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Draw My Levels

If you like this product, please leave a 5 start review!


This script is fantastic! You need it. (note that it is a script, not an indicator)

Drag and drop on the chart to mark your levels.

It adds two lines (top and bottom) for the level and then fills it in with color

Shows the timeframe of the chart that the level was drawn on.

Drop the script on the most recent bar in the zone. The script looks at this bar and a 3 bars before it, then draws the level. If price is right where you are drawing the level, drop the script either on above or below the bid the make sure the correct type of level (color) is drawn.


Each time you drop the script on the chart a message box pops up

  • Press YES to draw the new level
  • Press NO to redo the level drawings (in case you have moved the objects, it will realigns the color infill to the lines
  • Press CANCEL to remove ALL level from the chart, and it will not remove other objects. It will only remove the level added by this script

When the level is drawn, the fill color will not update (this is on purpose). This tells you when you drew the level. To extend the fill to the current time, drag and drop the script onto the chart and select "No" (to automatically redraw the levels)

Pro tip: If you're looking at the daily chart and the level you draw is too wide, go to a lower timeframe such as a 4 hour and draw the level. Remember, the level is drawn using the candle you drop it on and the 3 previous candles. Try it! Pick the timeframe that suits best to draw the level.

Pro tip 2: If you need to adjust the levels, the upper and lower lines are actually the fib tool. Click on the top left of the object to select it, then move it as desired.

Put it in your favorites, even add a hot key to use it easily and effortlessly.

Once you find the levels to trade, use the Multi Anchored VWAP to help you understand if the buyers or sellers are in control. You can get it here https://www.mql5.com/en/market/product/82560

I also have a utility available to manually identify and moves stops, check it out, it is very helpful Click Here



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Exp-Averager  is designed to Average your trades that have received a certain drawdown by opening averaging trades. The advisor has the ability to open new positions in on trend or against the current trend.  It also includes a smart trailing stop feature that applies to a series of positions.  The advisor can increase or decrease the lot size of the positions.  This is a widely used strategy for bringing losing positions to the average price.        MT5 version Full Description +DEMO +PDF  
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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Multi Anchored VWAP
Brian Derich
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Anchored Volume Weighted Average Price (AVWAP, or Anchored VWAP). Tells you who is in control, the buyers or the sellers. Better than all other moving averages because it adds weight to the traded volume. This technique was made popular by Brian Shannon of Alphatrends. It is calculated by multiplying typical price by volume, and the dividing by total volume. It is very simple to use. 1. Press a number from 1 to 9 on the keyboard, then click the chart where you want to anchor the VWAP. 3. Hold C
If you like this product, please leave a 5 start review! Monitors symbols and shows you which one are the most active for the 3 different time frames you select. Shows volume and spread as well. Good for scalpers or short term traders. Forex is 24 hours, so knowing which pair is active is key to entering with good spreads and catching moves in an active market. This utility attached to a chart and shows you which pair is active, the list is auto sorted, active pairs move to the top of the list
What does this do? It shows you on the chart which stop belongs to which entry.  Have you ever had multiple positions or trades open on a single pair and were confused which stop loss goes with what entry? Even worse, the stop loss orders for buy and sells are the same color on the chart. Well, your problem has been solved! This indicator will show you which stop belongs to which entry.  It will place a vertical line and an arrow on the chart for each open trade. A yellow line connects the entry
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paddock
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paddock 2023.05.20 02:32 
 

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Brian Derich
1137
Reply from developer Brian Derich 2023.06.27 03:33
Thank you!
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