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- Published:
- 2016.03.25 15:45
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Author: ForexMasterMaker.com
The ideal indicator for those who like to work "by levels". It clearly shows the reversal level, support/resistance levels for the current day.
The indicator is very popular abroad. Very useful for traders who trade any currency pair, as the simple rules (e.g. a reversal of the price chart is very probable "near a PIVOT") will warn the trader against false entries. Similar for the Res. and Sup levels.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7248
BrainTrend2 Stop
The indicator demonstrates the trend stops with multicolor dots. In order to distinguish the targets the BrainTrend2Stop uses Blue and Red dots.
Brain Trend1 Stop
The indicator demonstrates the trend stops with multicolor dots.
Chandelier Exit
Chandelier Exit calculates the trailing stop based either on the maximum value of the maximum price or the maximum value of the close price over a specified period.
Complex Common
Displays the overbought or oversold states of the currencies relative to each other.