The indicator measures, through the zigzag indicator, the levels of trend or correction.
it shows in the chart the levels of each low or high detected.
How is this indicator useful?
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Carlos Forero, Member of Clever Trading Club, private organization with the purpose of design clever solutions to generate constant profits with adapted risk
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The indicator uses market profile theory to show the auction level on user-specified time basis. The Auction level is a key level of market that gives a trend bias depends on the location of price.