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PZ ABCD Retracement Indicator
PZ ABCD retracement indicator for MT4 scans for ABCD chart pattern and alerts forex traders with BUY and SELL signals.
The PZ ABCD retracement indicator for MT4 scans the forex price charts automatically for the ABCD chart pattern and alerts the trader with an arrow trading signal. The indicator provides Bullish and Bearish arrow trading signals according to the pre-defined wave ratios that traders can further customize as per requirement. So, forex traders can successfully identify and BUY and SELL using the pattern.
The indicator works well in all intraday price charts and the daily, weekly, and monthly price charts. Moreover, the indicator works well for new and advanced forex traders. New traders can quickly identify and trade the pattern, while advanced traders can formulate complex trading strategies and apply auto trading strategies. Additionally, the indicator is free to download and install.
PZ ABCD Retracement Indicator For MT4 Trading Signals
The above AUDUSD, H1 price chart, shows the PZ ABCD retracement indicator for MT4 in action. Moreover, the indicator shows the bullish waves and arrow trading signals in Light Blue. Similarly, the bearish waves and arrow trading signals are in Salmon color. Furthermore, the indicator allows the technical forex traders to customize the input of AB and CD wave ratios in the indicator settings.
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