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Consolidation levels

Any chart has patterns of consolidation which are also called accumulation patterns.

These are sections where the market has been on the same price level during significant amount of time, and thus it was accumulating positions. After such accumulation, positions are distributing, and the market passes from flat into trend.

The Consolidation Levels indicator is a professional tool which identifies these sections and builds levels according to the price of the market at the moment of consolidation. And these levels represent significant support and resistance levels.

The indicator is designed for intraday trading. Chart period is from 15 minutes to 4 hours. The indicator notifies when the price touches lines. It also has a pop-up Alert window, sends notifications to Email, and makes Push-notifications (Android and iOS smartphones).

Recommended to use on a 30 minutes chart of any trading instrument.

Indicator input parameters:

  • Days - Number of days to display lines.
  • Color line - Color of lines.
  • Width line - Width of lines.
  • Style line - Style of lines.
  • Label - Display of comments to date and price lines.
  • Notification - Select a notification, alert, sending to Email, Push-notifications
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Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
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Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart ► www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
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Sayadi Achraf
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Versão 1.1 2020.03.23
Обновлено для нового билда MT4