Fibonacci Calculator
Looking for a quick way to calculate Fibonacci retracements and extensions? Our free Fibonacci Calculator is designed for traders who want accurate levels without the hassle of manual calculations. Simply enter your swing points (A and B), and the tool instantly generates retracement and extension levels you can apply directly to your trading charts.
Whether you trade forex, stocks, or crypto, Fibonacci levels remain one of the most widely used methods to identify potential support, resistance, and profit targets. This calculator saves time, reduces human error, and provides clear results in a professional format—all completely free to use.
How to Use the Fibonacci Calculator
The Fibonacci Calculator helps traders quickly generate retracement and extension levels for any market. Follow these steps to make the most of the tool:
1. Select Your Swing Points
- Point A: The starting point of the move (swing low in an uptrend, swing high in a downtrend).
- Point B: The end point of the move (swing high in an uptrend, swing low in a downtrend).
Tip: Always use clear highs and lows from your trading chart to ensure reliable calculations.
2. Enter Your Values
- Input the price at Point A in the first field.
- Input the price at Point B in the second field.
- Press Calculate to instantly generate retracement and extension levels.
- Use the Reset button if you wish to clear the inputs and start again.
3. Read the Results
- Retracement Levels: Show potential areas where price may pull back before resuming the trend.
- Extension Levels: Show projected targets beyond Point B, often used for setting take-profits.
Each level is expressed as both a percentage and a price value for quick reference.
4. Apply to Your Trading
- In an uptrend, retracements help identify possible buy-the-dip opportunities, while extensions suggest profit-taking levels above Point B.
- In a downtrend, retracements highlight potential short-entry pullbacks, while extensions suggest downside targets below Point B.
5. Combine With Other Analysis
The calculator is a tool, not a signal generator. For stronger trade setups, combine Fibonacci levels with:
- Support and resistance zones
- Trendlines and moving averages
- Candlestick patterns
- Volume analysis
Best Practices
- Always double-check levels on your charting platform.
- Use multiple timeframes to confirm key Fibonacci zones.
- Avoid relying on Fibonacci alone—combine it with a broader trading plan.
Disclaimer
This calculator is provided for educational purposes only. It does not constitute financial advice. To the maximum extent permitted under UK law, Traders MBA and its contributors accept no liability for any losses, costs, or damages arising from use of this tool. Always verify results with your broker and conduct your own due diligence.
Frequently Asked Questions
The Fibonacci Calculator is a free tool designed to make technical trading simpler. While many traders understand the theory of Fibonacci retracements and extensions, applying them correctly can be confusing. This FAQ section covers the most common questions users have about Fibonacci levels and how this calculator works.
Whether you are new to trading or an experienced professional, these answers will help you understand the purpose of each feature, how to interpret the results, and how to use them effectively alongside your trading strategy.
1. What is the Fibonacci Calculator used for?
The Fibonacci Calculator is used to calculate retracement and extension levels in trading. These levels help traders identify potential support, resistance, and profit target zones.
2. How do I choose points A and B?
Point A is the swing low in an uptrend or swing high in a downtrend. Point B is the opposite end of the move (swing high in an uptrend, swing low in a downtrend).
3. What are retracement levels?
Retracement levels measure how far a price may pull back from Point B toward Point A before resuming the trend. They are often used for potential entry points.
4. What are extension levels?
Extension levels project potential price targets beyond Point B. Traders commonly use them to set profit targets once a trend resumes.
5. Do Fibonacci levels guarantee price movement?
No. Fibonacci levels are not guaranteed signals but potential zones where price may react. They should be combined with other analysis methods.
6. Which markets can I use this calculator for?
The calculator works for forex, stocks, indices, commodities, and cryptocurrencies—any market with price charts and swings.
7. What timeframes work best with Fibonacci?
Fibonacci works on all timeframes, but higher timeframes (daily, weekly) often give stronger levels than intraday charts.
8. Should I use Fibonacci alone for trading?
No. Fibonacci is best used in combination with other technical analysis tools like support/resistance, trendlines, and candlestick patterns.
9. Why are Fibonacci levels important to traders?
They help traders plan entries, exits, and stop-loss levels by highlighting areas where price is statistically more likely to react.
10. Is this tool free to use?
Yes. The Traders MBA Fibonacci Calculator is 100% free to use, with no sign-up required.