MAX 8 MA Fibonacci
Aug 4, 2017
The MAX 8 MA Fibonacci indicator provides a comprehensive visual overlay of eight Simple Moving Averages (SMAs) based on Fibonacci sequence lengths to help traders identify trend direction and dynamic support/resistance levels.
Usage
The tool is primarily used to identify trend maturity and potential reversal points. By default, the indicator uses Fibonacci numbers (13, 21, 34, 55, 89, 144, 233, 377) for its periods, which are often respected by market participants as significant psychological levels.
- Trend Identification: When the shorter SMAs are above the longer SMAs, the market is in an uptrend. Conversely, when shorter SMAs are below longer ones, it indicates a downtrend.
- Dynamic Support & Resistance: Traders often look for price pullbacks toward these moving averages to enter trades in the direction of the trend.
- Price Crossovers: The script includes built-in alert logic for price crossing the primary SMA, signaling potential shifts in short-term momentum.
Details
This script is designed to save space on the TradingView indicator limit by consolidating eight separate moving averages into a single script. It uses standard Simple Moving Average (SMA) calculations. The default values are rooted in the Fibonacci sequence, a mathematical concept frequently applied in technical analysis to find natural equilibrium points in price data.
Settings
- SMA lunghezza (1-8): Sets the period length for each of the eight Simple Moving Averages.
- SMA Mostra? (1-8): Toggle switches to show or hide individual moving averages from the chart.
FAQ
How do I use the MAX 8 MA Fibonacci for trend trading?
You can observe the "fan" or "ribbon" effect. When the lines are spread out and ordered by length, it indicates a strong trend. When they converge, it suggests consolidation or a potential trend change.
Can I change the lengths to non-Fibonacci numbers?
Yes, the settings menu allows you to input any integer between 1 and 999 for each of the eight moving average lengths.
How can I access this tool?
You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.
Trading & investing are risky and many will lose money in connection with trading and investing activities. All content on this site is not intended to, and should not be, construed as financial advice. Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Past performance does not guarantee future results.
Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, including, but not limited to, lack of liquidity. Simulated trading programs in general are designed with the benefit of hindsight, and are based on historical information. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
As a provider of technical analysis tools and strategies, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole based on any content, tool, or platform feature we provide.
Charts used on this site are by TradingView in which the majority of our technical indicators are built on. TradingView® is a registered trademark of TradingView, Inc. www.TradingView.com TradingView® has no affiliation with the owner, developer, or provider of the Services described herein.
Market data is provided by CBOE, CME Group, BarChart, Massive, CoinAPI. Select U.S. equities data is provided through Massive. CBOE BZX real-time U.S. equities data is licensed from CBOE and provided through BarChart. Real-time futures data is licensed from CME Group and provided through BarChart. Select cryptocurrency data, including major coins, is provided through CoinAPI. All data is provided “as is” and should be verified independently for trading purposes.
This does not represent our full Disclaimer. Please read our full disclaimer.
© 2026 LuxAlgo Global, LLC.