Engineering Alpha

Engineering Alpha

The Fibonacci Moving Average in TradingView

How to Code & Use the Fibonacci Moving Average in Pine Script

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Sep 17, 2022
∙ Paid

The Fibonacci Moving Average is a powerful indicator that takes into account many underlying moving averages to give out an approximate short-term/long-term view of the markets. Its strength lies with dynamic support and resistance levels. I have created this indicator in order to improve trend-following entry positions. Having already discussed how to …

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