Updated
FibonacciAveragesOscillatorLibrary

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.
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
v2Updated: Compiler annotations
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.