Fibonacci Progression with Breaks

Fibonacci Progression with Breaks measures how far price is willing to stretch. It anchors a central level, flags each significant deviation from it, then raises the requirement: the next deviation must clear a threshold scaled by the following Fibonacci sequence value, measured either in raw points or as a multiple of a 200-period ATR. The design is a progression-style take on Fib projection analysis: levels that expand with the move instead of waiting for it.

How to Trade the Fibonacci Progression with Breaks?

• Checkmark prints: price deviated significantly upward during an uptrend. Momentum is extending with the trend.
• Cross prints: the bearish counterpart: a significant downward deviation while the central level points lower.
• Central level direction: above its previous value reads as an uptrend, below it as a downtrend, the tool's own trend filter.
• Break label: once deviations exceed the user-set Sequence Length, a break marks the breakout, the central level snaps to the current close, and the Fibonacci multiplier resets to 1.
• Upper and lower extremities: plotted around the central level at the threshold distance, they behave as adaptive support and resistance.

Fibonacci Progression with Breaks Settings

• Method: "Manual" or "Atr", how the deviation distance is defined.
• Size: the deviation distance itself; direct points under Manual, an ATR multiplier under Atr.
• Sequence Length: the maximum number of significant deviations tracked before a break resets the progression.

Frequently Asked Questions

Why does each signal require a bigger move than the last?

What should I do when a break label appears?

Is Fibonacci Progression with Breaks free?