Using a Frozen Fibonacci Spiral to Frame Confirmed Market Swings
Summary
This document explains a swing indicator that anchors an Archimedean spiral at the last confirmed pivot. Its structure changes when price makes a new high or low over a specified lookback; when direction flips, it places the pivot retroactively at the opposite extreme and freezes the recent range and leg length. Those values determine the spiral’s vertical size and horizontal reach until the next flip. The number of arms affects how densely the curve winds, while the radius scales its dimensions.
The indicator is presented as a visual ruler for comparing a live leg with recent market range, alongside a percentage move from the pivot. The document describes the spiral as a framing aid rather than an entry signal: its arms have no demonstrated relationship to price reactions. It provides construction details and parameter guidance, but no backtest or performance evidence. Results depend on the chosen structure length, radius, market, and timeframe; large radii can dominate the chart display.
Key ideas
- A pivot is confirmed only after a lookback high or low changes the structure state.
- The spiral’s geometry is fixed at a confirmed pivot and remains unchanged until the next state flip.
- The radius scales the spiral using recent price range and the length of the completed leg.
- The arm count changes the curve’s density without changing its overall dimensions.
- Swing percentage and recent range provide context, but spiral arms do not define entry signals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.