QScript Library

snap_spirals

Author: Kurt Hulse Contact: kurt.hulse.personal@gmail.com	Download this Script
Posting Date: 5/22/2014	Download Count: 58
Category: Drawing Tool	Rating: (2 votes) Click here to Rate this Script

Summary:
This tool produces spirals similar to the Fibonacci Vortex. It is meant for use with
squared charts.

This tool produces spirals very similar to (but not exactly the same as) Earik Beann's
Fibonacci Vortex. It is meant for use with properly squared charts.

There are five hotspots. Place the first three on consecutive high-low-high or low-
high-low price extremes. The tool will automatically "snap" to the high or low that's
near each hotspot.

Then place two additional hotspots somewhere on the chart, away from the price
bars. These produce a "control panel" that allows you to select among the various
solutions for the spirals.

Helpful hints:

(1) The program offers eight solutions for the spirals, although there

can be duplicate solutions. It's usually good to examine at least the first three to

decide which one is working.

(2) If any of the hotspots gets pushed beyond the boundary of the chart, the tool

disappears. Just resize the chart to make it come back.

(3) When it's time to reposition the spirals, you can just take the "oldest" of the
high/low hotspots and move it forward to the new high/low bar. The script figures
it out and re-numbers the hotspots internally.

BTW, I am not a programmer. All my training in this kind of thing came from a junior-
high-school class in Basic (on the TRS-80) in 1979. If you have improvements to
suggest, please feel free to contact me. -Kurt

The following Updates and Enhancements have been posted:
6/17/2014	snap_sprials v2	This is an update to Kurts awesome snap_sprials script that solves for either spokes or spirals on points 1 and 2.

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