Engineering Alpha

Engineering Alpha

The Fibonacci Mean Distance Technical Indicator.

Creating a New Technical Indicator Based on Fibonacci Distance.

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Oct 24, 2021
∙ Paid

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…

User's avatar

Continue reading this post for free, courtesy of Sofien Kaabar, CFA.

Or purchase a paid subscription.
© 2026 Sofien Kaabar · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture