FibonacciAveragesOscillatorLibrary by tkarolak

Library "FibonacciAveragesOscillatorLibrary"
The FibonacciAveragesOscillator library provides a streamlined way to analyze market trends using Fibonacci intervals and smoothed averages.

fibAvgOscillator(maxFibNumber, smoothLevel)
Parameters:
maxFibNumber (string): string: The maximum Fibonacci number to use, affecting analysis depth.
smoothLevel (simple int): simple int: Smoothing level for the oscillator, higher values produce smoother results.
@return series float: The Fibonacci averages trend oscillator value, smoothed over the specified level.

Release Notes:

v2

Updated: Compiler annotations

Pine library

In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House Rules.

Disclaimer

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