Strong Levels MT4

This indicator draws strong price levels (price consolidation levels).

The levels are plotted using 2 MA indicators and 1 MACD using a complex algorithm. The algorithm used in the EA is also in personal use. 


These levels have 4 variants (colors of the variants can be customized):

  • strong up,
  • weak up,
  • strong down,
  • weak down.

In turn, a weak level usually appears and then it can become strong. A strong level can also become weak.

Parameters

  • BARS for analytics - the number of bars used for analysis. The more bars are used, the more levels are plotted and the less reliable they are. Observations show that the optimal number of bars is 200.
  • Need Comment - output logs.
  • Coefficient (delete level after RETEST) - coefficient for deleting levels based on the algorithm of level retest by the price and MA.
  • MACD_fast, MACD_slow, MACD_signal, MACD_price - MACD period parameters.
  • MA_period_1, MA_method_1 - parameters of the 1st MA.
  • MA_period_2, MA_method_2 - parameters of the 2nd MA.
  • MA_shift, MA_price - general parameters of MACD.
  • Trend zone (min BARS), Correction zone (min BARS), Transit zone (min BARS)  - the minimum number of bars for assigning the MACD status, the recommended value is 3.
  • clr_LEVEL_strong_UP, clr_LEVEL_strong_DOWN, clr_LEVEL_low_UP, clr_LEVEL_low_DOWN - colors of the levels.


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Utilitários
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Utilitários
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Utilitários
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3.4 (5)
Utilitários
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Utilitários
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Utilitários
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Prafull Manohar Nikam
Utilitários
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Experts
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Experts
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Experts
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Experts
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Mikhail Mitin
Experts
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Boxmaster ParSar and MA MT4
Mikhail Mitin
Experts
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Mikhail Mitin
Experts
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BoxMaster Strategy Maker PRO
Mikhail Mitin
Experts
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Chart in Chart
Mikhail Mitin
Utilitários
You can: observe the price chart inside the chart of a different price evaluate correlation and relationships observe the difference in charts in the form of a histogram Opportunities: "Auto" mode - auto-adjust the chart for another chart "multiplier" - you can multiply the chart by any number shift up / down the chart by value shift the chart to the left "invert" - mirror flip of the chart Important: only charts added to MarketWatch are used Version for MetaTrader 5 -  https://www.mql5.com/e
Nairobi
Mikhail Mitin
Experts
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Makkasar
Mikhail Mitin
Experts
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Mikhail Mitin
Experts
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Mikhail Mitin
Experts
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