Market / MetaTrader 4 / Indicators /

Lighthouse

49 USD

Demo downloaded: 5 596

Published: 15 April 2014

Current version: 3.42

Lighthouse

4.85

Indicators
Daniel Stein
Version: 3.42
Updated: 8 June 2023
Activations: 10

Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies.

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Lighthouse is an outstanding precise and reliable support and resistance indicator.
It displays the most important trading levels and draws them according to their relevance.
If a level is clearly broken, it changes its role and color. Support becomes resistance and vice versa.

Key Features

Automated adjustment to the underlying time frame
Displays only significant support and resistance levels
Immediate graphical response if a level is clearly broken
Thicker drawn SR levels are more important than thinner ones

General Settings

Analysis mode: Select between three different scan modes (intraday, medium and high time frames) or use the automatic adjustment which is set by default.
The automatic mode adjusts the used analysis mode based on the underlying chart time frame.
Sensitive mode: The sensitive mode identifies more support and resistance levels. We recommend using it if you are an intraday trader. Set this to false if you like to reduce the number of drawn SR levels
SR Distance in Pips: This changeable value is the basis for the built-in support and resistance level distance check. It measures the distance between the current price and the next Lighthouse levels. If the current price is closer to the next level than 5 pips, you will see the state „WAIT“. If it's bigger, you'll see "GO".
Fill buffers with: The price values of the SR levels or the results of the built-in calculations. This option is especially for EA developers. Besides the regular values you can request the following values as well: SRDistanceCheckResult, HighestSR, LowestSR, NextAbove, NextBelow. Send a confirmation of your purchase to receive the according code snippets.

Graphical Settings

Display SR check box: Displays the result of the built-in SR level distance check at the left side of your chart. Set to false if you like to hide this check box.
Display Lighthouse levels: This parameter is responsible for all drawn support and resistance levels. If false, the drawn lines are hidden.
Display Levels in the background: Displays all SR levels behind the price candles. Set to true if you like to draw them in the foreground.
Color, Font and Thickness settings: You are able to change the defaults of the text blocks and set your own colors for the drawn support and resistance levels. Create it as you like it best.

Notification Settings

Enable SR distance warning: Set to true and you will get an alert if the price comes close to the next SR level.
Enable SR switch notification: Set to true and you will get an alert if a SR Level changes its role from support to resistance or vice versa.
AlertsOn: You will benefit from several alert and notification options like audio, e-mail or mobile notifications. False disables all alerts.
AlertsMessage: You will get an alert message in your MetaTrader platform.
AlertsSound: You will get an audio notification in your MetaTrader platform.
AlertsEMail: You will get an e-mail if you set up the correct e-mail settings for your e-mail provider at your MetaTrader platform.
AlertsNotification: You will get a notification on your mobile device if you set up the mobile notification settings of your MetaTrader platform.
Soundfile: Enter the name of a sound file to hear an individual audio notification. The selected sound file must be installed in the “Sounds” directory of your MetaTrader platform

more...

183

Ingo Reimann 2023.12.21 16:13 #

The best and most precise product that I have had the pleasure of getting to know in my trading career. I can recommend it to everybody. Since I started using these products, trading has also been working. The support from the developers and the community are also in a class of their own.

248

Chun Man 2022.05.20 16:07 #

Hi, i have bought this light house. Is there any forum or chat group ｔｈａｔ　Ｉ　ｃａｎ　ｊｏｉｎ？

304

Yocrz 2021.07.20 04:33 #

It's ok...Best Indicator..love it

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Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies. Do you want to become a constantly profitable 5-star forex trader? Then get our Stein Investments trading tools and send us a screenshot to get your personal invitation to our exclusive trading chat with 500+ members. The Trade Manager MT5 is the ideal addition for all FX Trend users which like to use a fully automated trade management. It detects your manually opened trades imme

49 USD

SIEA ZEN - major update Default risk live signal Dynamic risk live signal TRADING STYLE SIEA ZEN trades all 28 trading pairs based on the 8 major currencies, USD, CAD, EUR, CHF, GBP, AUD, NZD, and JPY. Our unique volume analysis determines market imbalance and how intense they are to spot reverse entry opportunities. SIEA ZEN closes all its positions at the end of every month and starts a new cycle at the beginning of the next month. In this way, we'll achieve an awesome

449 USD

Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies. Do you want to become a constantly profitable 5-star forex trader? Then get our Stein Investments trading tools and send us a screenshot to get your personal invitation to our exclusive trading chat with 500+ members. This Trade Manager is the ideal addition for all FX Trend users which like to use a fully automated trade management. It detects your manually opened trades im

49 USD

SIEA ZEN - major update Live signals We recommend using the SIEA MT5 versions to run realistic real-tick multi-symbol backtest. TRADING STYLE SIEA ZEN trades all 28 trading pairs based on the 8 major currencies, USD, CAD, EUR, CHF, GBP, AUD, NZD, and JPY. Our unique volume analysis determines market imbalance and how intense they are to spot reverse entry opportunities. SIEA ZEN closes all its positions at the end of every month and starts a new cycle at the beginning of the ne

449 USD

Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies. Do you want to become a constantly profitable 5-star forex trader? Then get our Stein Investments trading tools and send us a screenshot to get your personal invitation to our exclusive trading chat with 500+ members. Crosshair is a fantastic tool that simplifies our chart analysis by bringing the price candles perfectly in line with the indicator values in the subwindows.

49 USD

SI Connect is a utility that establishes the connection to our servers to use FX Volume or the SIEA trading systems. Technical instructions to prepare your terminal for the usage of SI Connect Allow web requests and insert https://stein.investments to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors . You need only one running EA instance per terminal, but it has to run constantly in the background to grab the latest data from our data centre. In case of quest

FREE

Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies. Do you want to become a constantly profitable 5-star forex trader? Then get our Stein Investments trading tools and send us a screenshot to get your personal invitation to our exclusive trading chat with 500+ members. Crosshair is a fantastic tool that simplifies our chart analysis by bringing the price candles perfectly in line with the indicator values in the subwindows. You

49 USD

Filter:

183

Ingo Reimann 2023.12.21 16:13 #

90988

Reply from developer Daniel Stein 2023.12.21 16:28 #

Dear Ingo, thank you very much for your outstanding feedback. It's highly appreciated, and we're more than happy having members like you in our trading group. 🙂

379

atssolog 2023.10.02 20:10 #

A wonderful tool

90988

Reply from developer Daniel Stein 2023.10.02 20:12 #

Thank you very much. 🙂 In case of questions, drop a line, and I'll assist.

248

Chun Man 2022.05.20 16:07 #

Hi, i have bought this light house. Is there any forum or chat group ｔｈａｔ　Ｉ　ｃａｎ　ｊｏｉｎ？

90988

Reply from developer Daniel Stein 2022.05.20 17:40 #

Hi Chun Man, yes, there is a customer group chat, and I sent you an invitation for it via private message.

304

Yocrz 2021.07.20 04:33 #

It's ok...Best Indicator..love it

199

271811 2021.06.01 12:37 #

STAY AWAY!!!Piece of crap!!! Don't waste your time! Draws to many lines only to confused you!! There are free indicators better than this!!

90988

Reply from developer Daniel Stein 2021.06.01 12:54 #

Lighthouse offers a "sensitive mode" that is active by default. If you want to see only the most relevant SR levels on your chart just deactivate the "sensitive mode" in the properties.

145

daduduxiong 2021.04.23 13:54 #

hello, Daniel, I don't know why i can't load the lighthouse in chart this week?

90988

Reply from developer Daniel Stein 2021.04.23 14:04 #

Please follow this link to get a solution https://www.mql5.com/en/forum/367787#comment_21984263

766

Raymond Kelley 2021.04.08 18:29 #

Very easy and accurate view of Support and resistance, without having to draw them yourself. Top notch indicator and support staff.

137

Stanley Gabriel 2020.07.22 06:46 #

Thanks Daniel.. I had great support from you. Your indicator give me confidence to trade and make some profit.

275

FauFau60 2020.07.18 11:47 #

Very usefull indicator, great stuff !

141

Ackerwald 2020.07.03 09:28 #

A really helpful tool and a very good support !!!

104

Oscarzz 2020.06.28 15:36 #

Hi Daniel, Could you add me to the telegram group, I bought lighthouse and FX trend. Many thanks, Oscar

236

suresh2425 2020.06.17 12:34 #

Very Nice indicator for forex trading

3631

Eduardo Zuloaga 2020.06.15 13:36 #

If you want to get full advantage of this tool, you should buy all of them : FX Power, FX Trend, FX Lighthouse and rent FX Volume. But is not for newbies, you need some Forex Trading knowledge and of course you have to study and learn how to properly use this tools. You also will get a fantastic plus with the Telegram Group to get full support and share trading ideas. In my honest opinion and after 3 years jumping from one signal to another and spending thousands on worthless EAs, I finally found an eye opener to be confident to trade manually.

253

Mustafa Cetin 2020.06.01 05:26 #

very nice tool

1089

richard whittle 2020.05.01 18:47 #

User didn't leave any comment to the rating

Robert Cantatore 2020.04.02 15:50 #

thanks so much for this awesome indicator I am learning to mark up better support and resistance to make better trades. I can learn with this indicator being a big help and making some more pips. thank you.

482

Francis K N Ho 2020.03.26 05:16 #

Best support and resistance levels indicator that I'd use. Accurate levels for intraday as well as medium term trading. Highly Recommended.

205

Keulen4711 2020.03.20 10:37 #

Very useful indicator

259

Jack Hudson 2020.03.17 14:15 #

Another outstanding tool. Combined with FX Trend and FX Power it's reduced the stress of trading even intraday to a level I never thought possible. In addition I can say after trading full time since Oct. 2016 the community of traders along with Daniels Daily Market Overview is something I have never seen. Veterans, Mid Level, and new traders alike all get along with no ego trips and lots of interesting sharing as you see people post different ways they use the tools on their charts.

104

gusamg 2020.03.05 04:50 #

So far it seems to be a great tool! I'm learning how to combine with the FX Power and FX Trend, good quality products.

1 2 3 4 5

Version 3.42 2023.06.08

Fixed a bug that led to multiple alerts of the same level switch

Version 3.41 2020.09.21

Further improvement of our new in-display function

Version 3.39 2020.09.21

Reactivated EACall mode for iCustom requests

Version 3.38 2020.09.18

Show/hide the SR levels with just one click on the "Check" label in the SR checkbox

Version 3.36 2020.05.03

Optimized data handling

Version 3.34 2020.02.18

Fixed level draw bug when markets are closed

Fixed pointer issue when several instances were used on the same chart

Version 3.31 2019.02.26

Now it's possible to switch the analysis modes directly on the chart
with just one click on the modes label below the GO/WAIT status

Version 3.25 2018.03.08

Now it is possible to run more than one Lighthouse instance per chart.
This allows you to run and compare different analysis mode settings.

Version 3.21 2018.02.14

Improved calculation performance

Version 2.7 2017.05.24

Redesign of SR analysis modes!
You can choose between three different modes like intraday trading, medium and high time frames
or use the new automatic mode adjustment based on your underlying chart time frame (default)

Redesign of the Lighthouse properties

The position of the SR checkbox will now be saved permanently

Version 2.6 2017.05.12

Bug fixed

Version 2.5 2017.04.17

Added the opportunity to change the thickness of the support and resistance levels

Version 2.4 2017.02.24

Bugfixes

Version 2.3 2017.02.14

Fixed minor notification bug with price digits

Version 2.2 2017.01.26

Added drag&drop to move Lighthouse SR check panel

Version 2.1 2016.12.14

Lighthouse displays exact price of SR level at mouseover

Version 2.0 2016.10.10

Re-positioning of Lighthouse SR check panel

Added new alert if price comes close to an SR level

Added new buffers with detailed information about MinSRLevel, MaxSRLevel, NextAbove and NextBelow

Version 1.9 2016.06.02

- Deactivated sunday candle input parameter
- Added automatic detection of sunday candle

Version 1.8 2015.03.23

Added the possibility to hide the SR check box

Version 1.7 2015.01.29

Added extended level scan functionality for better usability on H1 and higher timeframes

Version 1.6 2015.01.14

Fixed graphical bug if called by EA

Version 1.5 2015.01.08

Added the option to show SR Levels in background / foreground

Version 1.4 2014.09.01

- Redesigned deinitialization sequence.
- Added built-in fully automated SR level distance calculation.
- Added Lighthouse SR Check display.

Version 1.3 2014.07.21

Added several alert options like E-Mail, Terminal Message or Notification Service for mobile devices to keep you informed in detail if a Lighthouse Level is clearly broken and changes it's role from support to resistance or vice versa.

Version 1.2 2014.06.18

Improved calculation method.

Version 1.1 2014.04.28

- Added accessible buffers for EA developers.
- Added sensitive calculation mode option.