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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Gold Targets are the best trend indicator. The indicator's unique algorithm analyzes the movement of the asset price, taking into account factors of technical and mathematical analysis, determines the most profitable entry points, issues a signal in the form of an arrow and the price level (BUY Entry / SELL Entry) to open an order. The indicator also immediately displays the price level for Stop Loss and five price levels for Take Profit. ATTENTION: The indicator is very easy to use. Install t
A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. Get the dashboard to monitor all instruments and time frames you trade for symmetrical triangle patterns at once! https://www.mql5.com/en/market/product/69169/ MT5 Version Available
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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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