This indicator tracks current trends. Trends are determined by the zones created for them, the brighter the zone, the higher the probability of a market reversal.
The indicator adapts to any market.
You can set your own values for your system
Any timeframe can be used
You can increase the number of zones
█ HOW TO USE
If the market...
Fibonacci retracements are popular among technical traders. In technical analysis, a Fibonacci retracement is created by taking two extreme points (usually a peak and a trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and 100%. Basic fibo levels are often known to be 14.6%, 23.6%, 38.2%, 50%,...