Month: March 2022

The Auto Fibonacci MT5 Indicator (or Auto Fibos) automatically detects two key price reversal points on a chart and draws Fibonacci lines between them. The Auto Fibos indicator finds two extreme price points on a chart and divides the vertical distance by the Fibonacci ratios. The starting point of the retracement is 0.00 percent, while … Read more

The Elliott Wave Oscillator MT5 indicator is a momentum oscillating indicator created primarily to show price momentum and to detect specific waves within the Elliot Wave theory based on the outcomes of this momentum. While the Elliott Wave Oscillator indicator seems to be simply another variation of the MACD at first glance, Elliott wave traders … Read more