Fibonacci Grid

Fibonacci Grid projects support and resistance diagonally instead of horizontally. Every line is drawn at a precise 45-degree angle and positioned using Fibonacci ratios applied to the highest and lowest prices of a lookback window (or, for uniform structure, switched to equidistant spacing). The result is a lattice where price interacts with sloped levels whose values evolve bar by bar rather than sitting flat.

How to Trade the Fibonacci Grid?

• Individual diagonals: each line is a candidate support or resistance level; watch for price riding along a diagonal or rejecting it outright.
• Converging lines form channels: price tends to travel inside these corridors until a breakout, and the break itself can flag a shift in market conditions.
• Distance from the main diagonals: moves that stretch far from the orange main diagonals typically gravitate back toward the narrower channels, a built-in mean-reversion cue.
• Ratio versus equidistant spacing: Fibonacci spacing tightens the channels as they extend from the center of the lookback area; equidistant spacing keeps every gap uniform.

Fibonacci Grid Settings

• Length: the lookback used to find the maximum and minimum prices that frame the grid.
• Resolution: grid density when Fibonacci spacing is off. Higher values draw more lines.
• Use Fibonacci Ratios: positions the lines at six specific Fibonacci ratios instead of equal intervals.

Frequently Asked Questions

Can I combine Fibonacci and equidistant lines?

How is a diagonal grid different from standard retracements?

How do I get the Fibonacci Grid?