Ma and Fibo channel
MA and Fibo channels were made using moving average and Fibonacci. This indicator has 8 channels. These channel lines determine direction using moving average and Fibonacci averaging.
The best time to trade is when the price goes out of the channel. The price will definitely turn into the channel. When the price reaches the red channel line, start in the opposite direction. This indicator makes manual martingale possible. Trade with two symbols at the same time.
- Bars count - if you write 1000 here, you will calculate 1000 bars
- MAperiod - moving average period
- MAmethod - moving average method
- MAprice - moving average price feature
- Fontsize - adjust the font size on the screen