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Hello, can someone tell me how does this indicator works? i.e. when are the lines calculated and drawn? at some time in the day?

 

Go to forexfactory.com and search for nanningbob. This is used for his 4h counter trend system. To be used in 4h time frame only and zoom to display 4 weeks on mt4 only. Otherwise it will not work properly. Some us are using nanningbob`s system (which is free public thread / system) quite profitably.

 

Kind regards

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