LevelsMarkerIndicator indicator building support-resistance levels on the chart areas where price was the most time.
Following a period when the price is moving sideways, inevitably begins trending movement section, which ends at the next price level.
LevelsMarkerIndicator identifies the most important price levels targeted by traders to trade.
Indicator sets the level of the color depending on the level of force, gradually changing from color to the color of weak levels of strong levels.
Also, for more convenience, you can purchase LevelsMarker, in the form of a script.
- count bars – parameter, which determines the depth of the history of the analysis of prices;
- recalc period – after recalculation indicator bar number specified in the parameter;
- timeframe – the calculation can be made on the time frame that is different from that applied in the timeframe levels, both in the lower and in a big way;
- factor levels detailing – parameter, which determines the number of levels on the chosen price range, the larger the value, the levels will be located less;
- color for the minimum force levels – the color of the weakest in strength levels on the chart depending on the level of strength, the color gradually changes to the color of the strongest levels;
- color maximal strength levels – the color of the strongest levels;
- thickness of the line level – allows to change line thickness;
Trend Finder Multi Pair And Multi Time Frame The indicator was created by a former employee of the hedge fund, and it is designed to find the strongest…
Prise Reversal mt5 Those interested can download LED demo version , that does not display its data on the last 25 bars, but is ideal for testing….
Channel Projection MT5 Fibonacci correction levels – is a term used in the technical analysis relating to the support region ( price will not go below)…
- Extended Fractals MT5
- Argo Trix
- XCalper Didi index