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Indicators: Fibo Moving Average

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MetaQuotes Software Corp.
Moderator
181050
MetaQuotes Software Corp. 2011.07.15 13:15 

Fibo Moving Average:

Calculates the Moving average indicator based on Fibonacci value.

Author: Leonid Basis

Brian Dee - Random Trader
1759
Brian Dee - Random Trader 2011.07.15 13:20  

Nice job BF :)

IMHO this is unusual in that shorter timeframes seem better than longer with this indi?

-BB-

Leonid Basis
21308
Leonid Basis 2011.07.16 15:15  
BarrowBoy:

Nice job BF :)

IMHO this is unusual in that shorter timeframes seem better than longer with this indi?

-BB-


Thanks.

Leonid Basis
21308
Leonid Basis 2011.07.16 15:15  
BarrowBoy:

Nice job BF :)

IMHO this is unusual in that shorter timeframes seem better than longer with this indi?

-BB-


I add an input parameter "Numbers in the following integer sequence" to this indicator.

Now, anyone will be able to choose a "Period"

Leonid Basis
21308
Leonid Basis 2011.07.19 12:50  

In the 2B version I added the input parameter:

extern int FiboNumPeriod = 15;// Numbers in the following integer sequence;

MQL4 Comments
16319
MQL4 Comments 2012.04.29 20:28  

this an interesting one, i say it can be used on higher tfs as well... can you make it to work on 5 dp platforms pls?

also can you explain the code any more? where is the fibo code? and what is "period" you added to second version?

well done, i do think this is good, of course without saying you should use along side other indicators

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