Fibonacci Based Moving Averages Indicator

Name: Fibonacci Based Moving Averages
Download:
Fibonacci-based Moving Averages- Part 1.mq4 (4.4 Kb)
Fibonacci-based Moving Averages- Part 2.mq4 (3.5 Kb)

Description:

This indicator is EMAs drawn by Fibonacci numbers.

There are part1 and part2:
Part1-->EMA 34(High,Close,Low), 55, 89, 144, 200
Part2--->EMA 233, 377, 610, 987, 1598


Figure 1. Fibonacci-based Moving Averages- Part 1


Figure 2. Fibonacci-based Moving Averages- Part 2

Source: Mql4.com

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