The Indigo Technical Indicator - A Primer

A throwback to a previous indicator I have created

The Indigo Indicator is a reversal tool designed to identify moments when price begins moving against an established directional structure.

It uses Fibonacci based lookback periods:

1, 2, 3, 5, 8, 13, 21, and 34.

These periods allow the indicator to compare the current price with progressively older market observations.