CEF Counting Levels

Description:

The indicator measures, through the zigzag indicator, the levels of a trend or correction.

it shows in the chart the levels of each low or high detected.

How is this indicator useful?

• This indicator determine, depending on Zigzag parameter, if a trend is begining, developing or ending
• This indicator determine the direction of the trend

Components

• Levels as positive or negative numbers, depending of direction of the trend and count of retracement.

Suggested indicators

CEF Counting Levels is designed to work and complement its signals with following indicators:

General Indicators

• Selecting best currencies to trade (CEF Spread Currencies Spread)

Trend Indicators

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