We 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.
But how can we identify market trends?
What is the market trend? (Bullish trend , bearish trend or range).
What is overbought and oversold and where is it?
Support levels are one of the key issues in technical analysis.
This indicator identifies important fractal levels to which the price has reacted.
Pivot points can be used for identify Take Profit(TP), Stop Loss(SL) and reversal points.
This indicator automatically shows important Fibonacci levels.
This tool is useful for Fibonacci traders and dynamic traders.
(Until the zigzag is stabilized, it may change)
Download the indicator here
https://www.mql5.com/en/market/product/43598
Success is not accident.
Contact us: contact.ea.trading@gmail.com