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ABCD Auto Detector
ABCD Auto Detector Content:ย Indicators: ZigZag.ex4, fibo_entries.ex4, fibo analysis.ex4, Template: ABCD Auto Detector.tpl, UserGuide: FIBO ABCD INDICATOR Manual.pdf FIBO SYSTEM ABCD ANALYSIS:The aim of indicator is to signal potential reversal zone:โ C ZONE: max area to consider actual swing a retrace of previous swingโ D Zone: target of ABC movementโ REVERSAL ZONE: potential area where actual […]
Description
ABCD Auto Detector
Content:ย Indicators: ZigZag.ex4, fibo_entries.ex4, fibo analysis.ex4, Template: ABCD Auto Detector.tpl, UserGuide: FIBO ABCD INDICATOR Manual.pdf
FIBO SYSTEM ABCD ANALYSIS:
The aim of indicator is to signal potential reversal zone:
โ C ZONE: max area to consider actual swing a retrace of previous swing
โ D Zone: target of ABC movement
โ REVERSAL ZONE: potential area where actual swing could end and reverse into
a new swing.
Setting:
ANALYSIS: method to calculate swing:
โ Aggressive: short term swing, more rumor
โ Conservative: long term swing, less rumor
โ Manual: trader could choose manually the Depth setting of Swing
DEPTH: numbers of bars to calculate SWINGS in Manual Mode of ANALYSIS.