A large-scale Forex testing initiative involving over 100,000 market moves has expanded the application of Fibonacci analysis beyond traditional retracements. By utilizing a Python and MetaTrader 5 pipeline, the study measures both price and time ratios between pivot points, employing statistical validation rather than visual chart fitting. The analysis identifies significant swings through noise filtering and reversal logic, matching adjacent-move relationships using tolerance bands.
The results indicate frequent clustering of price ratios near 0.618, 0.382, and 0.236, alongside non-random Fibonacci-like time durations such as 2, 3, and 5 hours. The most compelling finding is the concept of "time resonance," where price and time ratios align at the same pivot point, enhancing forecast confidence to approximately 85-90% and achieving a 72% hit rate on high-probability setups across various currency pairs and timeframes.
Forex Testing Reveals Enhanced Fibonacci Strategy with High Forecast Confidence
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