Fibonacci Fan Indicator — what it is and how to read it
Indicators
Three sloping lines from the start of the leg through the 38.2% / 50% / 61.8% levels — showing both the level and the speed of a correction.
Screen it yourself
Pick this indicator in the Screening Wizard to list the BIST 100 stocks matching your own conditions.
Try it on a live chart →FAQ
- What is the Fibonacci Fan Indicator?
- Three sloping lines from the start of the leg through the 38.2% / 50% / 61.8% levels — showing both the level and the speed of a correction.
- How can I see the Fibonacci Fan Indicator on a live chart?
- Open StockFortuna → Markets → Chart Studio and pick it from the list; the pattern is detected automatically on real data.
Related
- EMA (choose periods)
- SMA (20/50/200)
- Bollinger
- VWAP (linked)
- Ichimoku Cloud
- SuperTrend
- Fibonacci (auto low↔high)
- Inverse Fibonacci (auto targets)
- Fibonacci Extension (1.272/1.618)
- Regression Channel
- Keltner Channel
- Donchian Channel (20)
For information and education only — not investment advice.