OPEN-SOURCE SCRIPT

Philosof fib ma

Updated
I like Fibonacci and I think multiple MAs are best for identifying the trend. This one is based on someone else's script. I just need to share it with a friend =)
Release Notes
Changed MAs to EMAs, as they better represent the trend in crypto and act as minor SR levels.

Most important and fantastic result I got from MAVW based on Fibonacci numbers - it works really good as trend indicator (at any timeframe!). I also use 34 and 55 ema for the same purposes, but chart analyze proved, that only when MAVW is crossed, the trend changes. Try it ;)
Release Notes
Possibility to show/hide EMAs + turned off some by default.
Release Notes
Started EMA with 3 =)
Release Notes
Minor corrections. Trying to find out why public version is different from what I've edited and use.
Release Notes
Made it a little easier.
cryptotradesexponentialmovingaveragesMoving Averagesmultipleindicatorsphilosoftrendfollowingwiseanalyze

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Also on:

Disclaimer