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Vertical Levels MT4

The "Vertical Levels" indicator for the Forex market is a tool for displaying vertical levels on a price chart. These levels can be useful for a trader, as they help identify significant points in price movement and potential reversal or trend continuation zones.

Peculiarities:

Vertical Levels: The "Vertical Levels" indicator allows you to display vertical lines on the chart, indicating certain levels. These levels can be adjusted using input parameters.

Setting options:

  • Length: Length of the period over which the levels are built.
  • Detailing: Level detailing.
  • Smoothing: Smoothing levels.
  • Convexity: Convexity of levels.
  • Power: Power levels.
  • DrawComment: Displays comments for levels.
  • DrawFrame: Draws a frame around the levels.
  • DrawLevels: Displays the levels themselves.
  • DrawHistogram: Displays a level histogram.
  • Prefix: Prefix for the level name.
  • ColorLabel: Comment text color.
  • ColorFrame: Level frame color.
  • ColorHistogram: Color of the level histogram.
  • ColorLevels: The color of the levels themselves.
Usage:

Determining support and resistance levels: The indicator helps to highlight significant levels on the chart that can be used as potential entry or exit zones for trades.

Trend levels:

Vertical levels can also be used to determine trend levels or trend changes. For example, levels located near the peaks or troughs of the price chart may indicate a possible continuation or reversal of the trend.

Settings:

Each trader can customize the indicator parameters to suit their preferences and trading style. For example, by increasing the length of the period, you can get longer-term levels, and by increasing the detail, you can see smaller changes.

Recommendations for use:

Use the Vertical Levels indicator in combination with other analysis tools such as moving averages or volume indicators to confirm trading signals. Pay attention to intersections of levels with price charts. Crossovers can serve as signals for opening or closing trades. Use color and style settings for better visibility and adaptation of the indicator to your chart.

The Vertical Levels indicator is a convenient tool for analyzing price levels in the Forex market, which can help you make informed trading decisions.


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Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
Das technische Handelssystem von BB Reverse Arrows wurde entwickelt, um umgekehrte Punkte für Einzelhandelsentscheidungen vorherzusagen. Die aktuelle Marktsituation wird durch den Indikator analysiert und für mehrere Kriterien strukturiert: die Erwartung von Umkehrmomenten, potenziellen Wendepunkten, Kauf- und Verkaufssignalen. Der Indikator enthält keine überschüssigen Informationen, verfügt über eine visuelle verständliche Schnittstelle, mit der Händler angemessene Entscheidungen treffen k
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
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Paulo Rocha
5 (1)
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Gann Zone Pro
Kirill Borovskii
This indicator identifies and displays zones, as it were areas of strength, where the price will unfold. The indicator can work on any chart, any instrument, at any timeframe. The indicator has two modes. The indicator is equipped with a control panel with buttons for convenience and split into two modes. Manual mode: To work with manual mode, you need to press the NEW button, a segment will appear. This segment is stretched over the movement and the LVL button is pressed. The level is displayed
Full Forex Market View Dashboard
Opengates Success International
5 (2)
VOLLSTÄNDIGE FOREX-MARKTANSICHT Dashboard-Anzeige Dies ist ein benutzerdefinierter Indikator, der erstellt wurde, um Händlern einen vollständigen Überblick darüber zu geben, was auf dem Markt vor sich geht. Es verwendet Echtzeitdaten, um auf den Markt zuzugreifen und alle Informationen anzuzeigen, die für einen erfolgreichen Handel erforderlich sind. INSTALLATION: Bevor Sie diesen Indikator an Ihren Fenster-Chart anhängen, gehen Sie zum Market Watch Panel Ihres MT4 und AUSBLENDEN Sie al
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