• Overview
  • Reviews
  • Comments (3)
  • What's new

Two Fibonacci Lines with Buy and Sell Arrows

Fibonacci sequence is defined by integer sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ...

By definition, it starts from 0 and 1, the next number is calculated as a sum of two previous numbers.

Instead of the standard moving average, the indicator uses the following calculation of average price: Bar0 + Bar1 + Bar2 + Bar3 + Bar5 + Bar8 + Bar13 + Bar21 + ...


Input parameters

  • FiboNumPeriod_1 - numbers in the following integer sequence for Fibo Moving Average 1.
  • nAppliedPrice_1 - Close price, Open price, High price, Low price, Median price, Typical price, Weighted price;
  • FiboNumPeriod_2 - numbers in the following integer sequence Fibo Moving Average 2.
  • nAppliedPrice_2 - Close price, Open price, High price, Low price, Median price, Typical price, Weighted price;
  • PushNotific - If TRUE - Sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab.
No reviews
Version 4.18 - 2016.09.14
Fibonacci sequence is defined by integer sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ...

By definition, it starts from 0 and 1, the next number is calculated as a sum of two previous numbers.

Instead of the standard moving average, the indicator uses the following calculation of average price: Bar0 + Bar1 + Bar2 + Bar3 + Bar5 + Bar8 + Bar13 + Bar21 + ...

Input parameters:

• FiboNumPeriod_1 - numbers in the following integer sequence for Fibo Moving Average 1.
• nAppliedPrice_1 - Close price, Open price, High price, Low price, Median price, Typical price, Weighted price;
• FiboNumPeriod_2 - numbers in the following integer sequence Fibo Moving Average 2.
• nAppliedPrice_2 - Close price, Open price, High price, Low price, Median price, Typical price, Weighted price;
• PushNotific - If TRUE - Sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab.