tantamount

Fibonacci Moving Average (EMA/SMA) Bundle

//@v1.2 Fibonacci Moving Average ( EMA / SMA ) Bundle
//By Tantamount
//Save your TV indicator use counts by using the Fibonacci SMA / EMA all in one indicator! Toggle between Exponetial or Simple moving averages functionality, using Fibonacci the sequence.
//Fib moving averages are very good at locating support and resistance zones on multiple time frames.
//Customize and or input your very own moving average nomenclature by simply changing the input options from default: SMA (21, 55, 89, 144, 233) or EMA (21, 55, 89, 144, 233) Example: (8,13,21,55,89)

Support and Resistance Lines
Release Notes: Added market analysis tag descriptors for search
Release Notes: Updated EMA and SMA Parameters
New Default = 34, 55, 89,144, 233
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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