KivancOzbilgic

MavilimW MTF

Multiple Time Frame version of MavilimW



This Indicator plots smoothed weighted moving average combinations of various Fibonacci numbers


a great support and resistance for long term trading and confirmation


1- You can change the sensitivity of the indicator by changing the first two parameters
2- In the settings you can also add the original version by checking the "Show previous version" button
3- The indicator calculates Fibonacci series automatically when you change the two parameters

HINT: first parameter must be equal or less then second
some examples: 1,1 or 1,2 or 2,3 or even 5,5 and so on...
by increasing the parameters the indicator becomes less sensitive for buy and sell signals but will have high potential of becoming support or resistance line
by decreasing the parameters you can have more sensitive buy an sell signals which changes the color of the indicator.







MAVİLİMW İNDİKATÖRÜ TÜRKÇE ANLATIM VİDEO LİNK:


MavilimW indikatörün MTF (çoklu Zaman Aralıklı) versiyonu


YENİLİKLER:

1-HASSASİYETİ ARTIRILIP AZALTILABİLİR
2-TRADİNGVİEWDA ESKİ VERSİYON DA EKLENEBİLİR KUTUCUK İŞARETLENEREK
3-BELİRLEYECEĞİNİZ 2 PARAMETREYE GÖRE DEVAM EDEN FIBONACCI SERİSİNİ KENDİSİ OTOMATİK OLUŞTURUR.



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.

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.

Want to use this script on a chart?