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Halfway House


Halfway House.

How To Use

This indicator is very simple to use. You are provided with a total of 5 tradable levels and a trend-line.

  • 2 Bullish Levels (Green Lines)
  • 2 Bearish Levels (Red Lines)
  • 1 Switch-line Midpoint (Black Line)
  • 2 Trend-line (Bullish and Bearish)

If price is above the Black Line, You will be looking for bullish trades

If price is below the Black Line, You will be looking for bearish trades

The trend-line may be used as a guide.

  • Vertical black line change represents weekly change and update of all Horizontal levels
  • This is not a repainting indicator therefore even if certain levels are not respected, the lines will not change until the week ends
  • Use along with your analysis
  • Next level may be used as a take profit target. You may need to be cautious of rejections along the way
  • Exclusive to M15, M30, H1 & H4.
  • Try opening positions closer to each of the levels so as to reduce your risk

Please note that arrows only appear on the Switch Line (Black Line) when it gets touched by price.

Do not rely sole on this indicator.


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Middle Men. Please Note: The latest update (V2.00) supports all symbols and multi Timef rame view. How To Use Suppo rt and  Resistance lines will update eve ry week p r oviding  relevant   tradable levels Vertical line change represents weekly change and update of levels This is not a  repainting indicato r the refo re  even if certain levels are not respected, the lines will not move Use along with you r analysis Next level may be used as a take profit target. You may need to be cautious
Black Elements Gold   is a professional Multi-Time frame price action based indicator that calculates the weekly trend.  This indicator is coded using multiple algorithms crafted specifically for each section it provides. Each week, you will be provided the following: Two horizontal base lines a weekly limit line a daily 'high' or 'low' line per day trade entry signal Pip Calculator     pip value     pip peak     pip limit How it works: Two Horizontal Base Lines if the two base lines are
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Version 1.30 2023.03.23
* Information Table
* Price Points
* Last Known Switch Line Arrow Touch
Version 1.20 2023.03.21
* Added Arrows On the Switch Line
Version 1.10 2023.03.18
General Update