FiboBars — Indicator by AlgoTrading_CC

trendanalysis noise fibo fibobars фибо фибобарс

This indicator is used to remove noise in the price chart. In its logic, it uses the Fibonacci number. To adjust the noise level, there is a "period" field in the settings. The higher the period value, the more noise the indicator absorbs.

Ideal for trending instruments.

Данный индикатор служит для удаления шума в графике цены. В своей логики он использует число Фибоначчи. Для возможности настройки уровня шума, в настройках есть поле "период". Чем выше значение периода, тем больше шумы поглощает индикатора.

Идеально подходит для трендовых инструментов.

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.

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