LevelSketch Color Levels Drawing Tool

LevelSketch Color Levels Drawing Tool

LevelSketch Color Levels Drawing Tool is a professional manual chart-marking indicator for MetaTrader 5.

It is designed for traders who want a fast and clean way to draw Color Levels, support and resistance areas, and measurement rulers directly on the chart.

Main Features

  • Five customizable Color Zones
  • Short horizontal Support and Resistance segments
  • Blue and Red measurement rulers
  • Compact on-chart toolbar
  • Built-in Color Settings panel
  • Extended 18-color palette
  • Hide / Show chart objects
  • Undo the last object
  • Clear all LevelSketch objects
  • Collapsible toolbar
  • Horizontal level locking
  • Minimum horizontal level length of 20 bars

Color Settings

The Color Settings panel allows you to quickly customize the colors of Z1, Z2, Z3, Z4, Z5, L-S, L-R, M-B and M-R.

How It Is Used

Use the Color Zones to mark important areas, L-S and L-R for short support and resistance levels, and M-B / M-R to measure chart movement. The toolbar also provides quick Hide, Show, Undo, Clear and Collapse controls.

Important

LevelSketch is intended for manual chart analysis and visual market organization. It does not generate automatic buy or sell signals, does not open trades, and does not guarantee trading results.

Suitable for price action, support and resistance, supply and demand, intraday and swing traders.

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