PROTECTED SOURCE SCRIPT
Updated TTP Fibonacci MA

This indicator offers a fibonacci rainbow of moving averages.
Recommended instructions:
- timeframe: daily or weekly
- logarithmic scale
- default MA length for smoother curve
- fib levels used are 0.5,1,2,3,5 and 8, but you can also try with 1,2,3,5,8,13 or 0.33,05,1,2,3 depending on which range you want to cover
- you can render in weekly timeframe and still set the indicator settings timeframe to daily to get more reactive levels
Recommended instructions:
- timeframe: daily or weekly
- logarithmic scale
- default MA length for smoother curve
- fib levels used are 0.5,1,2,3,5 and 8, but you can also try with 1,2,3,5,8,13 or 0.33,05,1,2,3 depending on which range you want to cover
- you can render in weekly timeframe and still set the indicator settings timeframe to daily to get more reactive levels
Release Notes
chart updatedProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
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.