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Fibonacci-based Moving Averages indicator

by Dr.Hamdi Boukamcha
Name:
Fibonacci-based Moving Averages indicator
Author: WWMMACAU (2010.04.20 12:52)
Downloaded: 4065
Download:
Fibonacci-based Moving Averages indicator   Fibonacci-based Moving Averages- Part 1.mq4 (4.4 Kb) View
Fibonacci-based Moving Averages indicator   Fibonacci-based Moving Averages- Part 2.mq4 (3.5 Kb) View

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:

Fibonacci-based Moving Averages indicator

Figure 1. Fibonacci-based Moving Averages- Part 1

Fibonacci-based Moving Averages indicator

Figure 2. Fibonacci-based Moving Averages- Part 2

3 comments  To post a new comment, please log in or register

Hi,

Very Nice!

Very Impressive!

But it seems little bit Quackers to me! ROFLoL (< 8)

11.07.2011 22:49 FourX

@ BlueSky,

That is the funniest thing I’ve seen in a long time… almost fell off my chair.

Thanks!!! hahah

07.07.2010 14:53 JPS

Overdone. Too many indicators will bring your attention away from simple patterns.
Refer to attachment.Fibonacci-based Moving Averages indicator

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