Forex Fibonacci Based Moving Averages Indicator
From the Old Kings archive: Forex Fibonacci Based Moving Averages Indicator, an indicator for MetaTrader 4. Its name points to Fibonacci retracement or extension levels and moving averages. In the code it works with moving averages. It has 7 settings, for example Fast MAPeriod1 (default 34), Fast MAPeriod2 (default 34) and Fast MAPeriod3 (default 34). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Fibonacci Based Moving Averages Indicator
Forex Fibonacci Based Moving Averages Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 7 settings, such as Fast ma period1, Fast ma period2 and Fast ma period3. MQL source code included.
Files in the download: Fibonacci-based_Moving_Averages-_Part_1.mq4, Fibonacci-based_Moving_Averages-_Part_2.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ma period1 | 34 | Number of bars in the calculation |
| Fast ma period2 | 34 | Number of bars in the calculation |
| Fast ma period3 | 34 | Number of bars in the calculation |
| Fast ma period4 | 55 | Number of bars in the calculation |
| Fast ma period5 | 89 | Number of bars in the calculation |
| Fast ma period6 | 144 | Number of bars in the calculation |
| Fast ma period7 | 200 | Number of bars in the calculation |
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