Golden-Ratio Cubes Projected from a Selected Price Bar
Summary
This overlay indicator constructs a time-price spiral of linked square-like segments from a selected bar's high-low range. It generates Fibonacci-number-based segment lengths and uses a sequence of angle-derived proportions to place small markers along the paths. The user can choose whether the anchor uses wick extremes or candle bodies, select a resolution and bars-back offset, and adjust the spiral's extent, start and end loops, orientation, mirroring, colors, and line extension.
The display is a geometric projection tool rather than a defined entry or exit strategy: the document gives no trading rules, market rationale, or performance evidence connecting the projected lines to price behavior. The bars-back setting explicitly notes that a zero offset repaints, so historical appearance can depend on the chosen anchor and settings. Traders considering it as a support, resistance, or timing aid would need to define and independently test those uses; the script itself does not establish predictive value.
Key ideas
- The indicator scales a time-price spiral from a chosen bar's price range and chart interval.
- Segment lengths follow a Fibonacci sequence, while marker placement uses fixed angle-derived proportions.
- Inputs control the anchor data, resolution, bars-back offset, spiral depth, mirroring, and line display.
- The document offers no entry rules or evidence that the geometry predicts price movement.
- A zero bars-back setting is identified as repainting, making the anchor choice relevant to interpretation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.