OPEN-SOURCE SCRIPT

Volume MA * Fibo levels

In the scrypt above, the SMA of Volume is taken as a basis and the Fibonacci levels are calculated.
This can be useful for analyzing the trend in accordance with changes in volume.

Any feedback is appreciated!
Good luck with your trading!
fibolevelsMoving AveragessmaVolume

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?

Disclaimer