How the Auto Fibonacci Retracement Indicator Works The Auto Fibonacci indicator automatically draws retracement levels from 0% to 100%. In a bearish market,…
Read moreInterestingly, the MT4 trading platform does not come with a built-in tool that automatically identifies and draws support and resistance levels. Yet these le…
Read moreSynthetic VIX Indicator – Complete Guide to Market Volatility Analysis The Synthetic VIX Indicator is a powerful market volatility indicator used by trader…
Read moreWhat is the QML (Quasimodo) Chart Pattern? The Quasimodo (QML) is a reversal chart pattern that, when formed at a significant higher time frame support or r…
Read moreUnderstanding the MACD 2 Line Indicator The MACD 2 Line indicator displays two exponential moving averages (EMAs) along with a volume histogram in a separate c…
Read moreOne of the most fundamental concepts a novice forex trader learns is supply and demand zones. Even years after they were first created, prices still respond t…
Read moreTrading with certain indicators can often feel overwhelming, with all the lines, colors, and data to interpret. Learning to navigate them can be quite challeng…
Read moreTrend lines are fundamental tools in traditional technical analysis and are widely used by traders because they are simple to draw and highly effective. Howeve…
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