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  • Reviews (1)
  • Comments (7)

FX Levels Indicator

FX Levels indicator is a very useful and powerful indicator to trade Forex and Binary Options. The purpose of the indicator is to draw levels that are turning points in the market.

These lines show support and resistance levels and should be used as guideline to figure out possible turning points and targets. The indicator draws these levels analyzing the H1, H4, D1 and W1 timeframes.

Levels can be customized (color, style, line width).


Inputs

  • Prefix - prefix used by broker (for instance if symbol is called xGBPUSD then Prefix is x).
  • Suffix - suffix used by broker (for instance if symbol is called GBPUSDfx then Suffix is fx).
  • Show W1 - show levels identified in the W1 time frame.
  • Show D1 - show levels identified in the D1 time frame.
  • Show H4 - show levels identified in the H4 time frame.
  • Show H1 - show levels identified in the H1 time frame.
  • LineColor_ - define color of level to be drawn for the given time frame (W1, D1, H4, H1).
  • LineStyle_ - define style of level to be drawn for the given time frame (W1, D1, H4, H1).
  • LineWidth_ - define width of level to be drawn for the given time frame (W1, D1, H4, H1).

Indicator only works with following pairs for now:

  • EURUSD
  • GBPUSD
  • USDJPY
  • USDCHF
  • AUDUSD
  • NZDUSD
  • USDCAD

We might release version for more pairs or classes of assets (stocks, commodities) in the future depending on the demand for these enhancements. You can draw the levels in any time frame. For instance you can draw W1 levels in a M5 chart.

The indicator can be used to trade Spot Forex and also Binary Options, Options, and Futures.

Reviews 1
Alessio Del Maschio
339
Alessio Del Maschio 2017.05.03 22:17 
 

Good Level Indicator

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Garry James Goodchild
(G-Cash Dash ) -Market Makers Cycle and trend identification dashboard  Ideal to help you profit against the market maker. The Perfect tool for Market Makers Method and any trend following strategy  Identify  -Cycle direction, Peak High Peak low - Cycle projection  -Symbol changer- No need to change charts on the dashboard  Status - showing how far into the cycle the pair has been  Real time status - Showing where pair is currently in the cycle in real time . ADR- Average daily range in pips of
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HighLow Arrow Indi Free Version
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Renaud Candel
HighLow Arrow is a simple indicator to be used to signal major lows and major highs in your chart. This indicator is not intended to be used to trade. It is just a visual help to have clean chart and see price action. The HighLow Arrow is used by traders using the Micro Trend System ( https://www.mql5.com/en/market/product/20589 ). In this case the HighLow Arrow indicator signals that a new high or a new low is forming and that traders can prepare for seeking new signals with the Micro Trend Sys
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Alessio Del Maschio
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Alessio Del Maschio 2017.05.03 22:17 
 

Good Level Indicator

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