Article: Fibonacci Dividers

Fibonacci dividers are two rods joined with a pivot like a pair of scissors and pointed on both ends.   The pivot point is located at 61.8% of the length of the rods.  A pair of Fibonacci dividers can be made from a 10 inch dinner size plastic plate and 2 map pins.

1. Cut two strips from the plate, 7 inches long, and 3/4 inches wide.
2. Trim the 4 ends to have  V  shaped points.  Both strips are to be identical in length, width and shape.
3. Measure a strip's length, and mark the pivot point at  0.618 times the length.
4. Use a map pin as the pivot point axle.  Insert the pin at the pivot point to pin both strips together.
5. Snip off the pin point after it has been inserted at the point point.  Leave 1/8th inch length.
6. Cover the exposed end of the snipped pin axle with the ball removed from another map pin.  You will have a ball on each end of the pin axle.

Use the Fibonacci dividers to measure 61.8% relationships:

1. Measure the distance on a chart with the Wide end.
2. Turn the dividers over without changing the opening angle of the divider legs.
3. Use the Narrow end to measure the 61.8% distance.

Use the Fibonacci divider to measure 161.8% relationships:

1. Measure the distance on a chart with the Narrow end.
2. Turn the dividers over without changing the opening angle of the divider legs.
3. Use the Wide end to measure the 161.8% distance.

Fibonacci dividers are a convenient tool for measuring and projecting Fibonacci relationships.  The dividers can be used in the vertical direction on a chart to measure price relationships, or in the horizontal direction to measure time relationships.