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Round Levels Indicator MT4

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Published: 27 May 2025

Current version: 1.3

Round Levels Indicator MT4

Indicators
Eda Kaya
Version: 1.3

Round Levels Indicator for MetaTrader 4

The Round Levels Indicator is an effective tool designed to identify key price zones and analyze market behavior near major psychological levels. It automatically plots round levels on the chart, helping traders recognize critical decision points. When price approaches these round levels, the indicator provides valuable signals that can suggest potential trend reversals or continuations.

«Indicator Installation & User Guide»

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Round Levels Trading Specifications Table

Key specifications of the Round Levels Indicator are outlined below:

Category	Highly Volatile - Bands and Channels – Levels
Platform	MetaTrader 4
Skill Level	Intermediate
Indicator Type	Continuation - Reversal
Timeframe	Multi timeframe
Trading Style	Intraday trading
Trading Market	All Markets

Indicator Overview

The Round Levels Indicator is essential for identifying price accumulation zones, determining ideal exit points, and planning new entries. These round levels often act as support and resistance, with significant market reactions occurring around them due to the clustering of stop-losses, take-profits, and pending orders.

Recognizing these zones can allow traders to capitalize on price volatility effectively.

Uptrend Conditions

In an uptrend, as seen in the EUR/USD 1-minute chart, the indicator plots round levels like 1.07200 and 1.07210, which are considered key psychological zones. These levels represent areas of high order activity. When the price breaks above these blue lines, it may indicate a valid entry signal for long positions.

Downtrend Conditions

On the USD/CAD 1-minute chart, the indicator illustrates bearish movement with round levels such as 1.39400 and 1.39300. These zones show areas where a large number of stop-losses, take-profits, and pending trades accumulate. When the price falls below these levels, it can present trading opportunities for short positions.

Indicator Settings

Display Settings:

Chart Theme: Choose the visual theme for the chart

Indicator Settings:

Display Type: Select the display format
Show Labels: Enable or disable label visibility
Figure Lines Width: Adjust line thickness for full levels
Figure Lines Style: Choose the line style for full levels
Halves Lines Width: Set thickness for half-level lines
Quarter Lines Width: Adjust width for quarter-level lines
Quarter Lines Style: Choose the style for quarter-level lines

Alert Settings:

Alerts On: Enable alerts
Alerts Message: Text notification for alerts
Alerts Sound: Enable sound notification
Alert Type: Choose between different alert types
Sound File: Specify the audio file for alerts

Conclusion

The Round Levels Indicator is a powerful MetaTrader 4 tool that marks critical price zones known for attracting high market activity. By identifying support and resistance levels, it enables traders to enhance their timing for entries and exits, increasing the precision and effectiveness of their trading strategies.

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Screenshot #1 Round Levels Indicator MT4

Screenshot #2 Round Levels Indicator MT4

Screenshot #3 Round Levels Indicator MT4

Screenshot #4 Round Levels Indicator MT4

Screenshot #5 Round Levels Indicator MT4

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Market Structure Indicator BOS CHOCH MT5 The Market Structure Indicator (BOS-CHOCH) is a specialized ICT-style tool designed for MetaTrader 5 (MT5) . This indicator detects both primary and secondary market character shifts (CHOCH) and breaks in structure (BOS) across multiple levels, offering valuable insights for ICT and Smart Money traders . By helping traders analyze price behavior, it enhances market structure recognition and provides more precise trade opportunities. «Indicator Installati

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Easy Trade Manager Expert in MT5 The Easy Trade Manager Expert is a risk and position management tool for MetaTrader 5 . This specialized product offers a panel for easily setting Stop Loss and Take Profit levels in several straightforward ways. The management panel includes settings, a theme change for the chart, and a Risk to Reward ratio calculation based on user input. «Indicator Installation & User Guide» MT5 Indicator Installation | Easy Trade Manager MT4 | ALL Products By TradingFin

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Three 3TP Easy Trade Pad Expert for MetaTrader 5 The 3TP Easy Trade Pad Expert is an advanced, specialized tool for capital management, risk management, and trading in the MetaTrader 5 (MT5) platform, designed. This expert utilizes a special panel to provide specialized functionalities for trade management. Key features of this expert include setting the risk-to-reward ratio, calculating stop loss , setting multiple take profits , and managing both take profits and stop losses, alongside other

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TP & SL Calculator Indicator for MT4 The Take Profit & Stop Loss Calculator Indicator is a valuable tool designed for the MetaTrader 4 platform . It enables traders to calculate and display the profit and loss for each trade. This indicator features a dedicated management box that provides several essential tools for efficient trade handling, including: Creating Take Profit and Stop Loss levels for buy and sell positions ; Determining trade volume in lots; Displaying the Risk to Reward (R/R) r

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Refined Order Block Indicator for MT4 The Refined Order Block (OBR) indicator is a specialized tool tailored for traders utilizing ICT and Smart Money (SMC) methodologies on the MetaTrader 4 (MT4) platform. This indicator pinpoints bullish order blocks in green and bearish order blocks in brown, assisting traders in recognizing pivotal market zones. Order block regions are critical price areas where substantial institutional orders can heighten the probability of trend reversals or directional

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BOS and CHOCH with Label Indicator MT4 The BOS-CHOCH with Label Indicator is an essential tool for traders who employ ICT and Smart Money trading strategies. Utilizing a sophisticated algorithm, this indicator detects and marks price structure breakouts (known as BOS, or Break of Structure) and shifts in market behavior (CHOCH, or Change of Character) directly on the chart. By showcasing every structural shift and market transformation, traders can efficiently observe both significant and subt

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Easy Trade Manager Expert in MT4 The Easy Trade Manager Expert is a specialized product designed for effective trade management and risk reduction within the MT4 platform. This tool features a user-friendly panel to easily set Stop Loss and Take Profit levels automatically. The management panel includes settings for adjusting chart themes and calculating the Risk-to-Reward ratio. «Indicator Installation & User Guide» MT4 Indicator Installation | Easy Trade Manager Expert MT5 | ALL Product

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ZigZag Indicator for MT5 The ZigZag Indicator is a valuable tool available in MetaTrader 5, designed to highlight the highs and lows on a price chart. By marking pivotal turning points in price—commonly referred to as Pivot Highs and Lows (HH-HL-LH-LL)—it simplifies the process of identifying price trends. In any price movement, consecutive peaks and troughs are formed. Understanding these patterns correctly is essential for recognizing the direction of the overall market trend or short-term fl

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Order Block Void Indicator MT5 The Order Block + Void Indicator in MetaTrader 5 is an advanced tool designed to detect key liquidity areas and highlight them as order blocks. These zones are frequently utilized by institutional traders, making them ideal reference points for determining support and resistance levels. This indicator visually marks bullish order blocks with green boxes and bearish order blocks with red boxes. Additionally, once an order block is consumed, it turns gray to indic

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Three 3TP Easy Trade Pad Expert for MT4 Download The 3TP Easy Trade Pad Expert is a specialized tool developed for capital management , risk management, and trading on the MetaTrader 4 (MT4) platform. This advanced tool, with its functional and specialized panel, allows traders to easily manage their stop loss (SL) and take profit (TP) levels. This expert includes features for setting acceptable loss and expected profit (R/R) and managing trades with advanced options, providing traders with a p

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Risk Reward Ratio Calculator Indicator MT4 The Risk Reward Ratio Calculator Indicator is a practical tool that helps traders easily define take profit (TP) and stop loss (SL) levels, while calculating the risk-to-reward ratio (R/R) for each trade. This indicator includes a management panel where traders can set the TP, SL, and R/R values. The indicator displays TP and SL levels as green and red boxes, respectively. These boxes are adjustable, allowing traders to either manually set the levels

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Fair Value Gap Void MT5 The Fair Value Gap and Void (FVG + Void) indicator is specifically designed for ICT and Smart Money (SMC) traders, utilizing sophisticated algorithms to detect and highlight imbalance zones and FVGs on price charts. This tool is tailored for the MetaTrader 5 (MT5) platform, where bullish FVGs are represented in green and bearish FVGs in brown, allowing traders to quickly recognize critical trading areas. When the price revisits these zones, the indicator marks the portio

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Order Block Void Indicator MT4 Order Blocks represent critical price zones where institutional traders place significant buy and sell orders. These areas often serve as key support and resistance levels on price charts. The Order Block + Void indicator for MetaTrader 4 autonomously marks these order blocks on the chart. One of its notable features is displaying the percentage of the order block that has been utilized, turning the consumed section gray. This tool highlights bullish order blocks

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Market structure indicator BOS CHOCH MT4 The BOS-CHOCH Market Structure Indicator is an ICT-style tool developed for MetaTrader 4 (MT4). It is designed to assist traders who follow ICT methodologies in recognizing shifts in the market’s dominant and secondary trends. By pinpointing structural breakouts and market character changes, traders can refine their technical analysis for more precise decision-making. «Indicator Installation & User Guide» MT4 Indicator Installation | Market structur

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Fair Value Gap (FVG) Indicator for MetaTrader 4 – Download and Guide Traders rely on a variety of tools and strategies to discover profitable investment opportunities. Among these, the Fair Value Gap (FVG) indicator in MetaTrader 4 stands out as a highly effective tool. An FVG represents a price gap within the market structure where supply and demand are not balanced. These gaps emerge during sharp price movements. In simple terms, when three candlesticks form, the gap between the first and thi

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Rejection Block Indicator and Void MT5 The Rejection Block Indicator is a powerful tool designed to detect market reversal zones in MetaTrader 5 . By analyzing candle wicks, this indicator marks crucial rejection block areas where long upper shadows near price highs and lower shadows near price lows act as potential reversal points. Additionally, the Void (absorbed portion) within the rejection blocks is highlighted in gray. Once this void is entirely filled, it signals that the level has lost

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CISD-CSD & BPR Combined Indicator MT5 The CISD-CSD + BPR Combined Indicator is an advanced tool based on the ICT (Inner Circle Trader) trading style in MetaTrader 5. This indicator utilizes the three concepts of "CSD," "CISD," and "BPR" to identify specific zones on the chart and issue trading signals under appropriate conditions. The "CISD" concept comprises four elements: consolidation , impulse , fluctuation , and divergence . Typically, the price exits these zones with a rapid movement ( I

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Order Block Indicator for ICT and Smart Money Trading in MT4 The Order Block Indicator is an essential tool for traders using ICT (Inner Circle Trader) and Smart Money Concepts on the MetaTrader 4 (MT4) platform. This indicator helps identify crucial price zones where institutional orders are likely to be concentrated, allowing traders to pinpoint potential reversals or high-impact market levels. Bullish order blocks appear in green , while bearish order blocks are displayed in brown . When pri

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Trade Assistant Expert TF MT4 The Trade Management Assistant is a specialized trading tool designed to enhance capital allocation and mitigate risks within the MetaTrader 4 (MT4) environment. This expert advisor features an intuitive control panel that facilitates seamless trade execution, risk oversight, and fund distribution. It also incorporates key functionalities such as automatic breakeven adjustments and a Trailing Stop system for optimized trade security. «Indicator Installation & User

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Improved Fair Value Gap Void MT5 The Improved Fair Value Gap (iFVG + Void) indicator for MetaTrader 5 is an advanced iteration of the traditional Fair Value Gap "FVG" indicator. Fair Value Gaps emerge following sharp price movements, marking crucial zones where supply and demand are unbalanced. Price action often gravitates back to these levels. This indicator visually marks bullish Fair Value Gaps (FVG) with green boxes and bearish Fair Value Gaps with red boxes. Additionally, it shades the us

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Download the Laguerre RSI Indicator for MT5 The Laguerre RSI indicator is a powerful trend-following oscillator designed for MetaTrader 5. It can function independently as a trading tool or serve as a supporting confirmation indicator within broader strategies. Unlike the traditional RSI, it significantly reduces signal lag, particularly in extended time frames. Additionally, it employs a gamma (Γ) filter that minimizes price fluctuations, leading to fewer misleading signals. «Indicator In

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Easy Reward to Risk RRR Indicator for MT5 The Easy Reward to Risk RRR Indicator is a powerful trading assistant that streamlines technical analysis. It calculates and visualizes the risk-to-reward ratio in real time. This tool simplifies trading decisions by displaying two distinct areas on the chart a red zone for stop-loss levels and a green zone for take-profit levels . These zones help traders visualize potential losses and gains . «Indicator Installation & User Guide» MT5 Indicator Install

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Improved Fair Value Gap Void MT4 The Improved Fair Value Gap (iFVG + Void) indicator for MetaTrader 4 is an upgraded and refined version of the traditional fair value gap tool. Fair Value Gaps (FVGs) arise from sudden and sharp price movements, creating imbalances between supply and demand, which the price often retraces to fill. The "iFVG + Void" indicator integrates both fair value gap regions and void zones on the chart, offering traders a clearer visual representation. This tool marks bulli

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Unicorn Indicator MT5 The Unicorn Indicator is a sophisticated MetaTrader 5 tool designed to identify price gaps and highlight them using Breaker Blocks on the price chart. A Breaker Block represents an order block that initially gets broken but later acts as a strong support level when the price revisits it. A Unicorn zone emerges when a Breaker Block coincides with a Fair Value Gap (FVG). The indicator visually marks bullish Unicorn zones in green and bearish Unicorn zones in red, displaying

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