According to the daily chart, the price is currently following a bearish structure. The most recent break of structure happened at 1.0700 level. The recent bullish movement is the retracement movement, which takes out the inducement liquidity and then begins to react. On the 4-hour chart, we can see the price is moving upwards by…
Listen to the audio episode: Get The Complete Price Action Strategy Checklist! The Reality Of Trading Fully Automated Systems In episode 455 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Kevin Davey, discussing the reality of fully automated trading systems. Find out why extensive testing and…
The Order Block Breaker Indicator MT4 is a signal indicator for MetaTrader 4 designed to identify trend reversals and momentum exhaustion zones. Zones are drawn on the main chart as colored blocks. These order blocks serve as support and resistance levels with potential price reversals. Additionally, the indicator provides alerts whenever a trading signal is…
The Auto Fibonacci Retracement Indicator MT4 is designed to automatically draw Fibonacci retracement levels on the main chart of MetaTrader 4. The Indicator calculates and displays lines on the key Fibonacci levels—23.6%, 38.2%, 50%, and 61.8%. which are potential price reversal points. This indicator is suitable for traders of all skill levels and across all…
The Auto Pivot Points Indicator MT4 is a signal indicator for MetaTrader 4, specifically designed to display important pivot points. These pivot points lines are plotted on the main chart based on the previous day’s, week’s, and month’s highs and lows of the currency. The calculation of pivot points relies on three parameters: the high,…
The Double Top Bottom Indicator MT4 is a pattern indicator for MetaTrader 4 and is designed to identify and draw double top and double bottom patterns. This indicator seamlessly integrates with the main chart, marking patterns and providing breakout arrows to signal potential trade entries. Traders can customize various settings, including pattern display colors and…
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