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The trendline is the most common but effective trading tool. In this indicator, both short term and long term trend lines could be drawn automatically. The potential breakout upside target and downside target are also flagged according to Fibonacci theory. No need to adjust any parameters of the indicator. The default setting could work well on any pairs and any timeframe. Good Luck!
Brief introduction: We Offer Everyone and Introduce You - A completely new indicator tool, the algorithm of which, on the exchange markets, is demonstrated for the first time. This indicator uses a graphical construction of high-quality diagrams and helps to visually, conveniently, and most importantly, to analyze market trends in a timely manner, while using historical and current data, on any time frames and financial instruments. The algorithm for constructing synthesized candles is based
The indicator automatically calculates short term to long term range high/low according to Elliottwave theory. You could use it for manual Elliottwave count. You could also use it as fixed support resistance. It could work on any pairs and any timeframe. Default timeframe is H4. We don't recommend using this indicator on timeframe lower than H1. Please adjust the timeframe in the user setting panel according to your main chart. Combined with "Automatic trendline and Breakout target" indic