Fibonacci WMA

What does Fibonacci WMA measure?

A moving average whose weights follow the Fibonacci numbers — a gentler tilt toward recent prices than a straight linear weighting.

How is Fibonacci WMA calculated?

Average the last 10 closes, weighting them 1, 1, 2, 3, 5, 8 and so on, with the biggest weight on the newest candle.

Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.

How do I use Fibonacci WMA in a bot?

In the builder, add an indicator of type fwma (parameters: length, default 10). Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.

Related indicators

• Gator oscillatorA picture of how far apart the three Alligator lines are.
• Geometric MAAn average price that treats percentage moves fairly, so one huge spike distorts it less than it would a normal average.
• Heikin-AshiRedrawn candles that filter out the noise, so a trend shows as an unbroken run of same-coloured bars instead of a jumble.
• Gann HiLoA stop-and-reverse trend line that flips from below the price to above it when the trend changes.

Or browse all 158 indicators in the full library.