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2010.04.20 10:52
Indicators

Fibonacci-based Moving Averages indicator - indicator for MetaTrader 4

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Description:

This indicator is EMAs drawn by Fibonacci numbers.

There are part1 and part2:
Part1-->EMA 34(High,Close,Low), 55, 89, 144, 200
Part2--->EMA 233, 377, 610, 987, 1598

http://ragheehorner.com/blog/?p=157

Images:

Figure 1. Fibonacci-based Moving Averages- Part 1

Figure 2. Fibonacci-based Moving Averages- Part 2



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