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 in the trend's direction (above the central level in an uptrend, below it in a downtrend). Momentum is extending with the trend.
• Cross prints: a significant deviation against the trend (below the central level in an uptrend, above it in a downtrend).
• Central level direction: above its previous value reads as an uptrend, below it as a downtrend, the tool's own trend filter.
• B / S labels: once deviations exceed the user-set Sequence Length, the central level snaps to the current close and a B (level moved up) or S (level moved down) label marks the breakout; 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?