Quote Originally Posted by tahiri View Post
it's rarely to see indicators based on price action, this one I bring you today is one of the best tool I know in forex, it can help traders to trade based on open price, it's very simple for who trade with support and resistances levels, the price ususally react to the open price line.

what a trader need is the open price and certain target to make profit, that's the objective of this indicator. the screenshot below can show you how the price react to its lines, you just need to be smart and enjoy from it.

happy trading

Attachment 67152
this is a good indicator and will make trading is effective because it depends on price action and also can determine the good support and resistane levels, and so the trader can analyze the market better and find the good trading positions and so he can make good orders in the proper time and make better money.