Fibonacci Vortex

The Fibonacci Vortex is a relatively new trading and charting tool. Simmilar to the Fibo retracement, timeline, fan and arch it deals with the Fibonacci ratios. Interestingly though, it is based on plotting of the actual Fibonacci spirals directly on the price charts, as in the example above.

For the purpose of predicting future price movements the Fibonacci Vortex is first centered at the recent major peak then it is scaled and rotated to fit the chart and the given price action.
There is a very cool charting software that makes it quite easy to use: Wave59
Besides the Fibonacci Vortex it also contains a number of other cutting edge trading tools and indicators and is free to try out for one month.

This tool is not only very accurate but perfect for online trading of stocks, futures and forex alike.