Just as the name goes, this indicator combines Fibonacci indicator and the trend lines. It is auto; meaning that the trader doesn’t have to go through the hustle of identifying the moments to place the Fibonacci and also trying to identify the perfect place to start drawing your trend lines. The indicator draws everything for you automatically when the chance arises giving the … [Read more...]

This is was provided by Islam Khaled and it is a very comprehensive and yet very easy to use indicator. It is based on the use of Fibonacci and the zigzag indicators. The incorporation of this two indicators makes it one of the most outstanding indicator there is for the intraday traders.  It mainly focusses on trading the retracements. What are forex retracement? … [Read more...]