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Hot Level Lines

About this indicator

This indicator displays the OHLC values ​​of all selected timeframes for the specified candles number in the form of lines.

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What is the idea behind this indicator?

As you know, support/resistance areas provide good trading opportunities for traders.

One of the best ways to detect these areas is to use the High, Low, Close (or even Open) values ​​of the previous candles.

Areas obtained from higher timeframes usually have more power and credibility. 

By using this indicator, you can have OHLC values ​​for any number of previous candles, as lines, on your chart.

You can find the area with more credibility by choosing to do the calculation for more candles and overlap the different lines and the density created by them.

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Will the chart get too crowded?

Personally, I hate crowded charts!

So after identifying the area, you can easily hide the drawn lines

And

Even better, shift the lines to the left side of the chart as desired.

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More customization

You can customize the drawn lines.

Determine its color, size and length.

You can also display the price on each of the lines.

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How to use?

For this indicator, I have uploaded an Animated Gif file in the Screenshots section and in it,

I have shown the description of each section.

For more convenience and readability, I set the time of each frame to 12 seconds.







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The Expert Advisor will protect your account from unexpected losses by constantly monitoring the equity and follow the rules as per input in the parameters.   When the rules are breached the EA will close all trades.   You can set the EA to close all trades at a certain percentage or money loss, or to close at a certain percentage or money profit.   This utility is very useful for Prop Trading Challenges to keep the draw down low and to protect your equity! My signals and other products can be f
OrderManager MT4
Lukas Roth
4.63 (19)
Introducing the OrderManager : A Revolutionary Utility for MT4 Manage your trades like a pro with the all-new Order Manager utility for MetaTrader 4. Designed with simplicity and ease-of-use in mind, the Order Manager allows you to effortlessly define and visualize the risk associated with each trade, enabling you to make informed decisions and optimize your trading strategy. For more information about the OrderManager, please refear to the manual. [ Demo ]  [ Manual ]  [ MT5 Version ]  [ Telegr
TPSpro Trade PRO
Roman Podpora
5 (3)
-  Version MT5  (Coming soon) An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility  TRADE PRO   provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over th
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Version 2.1 2021.02.27
- Slight improvement in performance
- Select more timeframes in the demo version