What is the fibonacci sequence
Most important fibonacci levels
Undoubtedly one of the most complex, widespread and effective forex indicators of all times, Fibonacci deserves a specific study, its correct use depends largely on the trader's ability to know how to set it correctly.
TIP: Before starting to use this indicator, it is advisable to study it in depth in the educational sections of brokers. One of the best is Capex, whose Academy offers courses and high quality informative material to all its users. Here is the link to access it:
The Fibonacci indicator is used for technical analysis in forex and other financial markets. It uses mathematical ratios derived from the Fibonacci sequence to determine support and resistance levels that can be used to identify possible price reversals.
It all started in the distant 13th century (1200 AD) when a mathematical genius, Leonardo Pisano Bogollo (called Fibonacci), identified a mathematical rule for establishing the correct proportions in space.
Como usar fibonacci en trading
La espiral de Fibonacci: una aproximación de la espiral áurea xerada debuxando arcos circulares conectando las esquinas opuestas de los cadrados axustados a los valores de la sucesión;[1] acaroando sucesivamente cadrados de lado 0, 1, 1, 2, 3, 5, 8, 13, 21 y 34.
) cando n tende a infinito; é máis, o cociente de dous termos sucesivos de toda sucesión recorrente de orde dous tende ao mesmo límite. Esta sucesión gozó de gran popularidad en el siglo XX, especialmente en el ámbito musical, donde compositores tan sonados como Béla Bartók, Olivier Messiaen, la banda Tool y Delia Derbyshire la utilizaron para crear acordes y nuevas estructuras de frases musicales.
La definición de la sucesión de Fibonacci es muy larga; es decir, se necesitan calcular varios términos anteriores para poder calcular un término específico. Pódese obtener una fórmula explícita de la sucesión de Fibonacci (que no requiere calcular términos anteriores) observando que las ecuaciones (1), (2) y (3) definen la relación de recorrido
Fibonacci trading book
A Fibonacci word is a specific sequence of binary digits (or two distinct symbols or two letters of any alphabet). It is formed by repeated concatenation, in the same way that the Fibonacci sequence is formed by the successive addition of the two preceding terms.[1]
A similar infinite word, sometimes called the rabbit sequence,[2] is generated by a similar infinite process with a different replacement rule: whenever the cursor points to a 0, add a 1, and whenever the cursor points to a 1, add the pair 0, 1. The resulting sequence starts with the form
Constructs based on the Fibonacci procedure are now used to model physical systems with aperiodic order such as quasicrystals, and in this context the Fibonacci word is also called a Fibonacci quasicrystal.(Bombieri and Taylor, 1986) Crystal growth techniques have been used to grow crystals in Fibonacci layers and study their light scattering properties.(Dharma-wardana et al., 1987).
Fibonacci levels trading
I am doing this function "Pentabonaci" which is almost the same as fibonaci but instead of calling n=f(n-1)+f(n-2) it does the same up to 5...(n=f(n-1)+f(n-2)+...+ f(n-5)) then it counts the amount of odd numbers in the sequence and returns this value.... The function works... the problem is that it is very slow... for ~45 of the sequence the console crashes... and my function should work for quite big numbers...
One of the features of recursion is that it allows you to write clean code and also allows you to execute complex tasks that would otherwise become quite tedious.
The memoization technique (not to be confused with memorization) is an optimization technique used to speed up processes when you have very heavy function calls. There are several areas in which it is used, not only in recursion.
We see a pattern that repeats every 6 elements starting with n=1. Therefore the way to count these odd elements is given by calculating the number of times 6 fits in n and the remainder by dividing n / 6.