Fibo averages indicator

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Fibo averages indicator

Postby Alexander.Gettinger » Tue Jul 19, 2011 2:42 am

Formulas:
Fibo is a average of [FiboCount] prices with fibo shift. For example, if [FiboCount]=8 Fibo[i]=(Price[i]+Price[i-1]+Price[i-1]+Price[i-2]+Price[i-3]+Price[i-5]+Price[i-8]+Price[i-13])/8.
MA is a average of Fibo.

Fibo_Averages.png


Download:
FiboAverages.lua
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For this indicator must be installed AVERAGES indicator (http://www.fxcodebase.com/code/viewtopi ... =17&t=2430).

MT4/MQ4 version.
viewtopic.php?f=38&t=64531

The indicator was revised and updated
Alexander.Gettinger
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Re: Fibo averages indicator

Postby Apprentice » Thu Mar 16, 2017 5:26 am

Indicator was revised and updated.
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Apprentice
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