Institutional Levels Indicator
FREE
Published:
3 January 2022
Current version:
3.0
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Version 3.0
2024.09.28
- Institutional Levels Indicator now automatically detects key fractal support & resistance points near price levels and creates dynamically sized support & resistance levels.
- Large overall code/resource improvements & optimisation.
- Removed Show Fractals.
- Removed Slippage Zone.
- Removed Show On Chart Comment.
- Added Support & Resistance Level type.
- Added Levels Per Side.
- Added Suggested Trade Level. - The indicator can take key price points found within dynamic levels and offer a suggested trade level.
- Improved Alert function.
- Bug Fixes.
- Recompiled with the latest build to fix any global initialization failure.
- Large overall code/resource improvements & optimisation.
- Removed Show Fractals.
- Removed Slippage Zone.
- Removed Show On Chart Comment.
- Added Support & Resistance Level type.
- Added Levels Per Side.
- Added Suggested Trade Level. - The indicator can take key price points found within dynamic levels and offer a suggested trade level.
- Improved Alert function.
- Bug Fixes.
- Recompiled with the latest build to fix any global initialization failure.
Version 2.0
2022.05.22
- Added 'Show Fractals'.
- Added support for metals and cryptocurrencies.
- Added support for metals and cryptocurrencies.
Version 1.5
2022.04.11
- Added 'Rectangle' line mode.
- Added 'Slippage Zone' input for rectangles size.
- Indicator now searches for fractals to use as Support & Resistance within slippage zones. 'Fractals per zone' controls how many fractals need to be in a zone for it to be considered valid.
- Added Support & Resistance lookback input.
- Added on-chart labels.
- Changed default settings.
- Added 'Slippage Zone' input for rectangles size.
- Indicator now searches for fractals to use as Support & Resistance within slippage zones. 'Fractals per zone' controls how many fractals need to be in a zone for it to be considered valid.
- Added Support & Resistance lookback input.
- Added on-chart labels.
- Changed default settings.
Version 1.1
2022.01.04
- Corrected lowest quarter point line.
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