The following script aims to visually reproduce a Fibonacci moving averages ribbon by only using one plot function, the period of the moving average is determined by a number of the Fibonacci sequence. This trick is made possible by computing the value of a moving average at time t with a period determined by a periodic Fibonacci sequence and using ...
The one of the most important indicators every trader must use is time :)
Sometimes it has a lag due to the script recalculation per each candle tick (not every second)