ClearPath Trader

Fibonacci Fan

Trend lines from a swing through Fibonacci ratios, creating angled support/resistance rays.

Category: Drawing · Complexity: ★★★★☆ (4/5)

Tags: drawing, study-card, price

Study card — educational illustration only (no live overlay in Charts).

Fibonacci Fan chart illustration

Formula

Fibonacci Fan is computed from price, volume, breadth, or macro prints depending on class (Drawing). See the description for the defining inputs.

How to read

Read Fibonacci Fan as a labeling tool: it describes a condition (trend, stretch, participation, or macro). Confirm with price structure, not the indicator alone. This entry is a study card — not every encyclopedia model has a live chart overlay.

Limitations

Fibonacci Fan can lag, repaint (some drawings), or stay extreme in trends. It is not financial advice and not a broker signal.

Typical settings

Use the author's original defaults first; change one parameter at a time.

Fibonacci Fan is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.

Browse the full indicator directory →