PINE LIBRARY
Updated FibonacciAveragesOscillatorLibrary
Library "FibonacciAveragesOscillatorLibrary"
The FibonacciAveragesOscillator library provides a streamlined way to analyze market trends using Fibonacci intervals and smoothed averages.
fibAvgOscillator(maxFibNumber, smoothLevel)
Parameters:
maxFibNumber (string): string: The maximum Fibonacci number to use, affecting analysis depth.
smoothLevel (simple int): simple int: Smoothing level for the oscillator, higher values produce smoother results.
return series float: The Fibonacci averages trend oscillator value, smoothed over the specified level.
The FibonacciAveragesOscillator library provides a streamlined way to analyze market trends using Fibonacci intervals and smoothed averages.
fibAvgOscillator(maxFibNumber, smoothLevel)
Parameters:
maxFibNumber (string): string: The maximum Fibonacci number to use, affecting analysis depth.
smoothLevel (simple int): simple int: Smoothing level for the oscillator, higher values produce smoother results.
return series float: The Fibonacci averages trend oscillator value, smoothed over the specified level.
Release Notes
v2Updated: Compiler annotations
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
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.
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
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.