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Five TT Round Numbers Indicator

Like Support and Resistance levels, Round Numbers refer to price levels ending in one or more zeros, such as 125.00, 1.0350, 0.8750, 74.50, etc. These are psychological levels where financial institutions and traders expect price to either stall, retrace or breakthrough. On a price chart these figures are generally considered to rule off levels at the 50 and 100 mark.

5TT Round Numbers Indicator makes it absolutely easy for the trader to identify these levels on the chart without the laborious and time-consuming exercise of manually drawing these lines themselves.

The Indicator in split seconds draws these lines on any chart and more interestingly, as price advances, the Indicator also draws lines at levels which were previously not visible.



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Like Support and Resistance levels, Round Numbers refer to price levels ending in one or more zeros, such as 125.00, 1.0350, 0.8750, 74.50, etc. These are psychological levels where financial institutions and traders expect price to either stall, retrace or breakthrough. On a price chart these figures are generally considered to rule off levels at the 50 and 100 mark. 5TT Round Numbers Indicator makes it absolutely easy for the trader to identify these levels on the chart without the laborious a
In Forex trading, the Open price of a new period is usually the same as the close price of the preceding one. If a new period opens at a price significantly different (higher or lower), this gives way to a Gap scenario. This suggests an imbalance in the price action. Price tends to move during the new period to cover the gap created. This move presents consistent buying and selling opportunities; hence potential to make profit. There are two types of Gap scenarios 'Gap Up' - Open price of the ne
Risk Management is one of the most critical elements of profitable trading. The 5TT Risk Management Tool is very effective at helping Forex traders calculate the lotsize to any trade; straight on the MT4 charts. The Tool will also display the actual Dollar value of the risk pre-selected. No indicator parameters required. All data input is done on the Tool displayed on the each chart on which the indicator is placed. FOllow the accompanying video here...
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