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RobertD7723

FibMA

RobertD7723  
Moving Averages Trend Analysis sma Triple Exponential Moving Average (TEMA) ssma
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movingaverage trendanalysis sma tema ssma
This study visually demonstrates Fibonacci moving averages.

The darker the color, the stronger the signal is for either buying or selling.

Buys/Sells only take place when each moving average is above/below the its adjactent fibonacci sequence, i.e 5<8<13<21<34<55<89<144 for buying..

Alerts are provided as BUY ASSET and SELL ASSET.

Multiple moving averages are also provided.
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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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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