RVM Fractals Level Indicator
Platform: MT4 Type: Channel Last update: November 2, 2024The RVM Fractals Level Indicator for MT4 builds a channel based on fractals and imposes on it all the Fibonacci fan.
If the price leave that 3 lines, most propably it will change the direction of its movement.
These lines are Fibonacci extenions numbers: 23.6%; 38.2%; 50% and 61.8% which are the levels of market correction.
Example chart:
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