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Introducing My Bionic Dancer EA with excellent capabilities in automatic trading whose analysis is based on trend, orderblock and FVG concept. In forex trading, Fair Value Gap (FVG) and Order Block are two key concepts used by Bionic Dancer EA to predict price movement and make informed trading decisions. Both techniques focus on market structure, price imbalances, and the behavior of institutional players. Bionic Dancer EA will bring you significantly enhance your trading success.
An Order Block is a concept derived from institutional trading activity. It refers to a specific area on the price chart where large orders (typically from banks, hedge funds, or other institutional traders) were placed. These orders create significant support or resistance zones that can influence future price movement.
A Fair Value Gap (FVG), also known as a "price gap" or "market inefficiency," is an area on a price chart where a sharp price movement occurs without sufficient trading activity. This often happens during news events, significant price rejections, or institutional orders that create imbalance in the market. Essentially, an FVG represents an area where price quickly moves from one level to another, leaving a gap between them.
Bionic Dancer EA design for XAUUSD/GOLD pair
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