OPEN-SOURCE SCRIPT
Fibonacci Time Moving Average Ribbons [DW]
Updated
This is an experimental study that takes a moving average of price, then offsets the average by up to 11 consecutive Fibonacci numbers from 1 to 144.
Choose between Kaufman's Adaptive Moving Average, Hull Moving Average, Fractal Adaptive Moving Average, Geometric Moving Average, or Exponential Moving Average.
Choose between Kaufman's Adaptive Moving Average, Hull Moving Average, Fractal Adaptive Moving Average, Geometric Moving Average, or Exponential Moving Average.
Release Notes
Updates:Expanded the available moving average types. The available moving averages now in this script are:
-Exponential Moving Average
-Simple Moving Average
-Smoothed Moving Average
-Weighted Moving Average
-Volume Weighted Moving Average
-Arnaud Legoux Moving Average
-Hull Moving Average
-Least Squares Moving Average
-Coefficient of Variation Weighted Moving Average
-Fractal Adaptive Moving Average
-Kaufman's Adaptive Moving Average
Bar colors are now included. The color scheme highlights coherent and divergent price activity.
Release Notes
Updates:Cleaned up the code. Removed unnecessary variables for enhanced performance.
Added Double Exponential Moving Average to the available moving average types.
Moving average type selection is now an easy to use dropdown menu.
Added volume options to the VWMA calculation. You can now choose between the default or tick volume as the volume type.
Updated color scheme to include pullbacks.
Release Notes
Updates:Minor bug fix
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.
For my full list of premium tools, check the blog:
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.