Stochastic Retracement Lines
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Hello....
after I tested this new indicator a lot .. and i found it very useful to find the best key lines on the chart I decided to share it here....
the indicator is depending on stochastic momentum to collect the strongest lines on the chart and draw the lines depending on it ....
and I found this stochastic retracement on this level:
0.9
0.5
0.2
0
-0.2
-0.5
-0.9
and this levels can lead us to get that confirmation to open our new positions....
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and it works with all time frame ....
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