"Fibonacci Arc Custom Indicator infringement levels" are quite effective way to see the future (at least in the forex markets), ie, it involves anticipating changes in trends as prices near the lines created by the Fibonacci studies. Mon significant price move (either up or down), prices will often retrace a significant portion (if not all) of the original move. As prices retrace, support and resistance levels often occur at or near the "Fibonacci retracement levels" (see my articles on "Fibonacci trading" for more details about this).
other posts
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other posts
- i sadukey v3
- raff regression channel example
- mt4 moving average exponential ribbon indicator
- mq4 dinapoli
- trendline in trading
