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Fibonacci Expansions formula

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Paolo Borsa
18
Paolo Borsa 2016.04.21 20:19 
Hi everyone, after hours lost on google to seek this formula, I ask you.

I need the formula to calculate Fibonacci expansion, but using 3 points: A (swing low), B (swing high), C (retracement). One present in MT4 to speak.

If calculating the extension only using 2 points, the result is different and is not in line with what expected my strategy.

can anyone help me?
Damian Mateusz Dziadosz
5767
Damian Mateusz Dziadosz 2016.04.21 21:10  

161.8% expansion==> C+((b-a)*1.618)

Uptrend fibonacci   Retracement + ((Swing high-Swing low)*expansion percentage/100) 

Downtrend fibonacci Retracement-((Swing high - swing low)*expansion percentage/100) 

Paolo Borsa
18
Paolo Borsa 2016.04.21 22:05  
Damian Mateusz Dziadosz:

161.8% expansion==> C+((b-a)*1.618)

Uptrend fibonacci   Retracement + ((Swing high-Swing low)*expansion percentage/100) 

Downtrend fibonacci Retracement-((Swing high - swing low)*expansion percentage/100) 

Oh perfect! Many thanks.
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