KG Fibonacci MA Indicator MT4

The KG Fibonacci MA Indicator for MT4 performs a trend-following analysis with a support of fibo sequence. The plotted lines can be be either neatly sorted or interwinted, depending of strength and clarity of ongoing trends. What’s more, it displays an dashboard showing price movement directions for each timeframe. It helps to see the bigger picture.

Example chart:

KG Fibonacci MA Indicator Example Chart 1

Understanding the ribbon provided by the kg fibonacci ma indicator for mt4

When you activate this gauge in your trading platform, you will basically see the set of colorful moving averages. Actually, there are 8 lines and each has different sensibility – from high to low. Their specific alignments reflects bullish and bearish signals.

Additionally, in the top right corner of the chart there are series of upwards and downwards arrows corresponding to setup of each line and time frame – from M1 (minutely) to MN1 (monthly). Forex traders should take advantage of this data, combine readings in order to recognize the dominant side of the market that is currently an driving force. Trading in agreement with them gives much improved possibility of successfull and profitable outcomes.

KG Fibonacci MA Indicator Example Chart 2

Submit your review
1
2
3
4
5
Submit
     
Cancel

Add your own review

ForexRacer
Average rating:  
 0 reviews

Related products