Ankle magnets can be in the form of comforting wraps, and even in the most stylish of ankle bracelets. These products can assist in the relief of arthritis, carpal tunnel, rheumatism, fibromyalgia, and tendonitis. Magnetic therapy helps promote good health and is not limited to pain relaxants. The complication of poor circulation, lymph flow, hormone production, nerves and muscles have a good chance of being sustained using magnets.