Fibonacchi Accordion
Fibonacci Accordion could be an indicator utilizing Fibonacci ratios within Amibroker to identify market expansion or contraction zones. Integration with the Amibroker data feed ensures precise analysis, allowing traders to recognize periods of increased volatility or consolidation based on Fibonacci principles.
/_SECTION_BEGIN("FibAccordion");
fa = EMA(C,13) - EMA(C,144);
Plot( FA, _DEFAULT_NAME(), ParamColor("color", colorCycle ), ParamStyle("Style") );
_SECTION_END();