W.D.Gann has left behind a plethora of knowledge when it comes to trading. Understanding when time is up and what should happen if a stock is trending is a big help when identifying good entry signals. The Retracer is a counting indicator that will signal when a stock has been pulling back without making new highs or lows whilst working with your defined trend.
Download the Raefontrading pack with a 30 day free trial from the indicators page.
Cost $70 Australian. All sales are final please do the 30 day free trial before buying
Above you can see it showing the timed pullbacks on Telstra as it has been trending over a year or so and below on the Eur / Usd 240min chart