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Fibonacci Moving Averages

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Fibonacci Moving Averages - Advanced Trend Analysis Tool

This indicator plots multiple moving averages based on Fibonacci sequence numbers, providing a comprehensive view of market trends across different timeframes. The Fibonacci sequence naturally reflects market harmonics and psychological support/resistance levels.

KEY FEATURES:

📊 11 Fibonacci Period Moving Averages
- Short-term: 8, 13, 21, 34, 55, 89
- Long-term: 144, 233, 377, 610, 987
- Toggle each MA on/off individually
- Fully customizable colors for each period

⚙️ Flexible Configuration
- Choose between EMA (Exponential) or SMA (Simple) moving averages
- Adjustable line width (1-4 pixels)
- Custom source input (close, open, high, low, etc.)
- Clean, organized settings interface

🎯 Golden Cross / Death Cross Detection
- Automatic detection of major trend reversals
- Configurable fast and slow MA periods (default: 55/233)
- Visual signals with labeled triangles
- Green "GC" for bullish Golden Cross
- Red "DC" for bearish Death Cross

🔔 Built-in Alert System
- Golden Cross alerts for bullish trend changes
- Death Cross alerts for bearish trend changes
- Set once, receive notifications automatically

USAGE:

The Fibonacci Moving Averages work together to identify:
- Trend direction and strength
- Dynamic support and resistance levels
- Potential entry and exit points
- Market regime changes (trending vs ranging)

When price is above the Fibonacci MAs, it indicates bullish momentum. When below, bearish momentum. The spacing between MAs shows trend strength - wider spacing indicates stronger trends, while convergence suggests consolidation or potential reversal.

IDEAL FOR:
- Swing traders identifying medium to long-term trends
- Day traders using multiple timeframe analysis
- Position traders seeking major trend changes
- Any trader using moving average crossover strategies

TECHNICAL NOTES:
- Pine Script v6 - Latest version with optimized performance
- Overlay indicator - plots directly on price chart
- Minimal resource usage despite multiple calculations
- Compatible with all timeframes and markets

Default settings show 6 MAs (8, 13, 21, 34, 55, 89) for clarity, but you can enable all 11 for comprehensive analysis. The Golden/Death Cross feature uses the 55/233 combination by default, representing the classic short-term vs long-term trend relationship.

Perfect for traders who understand that markets move in natural rhythms and want to align their analysis with the mathematical patterns found throughout nature and finance.

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