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Multi Level Trend Swing

Multi Level Trend Swing is an indicator that identifies the most accurate buy/sell swing points with the highest probability, based on multi-level Zig Zag Swings. The indicator paints arrows at the Higher Highs, Higher Lows, Lower Lows and Higher Lows in the chart, but based on two level Zig Zag Swing. If the fast price swing is in line with the trend of the slow price swing, then the buy/sell arrows are biggest. If the price swing is against the trend, dots are displayed to signal a Higher High or a Lower Low. In this condition the market is trending and trading against the trend should be avoided unless very strickt risk management with corresponding Stop loss orders. The purpose of the indicator is to identify the most accurate buy/sell swing points and to assist trading in line with the fast and slow trend.

By default the fast Zig Zag is 12, the slow Zig Zag is 50. These setting as wel as arrow colors can be configured in the parameters for both swings.

The indicator repaints but the purpose of the indicator is to :

  • See the market trend
  • See the fast- and slow swing condition of the market
  • Identify accurate buy/sell entry points with the highest probability
  • Avoid market entry against the trend !
Close to the current price the indicator also displays the next "upcoming" swing type.

There is a demo version of this indicator available to use in Strategy tester.

The indicator will only display future signals as soon as it is attached to the chart.
You will immediately notice the use and the effectiveness of this indicator.

Thanks for sharing, if you are happy please leave a positive review and a comment
Don't hesitate to contact me for support, issues or in case you are not happy.

IMPORTANT : Some calculations are based on the default Zig Zag indicator, which should be present in the root indicators folder.

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Eine persönliche Implementierung von Order Blocks, einer einfachen, aber effektiven Positionshandelsstrategie. Der Trader sollte in den Markt einsteigen oder nach Trades in Richtung des letzten Orderblocks suchen, wenn die Preisspanne nicht in die entgegengesetzte Richtung des Ausbruchs durchbrochen wurde. Offene Blöcke sind aus Gründen der Übersichtlichkeit nicht gezeichnet. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Ein zinsbullischer offener Block i
Dieses Dashboard entdeckt und zeigt die Angebots- und Nachfragezonen auf dem Chart an, sowohl im Scalping- als auch im Long-Term-Modus, je nach Ihrer Handelsstrategie für die ausgewählten Symbole. Darüber hinaus hilft Ihnen der Scanner-Modus des Dashboards, alle gewünschten Symbole auf einen Blick zu überprüfen und keine geeigneten Positionen zu verpassen / MT5-Version Kostenloser Indikator: Basic Supply Demand Merkmale Ermöglicht Ihnen die Anzeige von Handelsmöglichkeiten für mehrere Währung
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Tumelo Patrick Rakotsoane
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Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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