permanent. When price changes direction, the indicator starts to draw a new line. If that line does not reach the indicator’s percentage setting and the price of the security reverses direction, the line is removed and replaced by an extended Zig Zag line in the trend’s original direction...
Pivot points andFibonacci retracementsor extensions both draw horizontal lines to markpotential support and resistanceareas. The Fibonacci indicator is useful because it can be drawn between any two significant price points, such as a high and a low, and it will then create the levels between thos...
How To Place A TradeI find it very simple to place a trade on both MetaTrader platforms:From your MetaTrader platform click on the asset you want to trade In the ‘New Order’ pop-up enter the lot volume Adjust stop loss or take profit if you want to Select whether the order is ...