Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 4 Indicator | Fibonacci-based Moving Averages indicator

Description:

This indicator is EMAs drawn by Fibonacci numbers.

There are part1 and part2:
Part1-->EMA 34(High,Close,Low), 55, 89, 144, 200
Part2--->EMA 233, 377, 610, 987, 1598

http://ragheehorner.com/blog/?p=157

Images:

MetaTrader Experts, Indicators, Scripts and Libraries

Figure 1. Fibonacci-based Moving Averages- Part 1

MetaTrader Experts, Indicators, Scripts and Libraries

Figure 2. Fibonacci-based Moving Averages- Part 2


9627

Best MetaTrader Indicators + Profitable Expert Advisors