Fibo_Ma with Toggleable 200 EMA Filter

Fibo_MA with Toggleable 200 EMA Filter

Description:

This multi-functional indicator blends Fibonacci-based moving averages with customizable filters and visual enhancements to support various trading strategies. It offers traders the flexibility to analyze trend dynamics and potential reversal zones using multiple tools in one script.

Key Features:

🔹 Fibonacci MA Framework
Leverage a range of Fibonacci numbers (from 1 to 233) to visualize trend-based EMA lines with optional smoothing. Users can choose the moving average method (SMA, EMA, RMA, WMA, VWMA, etc.) and adjust the smoothing length for fine-tuned analysis.

🔹 VWAP and Dynamic EMA Tools
Includes VWAP and a color-coded 200 EMA that updates based on trend slope. These help visualize key dynamic support and resistance levels.

🔹 Multi-Timeframe Support
Option to switch the data source to a higher timeframe for broader trend confirmation.

🔹 Signal Highlights

Bullish and bearish signal markers based on crossovers with optional filters.

Background highlights show whether the current price is above or below a smoothed EMA line.

🔹 Customizable Filters
Enable or disable filters like:

200 EMA Position Filter (only signal when price is above or below the 200 EMA)

ATR Filter (filter out low-volatility candles)

Volume Filter (signal only on sufficient volume)

🔹 Cross Alerts & Labels
Built-in alert conditions for crossovers and customizable signal display options—labels, shapes, and background highlights.

🔹 Advanced Options

Toggle forecast line visibility and offset

Fine-tune alerts using price action relative to the smooth trend line

Optional tail and cross label display for deeper chart customization

How to Use:
This tool can support trend-following, breakout, and pullback strategies. Customize the MA types, filters, and timeframe settings to match your trading style. The script is designed for visual clarity while offering rich configurability for discretionary and system-based traders.