The Fibonacci Ribbon (FibRib) creates two Fibonacci moving averages: essentially a Fibonacci WMA and a Fibonacci EMA.
The ribbon colors based on which is higher and where PA is relative to the ribbon.
Optional colored candles shades candles the same color as the ribbon.
The ribbon colors based on which is higher and where PA is relative to the ribbon.
Optional colored candles shades candles the same color as the ribbon.
Versionshinweise:
Better chart.
Versionshinweise:
Added two color gradient effects (ribbons going up/down).
Versionshinweise:
Added comments for more clarity
Versionshinweise:
Added optionality for a 2nd ribbon.