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Fibonacci Moving Averages - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |

Fibo Moving Average - indicator for MetaTrader 4

Fibo Moving Average - indicator for MetaTrader 4

Input parameters:

nAppliedPrice = 0; // PRICE_CLOSE = 0; Opening price = 1; Highest price = 2; Lowest price = 3; Median price = 4; PRICE_TYPICAL = 5; PRICE_WEIGHTED = 6;

maMethod = 0; // MODE_SMA=0; MODE_EMA=1; MODE_SMMA=2; MODE_LWMA=3;

Fibo Moving Average - indicator for MetaTrader 4


Attachment download

📎 Fibo-Average-2B.mq4 (3.18 KB)

📎Fibo -Average.mq4 (3.08 KB)

Source: MQL5 #10383

Fibonacci Moving Average - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions

Fibonacci Moving Average - MetaTrader 4 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

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