The True Range Bands gives contrarian traders ability to scalp retracements with precision & uses Fibonacci 1.618 for it's deviation setting. Recently upgraded by Mrtools to include his user-friendly MTF + Interpolation, download the update here: viewtopic.php?p=1295388264#p1295388264
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart