Registered User
Joined: 4/25/2007
Posts: 30
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Hi there
On 23rd worden report Mr.cluster mentioned using fibonacci simple moving averages for the study of primary market during 2003 bear market but i dont know how to do the fibonacci simple moving average.can anyone help me for the same please and for the settings i would like to have same setting which Mr.cluster mentioned in the report.
Thanks in advance
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Registered User
Joined: 12/5/2004
Posts: 9
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I have the same question. Know how to add fibonacci retracements, fans, etc. But haven't seen anything about the averages referred to today.
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Registered User
Joined: 1/28/2005
Posts: 6,049
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I don't remember what lengths were being used.
I would have to dig back into the reports in question.
However when referring to fib moving averages. These
were "standard" moving averages. The fib numbers
referring to the length of the smoothing.
In other words he was using lengths of:
5
8
13
21
34
55
89
(the numbers are generated by adding the previous 2)
If for example he was using a fast average of 13 and a slow average
of 89. He would call those fib averages.
(the original reports probably state the actual averages used)
Thanks
diceman
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Thanks
diceman
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