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Special Techniques
  Fibonacci Clusters
Ingenious MA
Custom Bars
Fibonacci Clusters
Jurik Indicators
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Using Fibonacci Clusters you can determine the probability of a trend reversal for each price level. Fibonacci Clusters indicate the price level on which a potential change in the trend may occur. The stronger the cluster, the greater the likelihood that the price level is a support or resistance level for the current trend.

Fibonacci Clusters were not designed to be used alone. They should be used as a confirming technical analysis indicator or to determine where a change in a trend may potentially happen.

Fibonacci Clusters are calculated using the following procedure
the price range of a security is divided into a specified number of sub-ranges (clusters). After that, Tradecision uses all pivots (minor, intermediate and major) to form all possible Fibonacci Levels (Retracements and Extensions). The more Fibonacci Levels are assigned to a cluster, the stronger the cluster is.
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