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The Fibonacci Mean Distance Technical Indicator.

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The Fibonacci Mean Distance Technical Indicator.

Creating a New Technical Indicator Based on Fibonacci Distance.

Sofien Kaabar, CFA
Oct 24, 2021
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The Fibonacci Mean Distance Technical Indicator.

abouttrading.substack.com

Contrarian techniques can be found from trend-following indicators. This article discusses how to do this using the Fibonacci moving average and the concept of mean-reversion.

The Fibonacci Sequence

The Fibonacci sequence is an amazing series that keeps impressing us everyday. It is applied almost everywhere with mathematically beautiful properties. In tr…

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