Hi Rumi,
I have been utilizing the FIBO stations on time frames of 5 min and up to monthly since first reading about them last summer. At that time I was using a pleasant charting package out of
http://www.fibonaccitrader.com/ .
The moving averages you watch to the 4hr Vegas model are drawn off the fundamental 55 SMA, while the Daily model they're drawn off the fundamental 28 EMA. Charting progr will be able to include Levels away a MA. In this circumstance you are adding MA's at favorite FIBO number-of-pips in the fundamental MA... /- 55, /- 89, /- 144 etc.... on smaller (below 4 hrs) I also add /- 13, /- 21, /- 34 for heads up on TP and also possible consolidation loions.
EDIT Post Script: I thought some might prefer a fast 55 sma station template to get their own template folder in MT4 therefore I packed mine into my server:
http://www.accrete.com/fx_posts/MT4_stuff/templates/ simply download the one named 55sma channel.tpl and set within your template folder in MT4 program folder. It is comprised of a 55sma/median for the /-34,55,89 FIBOs in Blue, and a 56sma/median for the /-144,233,377,610 FIBOs at Magenta. . .use whatever two colors you prefer. I did this to visualy distinguish between internal and outer (TP) levels.
The 56ma is a result of the fact that MT4 will not let you place a couple of the same MA# frequent Moving Average indiors on the chart. . .so i fudged.
: -)