INTRODUCTION :
The 8 effective steps to build a robust day trading plan using Fibonacci retracement will help us use Fibonacci to locate potential entry points.
Having a trading plan is what differ us from amateurs because professional traders always use their trading plan.
REMARK:
This is the EA that will automatically place all the trades for you and will close them for you. You only need to set the inputs of the EA.
HOW TO USE IT :
You can check the following video that will explain how to
PARAMETERS :
This script has 5 inputs, which are
SCREENSHOT :
Clarity index is a purely volume based indicator which is constructed on basis of volume, range and positive/negative candle count. It reflects the strength of trend with respect to volume.
MultiVote On Balance Indicator displays a higher resolution of trading volume activity to the regular On Balance Volume calculation.
RSI dual features Cutler RSI with standard RSI full formulas
Relative price trend