Fiery River V.2.0 with VolatilityWhat does the indicator do?
The indicator combines the selected moving average with Fibonacci levels, which are adjusted depending on market volatility (ATR). It helps traders quickly see potential support and resistance zones, as well as take into account changes in market dynamics.
Basic elements
The main MA is selected from several types (EMA, SMA, WMA, RMA, HMA) and calculated over a specified period. The line is usually gray.
Fibonacci Levels (long) – calculated as The MA * coefficient is A
インジケーター
