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Fibonacci based Moving Average

The indicator for automatic drawing of Fibonacci-based Moving Averages on the chart.

It supports up to eight lines at a time. The user can configure the period of each line.

The indicator also provides options to configure color and style of every line. In addition, it is possible to show indicator only on specific time frames.

Please contact the author for providing additional levels or if you have any other suggestions.

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Simply drop the indicator to the chart and Fibonacci levels will be shown automatically! The indicator is developed for automatic drawing of Fibonacci levels on the chart. It provides the abilities to: Select the standard Fibo levels to be shown Add custom levels Draw the indicator on the timeframes other than the current one. For example, the indicator is calculated on the weekly period (W1) and is displayed on the monthly period (MN1) Select the timeframes the indicator will be available on Ca
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Version 1.1 2020.03.25
The indicator was recompiled on MT4 build 1260 in order to improve the performance, get the latest fixes and support the latest features of the MT4 library.