always hear from the best traders that we should trade in the direction of the market. They tell us: if market is up buy the dips , if market is
down sell the rallies.
how can we identify market trends?
is the market trend? (Bullish trend , bearish trend or range).
is overbought and oversold and where is it?
levels are one of the key issues in technical analysis.
indicator identifies important fractal levels to which the price has reacted.
points can be used for identify Take Profit(TP), Stop Loss(SL) and reversal points.
indicator automatically shows important Fibonacci levels.
tool is useful for Fibonacci traders and dynamic traders.
the zigzag is stabilized, it may change)
Download the indicator here
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