DislikedHi,
that is not an indicator.
I make use of MT4 fibonacci tool to draw lines and name them what I want to see.
see attached and try it.
regards,
Update: there is some explantion in this post in Platform Tech.
http://www.forexfactory.com/showthread.php?t=67529Ignored
- #36,823
- Jul 5, 2012 3:13am Jul 5, 2012 3:13am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #36,824
- Jul 5, 2012 3:21am Jul 5, 2012 3:21am
- Joined Jun 2012 | Status: Trader | 1,106 Posts
Some people say I'm lucky, but the more I practice the luckier I get
- #36,829
- Jul 5, 2012 3:33am Jul 5, 2012 3:33am
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- #36,830
- Jul 5, 2012 4:15am Jul 5, 2012 4:15am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #36,831
- Jul 5, 2012 4:16am Jul 5, 2012 4:16am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #36,832
- Jul 5, 2012 4:23am Jul 5, 2012 4:23am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #36,833
- Jul 5, 2012 4:45am Jul 5, 2012 4:45am
- Joined Jun 2012 | Status: Trader | 1,106 Posts
Some people say I'm lucky, but the more I practice the luckier I get
- #36,834
- Edited 5:03am Jul 5, 2012 4:48am | Edited 5:03am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #36,835
- Jul 5, 2012 5:16am Jul 5, 2012 5:16am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #36,838
- Jul 5, 2012 5:30am Jul 5, 2012 5:30am
- Joined Nov 2008 | Status: Trader | 50,189 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett