Forex Fibo Moving Average Indicator
Forex Fibo Moving Average Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is Fibonacci retracement or extension levels and moving averages. It has 4 settings, for example Fibo Num Period (default 15), n Applied Price (default 0) and ma Period (default 55). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Fibo Moving Average Indicator
Forex Fibo Moving Average Indicator is an indicator for MetaTrader 4. It has 4 settings, such as Fibo num period, N applied price and Ma period. MQL source code included.
Files in the download: Fibo-Average-2B.mq4, Fibo-Average.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fibo num period | 15 | Numbers in the following integer sequence; |
| N applied price | 0 | PRICE_CLOSE=0; PRICE_OPEN=1; PRICE_HIGH=2; PRICE_LOW=3; PRICE_MEDIAN=4; PRICE_TYPICAL=5; PRICE_WEIGH |
| Ma period | 55 | Averaging period for calculation; |
| Ma method | 0 | MODE_SMA=0; MODE_EMA=1; MODE_SMMA=2; MODE_LWMA=3; |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Moving Average · Fibonacci · MT4 Indicator · MQL4 Source Code