The PZ ABCD Retracement Indicator is a popular and free forex indicator for MT4 that helps traders identify potential trading opportunities by identifying the AB=CD harmonic pattern. The indicator automatically plots Fibonacci retracement levels to help traders identify entry and exit points. It works by scanning the market for the AB=CD pattern and drawing the necessary lines and levels. It can be used by both a novice and an experienced trader, making it a versatile tool for traders who want to improve their trading results.
- Author fx
- Creation date
More resources from fx
-
MT4 Misus EntryIdentify optimal entry points with clear buy and sell signals -
MT4 Pro4X Pivot LinesSpot key support and resistance with dynamic pivot lines -
MT4 Trend Direction IdentificationClearly identify bullish and bearish trends for smarter trading -
MT4 Waddah Attar TrendIdentify trends and potential reversals with reliable signals -
MT4 Average Change High LowMeasure price volatility and spot potential trend reversals