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LevelsPivotMt4

2

The LevelsPivotMT4 plots the pivot points and forms the support and resistance levels. The indicator does not repaint.


Default colors

  • Yellow - pivot point.
  • Green - resistance levels R1, R2, R3.
  • Red - support levels S1, S2, S3.

Installed similar to any standard indicator.


Analysis rules

Trade the rebound from support or resistance lines. Accordingly, the target is the central line (the pivot point, yellow by default).

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First of all Its worth emphasizing here that this Trading Tool is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders. It packs more than 20 useful indicators into one, combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies. This indicator focuses on Smart Money Concepts, providing i
Up Down V9
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5 (1)
indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
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Auswahl:
Tim Eubanks
5733
Tim Eubanks 2018.03.16 05:44 
 

Crowds the chart with spaghetti

Antwort auf eine Rezension
Version 2.0 2017.10.10
Fixed minor error in the graphical display of the indicator.