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| Origins of the Camarilla Equation
camarilla. cam·a·ril·la. A group of confidential, often scheming advisers; a cabal.[Spanish, diminutive of cámara, room, from Late Latin camera. See chamber.]...
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How to Calculate Camarilla Levels ?
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Camarilla Calculator produces 10 levels from yesterday's high, low and close. These levels are split into two groups, numbered 1 to 5. The pattern formed by the 10 levels is broadly symmetrical, and the most important levels are the 'S3', 'S4' and 'R3', 'R4' levels... |
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What is Fibonacci Series ?
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The pattern of the "numbers of life" is elegantly simple. In the Fibonacci sequence, every number (after the first two) is the sum of the two preceding numbers:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, and so on... |
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How to Calculate Fibonacci Levels ?
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The ratio seems to be settling down to a particular value, which we call the golden ratio or the golden number. It has a value of approximately 1·618034.
As we may observe from the Figure 2, the ratio f(n-1)/f(n) is 0,618033989... which is the reciprocal of the golden ratio... |
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