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fibanocci movingaverage relativestrengthindex sma trendanalysis Less Tags Show All Tags
Fibonacci+RSI indicator v1.1
NIFTY
, 15
NIFTY: Fibonacci+RSI indicator v1.1

Works best on 15min chart. Performance numbers are really good for indices.( May not work for forex or CFDs). This script generates the fibonacci bars on the fly based on the length of previous candles(user input available). (1,0.618,0.5,0.382,0 levels are used). Buy or sell signals are generated only when: the price nears specific fibonacci levels and...

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