SUN+FAN Indicator: Fibonacci Fan + Gann Method
SUN+FAN indicator - is a simple but very effective indicator, which builds a Fibonacci Fan based on the last points of the Zigzag indicator.
As you know, Fibo levels are used for rebound trading. Similarly, the SUN+FAN indicator is used. To enter the trade, the rebound from the fan line in the direction of the signal is used. The oscillator can be used to confirm the rebound.
In addition, in the archive you will find a modification of the SUN+FAN indicator in which the Fibonacci Fan is built not by the ZigZag indicator, but by the Gann method.
Indicators using the Fibonacci sequence have long been popular among traders and are unlikely to lose their relevance. That's why SUN+FAN indicatorIt will surely find its audience and will be in demand in many trading strategies.
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