Gold Levels MTF MT4

4.67

Gold Levels MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price, displays price levels of support and resistance from all time frames (TF) using the Murray method based on the Gann theory. The indicator indicates overbought and oversold fields, giving an idea of possible reversal points and at the same time giving some idea of the strength of the current trend.

 

Description of levels:

(Extreme Overshoot) - these levels are the ultimate support/resistance. After the price breaks through these levels, the indicator automatically recalculates and sets new levels. The reason behind the new calculations is the narrowing and expansion of the range of price fluctuations per unit of time / volatility.

(Overshoot) - is a weak level. If the price has gone too far and too fast and if it has stopped near this level, then it will turn quickly upward. If the price does not stop near this level, it will continue to move.

(SUP / RES) - these levels are the strongest and provide the strongest resistance and support.

(Stop & Reverse) - is a weak level. If the price has gone too far and too fast and if it has stopped near this level, then it will turn down quickly. If the price does not stop near this level, it will continue to move.

(Reverse) - these levels are capable of completely reversing the price movement.

(Top Trading Range) - if the price tends to remain above this level, then it will remain higher. If, however, the price falls below this level, then it is likely to continue fall further to the next resistance level.

(Bottom Trading Range) - if prices are below this level and move up, then it will be difficult for the price to break through this level. If they break through this level and remain above it for 10-12 days, then prices will remain above this level.

(PIVOT) - is the main resistance/support level. This level provides the greatest resistance/support. This level is the best for a new purchase or sale. If the price is above this level, then this is a strong support level. If the price is below this level, then this is an excellent resistance level.

 

Benefits of the indicator:

1. The indicator displays price levels with high accuracy.

2. You can trade on the MetaTrader 4 trading platform of any broker.

3. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices etc.).

4. You can trade on any timeframes (H1-H4 medium-term trading / D1-W1-MN long-term trade).

5. The indicator can be used as an excellent main addition to your trading system, as well as an independent trading system.

 

Version of the Gold Levels MTF indicator for MetaTrader 5 

I wish you all good luck in trading and stable profit!  

Reviews 4
Zig Zag
64
Zig Zag 2025.11.04 17:19 

Молодец, классно работает!

tausendjuwel
34
tausendjuwel 2025.10.08 23:55 

Das ist ein Super Indikator

tosh21
14
tosh21 2026.07.17 09:08 

It is one of the best indicators my only problem is when the time frame is over eg 15min,1hrs the line of support and resistance change from the continuous straight solid lines to doted lines wish there was a way to keep them thus but apart from that its a great indicator.

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THE ONLY CURRENCY STRENGTH INDICATOR BUILT ON PRICE ACTION Most currency strength meters average an oscillator, or measure how far price has travelled. But these are not accurate measures of trend, Currency Strength Matrix measures trend strength, not just if a currency price has gone up or down. Currency Strength Matrix reads market structure . For each of the 28 major pairs it finds the confirmed cycle highs and lows, and decides whether that pair is in an uptrend, a downtrend, or neither. A
Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and c
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tosh21
14
tosh21 2026.07.17 09:08 

It is one of the best indicators my only problem is when the time frame is over eg 15min,1hrs the line of support and resistance change from the continuous straight solid lines to doted lines wish there was a way to keep them thus but apart from that its a great indicator.

Zig Zag
64
Zig Zag 2025.11.04 17:19 

Молодец, классно работает!

tausendjuwel
34
tausendjuwel 2025.10.08 23:55 

Das ist ein Super Indikator

Didik
144
Didik 2025.08.25 08:05 

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