Forex Trader, Forex Writer & Copywriter
Forex Trader, Forex Writer & Copywriter
The indicator automatically plots supply and demand zones on the chart. Trading activity of Forex market participants is higher next to these levels. This allows you to identify potentially profitable points for trading.
The indicator analyzes the activity of Forex market participants and marks the most significant price zones. They can act as a full-fledged technical analysis tool (support and resistance levels, trendlines, etc.)
MACD 2Line for MT4 generates technical analysis signals for trading based on moving averages and the volume histogram.
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. They are named after their use of the Fibonacci sequence. Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction.
Currency strength expresses the value of currency. For economists, it is often calculated as purchasing power, while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data, overall economic performance or interest rates.
