Hi,

I dont know if there is one the same, and first indicator that i want to post here, I called fibMa. On each bar it summs price , from current bar and back to the choosen by the fibonacci sequence, and divides the sum by the sequence count.
For example, in inputs you choose "fibo_sequence = 6" :

So it would be ( price[0] + price[1] + price[1] + price[2] + price[3] + price[5]) / fibo_sequence
the MAX fibo_sequence in the indicator, counts to 17 and it equals the 987 number. If you choose more than 17 it would be set to max automatically, if 0 current bar would only be counted.


On the screen fibo_sequence = 13

Hope you enjoy!

To subscribe for this topic click.

Sincerely,
Sergei
HowToFxMarkets
- Forex educational courses, mentorship, trading rooms.
- Low (spread+commission) or even no commission forex broker, with a lot of additional services.
- And a Guide-o-FX is a list of FREE useful forex resources.
https://howtofxmarkets.web.app/