Candlesticks, Fibonacci, and Chart Pattern Trading Tools : a synergistic Strategy to Enhance Profits and Reduce Risk

PHI-spiral.
Left-click on the 
Draw
speed button. The selected PHI-spiral will ap-
pear on the screen.
Once the PHI-spiral is
drawn on the price chart,
you can vary the 
Center
by clicking on the 
P1
but-
ton, placing a new point
with a left mouse click,
and then clicking on the
Draw
button. If you want
to change the 
Starting
point
of the PHI-spiral,
click on the 
P2
speed but-
ton, place a new point
with a left mouse click,
followed by left-clicking
the 
Draw
speed button.
The PHI-spiral must have the Fibonacci ratio of
1.618.
When you start
the f irst PHI-spiral, the default value of the Fibonacci ratio applied
may be different from 1.618. To change the ratio, if the 
Dir
button
points upward, pressing the 
Ratio 
button will increase the Fibonacci
ratio in the ratio box. If the 
Dir
button points downward, pressing the
Ratio
button will decrease the Fibonacci ratio in the ratio box.
bapp.qxd 6/17/03 7:56 AM Page 245

---

246
•
USER MANUAL WINPHI: GETTING STARTED
To change the rotation of the PHI-spiral, left-click on the 
Dir
button;
and the direction of the PHI-spiral will toggle between 
counter-
clockwise
rotation and
clockwise
rotation.
To save the PHI-spiral you have drawn on the chart, left-click on the
Clip
speed button, and the PHI-spiral will be saved on the screen. By
saving the PHI-spiral on the screen, you can overlay the f irst PHI-
spiral either with another PHI-spiral or with other Fibonacci trading
tools from the menu list.
If you have saved the f irst PHI-spiral by using the