What is the Formula of Fibonacci Retracement? I'm planning to put Fibonacci in SubWindow.

[Musngi]

What is the Formula of Fibonacci Retracement? I'm planning to put Fibonacci in SubWindow.

I searched fibonacci retracement formula in Google and MQL Forums but I haven't seen it yet.

[William Roeder]

1. (price - Lowest(n)) / (Highest(n) - Lowest(n))

[Keith Watford]

Range=High-low (100%)

eg. 23.6% retracement

Retracement = Range*23.6/100

if drawing from low to high, high - Retracement

if drawing from high to low, low + Retracement

[NaderJSA Jamali]

Keith Watford:

Range=High-low (100%)

eg. 23.6% retracement

Retracement = Range*23.6/100

if drawing from low to high, high - Retracement

if drawing from high to low, low + Retracement

The best answer. Good job Sir.