Been using this fib calculator for a few weeks now and it’s actually pretty solid. Way better than the clunky one I was stuck with before.
Anyone else notice how much faster trades setup when you have decent tools?
Manual drawing gives you better market feel but calculators save time when you’re managing multiple pairs. The key is using fibs as confirmation not signals. Price action at the 61.8% level means nothing without proper support or resistance context. Most traders get caught up in perfect retracement levels and miss the bigger picture. What timeframes are you running the calculator on?
Manual works better but calculators speed up multi pair setups.
Yeah good tools make a huge difference. I still draw mine manually most of the time but calculators are handy for quick setups.
This video breaks down the basics pretty well if anyone needs a refresher.
Totally agree on the speed factor. Used to spend way too much time plotting levels manually during London open.
The real game changer was when I started using calculators for the initial setup then switching to manual adjustments based on what price was actually doing. Saves probably 30 seconds per pair which adds up when you’re watching 6-8 pairs.
Just make sure whatever calculator you’re using lets you adjust the swing points easily. Found some that lock you into weird levels that don’t match actual market structure.