Your pivot
calculator

To a trader, a pivot is a significant price level,
similar to an inflection point, where they expect
price to either continue in the current direction or
reverse course.

Pivot points are calculated using the high, low, and
closing prices from previous trading sessions and
are used to forecast support and resistance levels
for the current or upcoming session.

Your position size
calculator

The size of a position within a portfolio, or the dollar
amount that an investor will trade, is referred to as
position size. Position sizing is used by traders to
determine how many units of a security they can trade
in order to control risk and maximize returns.

You must calculate position size because if your stop
losses are too far apart from your entry point, you risk
losing a lot of money before realizing that prices may
not recover quickly. A trade's ideal position size is
calculated by dividing the amount at risk or the account
risk limit by the trade risk.

Your fibonacci
calculator

What is fibonacci in trading?

Fibonacci is a number series in which a number is found
by adding two numbers before it. Fibonacci ratios, such
as 61.8 percent, 38.2 percent, and 23.6 percent, are
frequently used on charts. When a stock, for example,
moves sharply upward or downward, it tends to retrace
its steps before making the next move.

Why do we need to calculate fibonacci in trading?

Using the fibonacci calculator helps you to draw support
and resistance lines, as well as to place stop-loss orders
and set target prices. Fibonacci ratios can even be used
as the main mechanism in a counter trend trading
strategy. It demonstrates how much of a previous move
the price has retraced. The previous trend is likely to
continue in the same direction.