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Fibonacci sequence is defined by integer sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, …
By definition, it starts from 0 and 1, the next number is calculated as a sum of two previous numbers.
Instead of the standard moving average, the indicator uses the following calculation of average price: Bar0 + Bar1 + Bar2 + Bar3 + Bar5 + Bar8 + Bar13 + Bar21 + …
Input parameters
- FiboNumPeriod_1 – numbers in the following integer sequence for Fibo Moving Average 1.
- nAppliedPrice_1 – Close price, Open price, High price, Low price, Median price, Typical price, Weighted price;
- FiboNumPeriod_2 – numbers in the following integer sequence Fibo Moving Average 2.
- nAppliedPrice_2 – Close price, Open price, High price, Low price, Median price, Typical price, Weighted price;
- PushNotific – If TRUE – Sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the “Notifications” tab.
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