OPEN-SOURCE SCRIPT
Updated Philosof fib ma

I like Fibonacci and I think multiple MAs are best for identifying the trend. This one is based on someone else's script. I just need to share it with a friend =)
Release Notes
Changed MAs to EMAs, as they better represent the trend in crypto and act as minor SR levels. Most important and fantastic result I got from MAVW based on Fibonacci numbers - it works really good as trend indicator (at any timeframe!). I also use 34 and 55 ema for the same purposes, but chart analyze proved, that only when MAVW is crossed, the trend changes. Try it ;)
Release Notes
Possibility to show/hide EMAs + turned off some by default.Release Notes
Started EMA with 3 =)Release Notes
Minor corrections. Trying to find out why public version is different from what I've edited and use.Release Notes
Made it a little easier. Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
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.