# Fibonacci Circles

> Draws Fibonacci circles between swing points or across daily time windows, with rings at Fibonacci ratios of the distance between them.

Updated: 2026-10-24T23:15:41.000Z · https://chartrider.com/docs/indicators/fibonacci-circles/

## What you see
Each circle has a centre and an anchor point. The ring labelled 1 passes exactly through the anchor; every other ring is the same shape scaled by its coefficient, from 0.236 to 11.09. A dashed grey trendline joins centre and anchor. Because time and price have different units, the rings are ellipses on screen and change shape when you zoom one axis.

## How it is computed
With centre (t0, p0) and the anchor Δt and Δp away from it, a point (t, p) lies on ring L when ((t − t0) / Δt)² + ((p − p0) / Δp)² = 2·L².

In **Auto** mode the indicator finds swing highs and lows on closed candles. Reversal mode confirms a high once price has fallen **Min. Swing %** below it (lows the other way round); Pivot Range Mode uses classic pivot highs and lows. Each confirmed swing becomes the centre of a new circle whose 1 ring runs through the previous swing. The dashed pending circle belongs to the swing still forming and follows the live price.

**Time Anchors** add circles for every UTC day, from the first to the last candle of each window, at their highs, lows or both.

## Reading it
Circles that span more time are drawn thicker. Hover a ring to highlight its circle; right-click it to pin a box with the centre and, for each visible ring, a time with the ring's upper and lower price at that time. Right-click again to release it. While the settings are open, a side panel shows a histogram of the circles' price radii.

**Parallel Paths** adds Path 2 and Path 3 with their own swing settings, and **Parallel Depth** connects each new swing to several earlier ones. The Levels section sets each ring's visibility, colour and line width.

## Settings

Open the settings with the slider icon next to the indicator (Indicators, `F3`). Numeric settings can be swept as Step 1 / Step 2 parameters when you run a strategy.

### Settings

| Setting | Type | Default | Description |
|---|---|---|---|
| Mode | Switch | Auto | Auto finds swings and draws circles between them. Manual turns swing detection off; time-anchored circles still appear. Manual / Auto. |
| Trendline | Switch | On | Dashed line from each centre to its anchor. Off / On. |
| Show Labels | Switch | On | Coefficient next to each ring of confirmed circles. Off / On. |
| Coefficients as Percent | Switch | Value | Labels as percent (61.8%) instead of the coefficient (0.618). Value / %. |
| Show Pending Circle | Switch | On | Dashed circle of the swing that is still forming (Auto mode). Off / On. |
| Semicircle Mode | Switch | Off | Draws only the part of each ring to the right of the point where its swing was confirmed. Off / On. |
| Parallel Paths | Switch | Off | Enables Path 2, Path 3 and the Parallel Depth settings. Off / On. |
| Show Swing Circles | Switch | On | Off hides the swing circles and keeps only the time-anchored ones. Off / On. |
| Opacity | Slider | `1` | Transparency of all circles; a highlighted circle is drawn brighter. |

### Auto Mode

| Setting | Type | Default | Description |
|---|---|---|---|
| Pivot Range Mode | Switch | off | Off: reversal mode (Min. Swing %, Min. Swing Bars). On: pivot mode (Pivot Left Bars, Pivot Right Bars). |
| Pivot Left Bars | Number | `5` | Candles before a pivot whose highs (pivot high) or lows (pivot low) it must exceed. |
| Pivot Right Bars | Number | `5` | Candles after the pivot; the swing is confirmed this many candles later. |
| Min. Swing % (Reversal Mode) | Number | `1` | Reversal in percent that confirms the last high or low. |
| Min. Swing Bars (Reversal Mode) | Number | `3` | Minimum length of a swing; shorter swings get no circle. |
| Max Circles | Number | `100` | Maximum number of circles of this path; the oldest is removed first. |
| Parallel Depth | Number | `2` | With Parallel Paths on: how many earlier swings each new swing connects to. |

### Path 2

| Setting | Type | Default | Description |
|---|---|---|---|
| Enabled | Switch | Off | Turns Path 2 on (needs Parallel Paths). Its settings work like those under Auto Mode. Off / On. |
| Pivot Range Mode | Switch | off | Swing mode of Path 2, as under Auto Mode. |
| Pivot Left Bars | Number | `10` | Pivot Left Bars of Path 2. |
| Pivot Right Bars | Number | `10` | Pivot Right Bars of Path 2. |
| Min. Swing % (Reversal Mode) | Number | `2` | Min. Swing % of Path 2. |
| Min. Swing Bars (Reversal) | Number | `5` | Min. Swing Bars of Path 2. |
| Max Circles | Number | `100` | Maximum number of circles of Path 2. |
| Parallel Depth | Number | `2` | Parallel Depth of Path 2. |

### Path 3

| Setting | Type | Default | Description |
|---|---|---|---|
| Enabled | Switch | Off | Turns Path 3 on (needs Parallel Paths). Its settings work like those under Auto Mode. Off / On. |
| Pivot Range Mode | Switch | off | Swing mode of Path 3, as under Auto Mode. |
| Pivot Left Bars | Number | `20` | Pivot Left Bars of Path 3. |
| Pivot Right Bars | Number | `20` | Pivot Right Bars of Path 3. |
| Min. Swing % (Reversal Mode) | Number | `3` | Min. Swing % of Path 3. |
| Min. Swing Bars (Reversal) | Number | `8` | Min. Swing Bars of Path 3. |
| Max Circles | Number | `100` | Maximum number of circles of Path 3. |
| Parallel Depth | Number | `2` | Parallel Depth of Path 3. |

### Time Anchors

| Setting | Type | Default | Description |
|---|---|---|---|
| Time Anchors | Switch | Off | Adds circles for the time windows below, every UTC day, regardless of Mode. Off / On. |
| Window 1 Start (UTC) | Time | 00:00 | Start of window 1 in UTC. |
| Window 1 End (UTC) | Time | 04:00 | End of window 1 in UTC; must be later than the start on the same day. |
| Anchor at High | Switch | On | Circle from the high of the first candle in the window to the high of the last one. Off / On. |
| Anchor at Low | Switch | On | Circle from the low of the first candle in the window to the low of the last one. Off / On. |
| Window 2 | Switch | Off | Adds a second window with its own times and anchors. Off / On. |
| Window 2 Start (UTC) | Time | 08:00 | Start of window 2 in UTC. |
| Window 2 End (UTC) | Time | 12:00 | End of window 2 in UTC. |
| Anchor at High | Switch | On | As Anchor at High, for window 2. Off / On. |
| Anchor at Low | Switch | On | As Anchor at Low, for window 2. Off / On. |

### Levels

| Setting | Type | Default | Description |
|---|---|---|---|
| 0.236 | Switch | on | Shows the 0.236 ring. |
| Level 0.236 color | Color | `#e84545` | Colour of the 0.236 ring. |
| Level 0.236 line width | Number | `1` | Line width of the 0.236 ring. |
| 25% | Switch | on | Shows the 0.25 ring. |
| Level 0.25 color | Color | `#bbbbbbaa` | Colour of the 0.25 ring. |
| Level 0.25 line width | Number | `1` | Line width of the 0.25 ring. |
| 0.382 | Switch | on | Shows the 0.382 ring. |
| Level 0.382 color | Color | `#f5a623` | Colour of the 0.382 ring. |
| Level 0.382 line width | Number | `1` | Line width of the 0.382 ring. |
| 0.5 | Switch | on | Shows the 0.5 ring. |
| Level 0.5 color | Color | `#1abc9c` | Colour of the 0.5 ring. |
| Level 0.5 line width | Number | `1` | Line width of the 0.5 ring. |
| 0.618 | Switch | on | Shows the 0.618 ring. |
| Level 0.618 color | Color | `#2ecc71` | Colour of the 0.618 ring. |
| Level 0.618 line width | Number | `1` | Line width of the 0.618 ring. |
| 75% | Switch | on | Shows the 0.75 ring. |
| Level 0.75 color | Color | `#bbbbbbaa` | Colour of the 0.75 ring. |
| Level 0.75 line width | Number | `1` | Line width of the 0.75 ring. |
| 0.786 | Switch | on | Shows the 0.786 ring. |
| Level 0.786 color | Color | `#00bcd4` | Colour of the 0.786 ring. |
| Level 0.786 line width | Number | `1` | Line width of the 0.786 ring. |
| 1 | Switch | on | Shows the 1 ring. |
| Level 1 color | Color | `#9e9e9e` | Colour of the 1 ring. |
| Level 1 line width | Number | `1` | Line width of the 1 ring. |
| 1.618 | Switch | on | Shows the 1.618 ring. |
| Level 1.618 color | Color | `#2980b9` | Colour of the 1.618 ring. |
| Level 1.618 line width | Number | `1` | Line width of the 1.618 ring. |
| 2.618 | Switch | on | Shows the 2.618 ring. |
| Level 2.618 color | Color | `#e91e8c` | Colour of the 2.618 ring. |
| Level 2.618 line width | Number | `1` | Line width of the 2.618 ring. |
| 3.618 | Switch | on | Shows the 3.618 ring. |
| Level 3.618 color | Color | `#2980b9` | Colour of the 3.618 ring. |
| Level 3.618 line width | Number | `1` | Line width of the 3.618 ring. |
| 4.236 | Switch | on | Shows the 4.236 ring. |
| Level 4.236 color | Color | `#e91e8c` | Colour of the 4.236 ring. |
| Level 4.236 line width | Number | `1` | Line width of the 4.236 ring. |
| 4.618 | Switch | on | Shows the 4.618 ring. |
| Level 4.618 color | Color | `#e84545` | Colour of the 4.618 ring. |
| Level 4.618 line width | Number | `1` | Line width of the 4.618 ring. |
| 6.854 | Switch | on | Shows the 6.854 ring. |
| Level 6.854 color | Color | `#9b59b6` | Colour of the 6.854 ring. |
| Level 6.854 line width | Number | `1` | Line width of the 6.854 ring. |
| 11.09 | Switch | on | Shows the 11.09 ring. |
| Level 11.09 color | Color | `#1abc9c` | Colour of the 11.09 ring. |
| Level 11.09 line width | Number | `1` | Line width of the 11.09 ring. |

## Outputs

This indicator draws on the chart only – it has no values for Trade Setup gates or `use indicator`.