AlgoTrade Round Number Levels

AlgoTrade Round Number Levels draws round price levels around the price and shows on a card the levels just above and below, the distance to each, and how many times the price visited each one today. It reads data only.

What it does

  • Major levels: 100 pips on forex pairs, or a step of about 1% of the price on other symbols (for example 50 on gold). You can also set the step yourself.
  • Minor levels: 50 pips on forex, or a smaller step such as 10 on gold. Quarter levels (25 and 75 pips) can be turned on.
  • Lines across the chart for the levels around the price: major solid, minor dashed, quarter dotted. Colors fit a dark or a light chart, or can be set in the inputs.
  • A card that shows where the price is (for example between 1.08500 and 1.09000), the distance to the nearest level above and below, and the three levels on each side with their distance in points.
  • Shows how many times the price visited each listed level today, from M5 bars since the start of the day in server time.
  • Optional alert when the price crosses a major level or any level shown, with an optional push notification to your phone. Levels crossed by the same move come in one alert.

How to use

  • Attach the indicator to any chart. Leave the major step at 0 for the automatic step, or set your own in the inputs.
  • Click "Fold" to show a single line, or "Show" to display the full card. The card corner can be changed in the inputs.

Inputs: major step, minor levels, quarter levels, levels drawn above and below, lines, line colors, alerts and push notification, card corner.

Please read

  • This indicator reads data only and does not open, modify, or close trades.
  • For questions or feature requests, please post in the comments section on this page. Your reviews help us plan updates.

Made by AlgoTrade Pte. Ltd. Trading always carries risk. Past results do not guarantee future results.

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