplash us out and do crossovers, so adjust fib tool such that the crossover range is lined up from 0 to .15865, in doing so you paint out the payday the market wants for the risk it took on the crossover.....happy trading
More