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Experts: Simple Levels

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Automated-Trading
Admin
106105
Automated-Trading  

Simple Levels:

EA opens trades from support and resistance levels which were set by a trader.

Author: Vladimir Tkach

Taufiq
152
Taufiq  

Interesting concept, Vladimir.

It will be much greater if you could suggest the profit targets.

Thank you for the idea.

Vladimir Tkach
23046
Vladimir Tkach  
The next level could be as a first target. The opened deal could revolve at it and change direction. Also we can use here sl trail, or fixed values. Such ideas applyed to my market-version Levels Work. There is a video manual in its description where shown such features.
Luc Levesque
1079
Luc Levesque  

Thank you Vladimir. I looks very interesting.

Is it normal if I have 3 arrows for each line I draw?

Vladimir Tkach
23046
Vladimir Tkach  
No. It is incompatible directions, line is thin - "off". You have to leave only green arrow, or blue and red, or only blue or red. In these cases line is thick - "on".
Luc Levesque
1079
Luc Levesque  
Thanks a lot!
Luc Levesque
1079
Luc Levesque  

Green = rebound ?

Blue or red = breakout ?

Am I right ?

Vladimir Tkach
23046
Vladimir Tkach  
Luc Levesque:

Green = rebound ?

Blue or red = breakout ?

Am I right ?

vice versa
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