There's this indicator that plots automatically the 50% and 61.8% retracements on the last swings.
If you want the levels to show up on the chart you just need to click on the low of the swing low and it, automatically, tags the swing high and show the retracements.
If it is coming off the lows and making higher highs, you click on the low of this move and it marks the current high... If it moves a little bit higher, then you have to drag it up a little bit, or delete it and click on the low again. Same occurs for the opposite direction.
It can be used to wave entries strategies.
Does anyone know where I can find this indicator?
Thank you!
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