Box Levels Pro
- Göstergeler
- Sürüm: 1.0
BoxLevels Pro automatically plots the previous day’s high/low box with a midline and labels, then detects breakouts in the next session with directional arrows. It’s a clean, fast tool for range, breakout and mean-reversion strategies on FX, indices, metals, and CFDs.
Why it works
Yesterday’s range often acts as a key liquidity zone. The first clean break in the following session can trigger directional volatility—BoxLevels Pro highlights these moments and filters weak breaks with distance rules.
Key Features
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Previous Day Box: High, Low, and Midline rendered as a shaded box.
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Next-Session Breakout Arrows: Signals after N consecutive closes beyond High/Low.
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Distance Filters: Minimum distance from the level by Auto / Points / Pips / % of Range (+ optional points floor) to reduce false breaks.
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Session Start (UTC): Fully configurable to align with your market session.
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Labels: H/L/MID values printed near the box for quick reference.
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Custom Styling: Colors, borders, fills, line styles, and arrow size/offset.
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Lightweight: No buffers or repaint gimmicks—draws historical levels consistently.
Inputs (Overview)
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Style & Colors: Border, width, style, fill, background drawing, prefix.
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Midline: Color, width, style.
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Labels: Colors for High/Low/Mid, font size, position from right edge.
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DaysBack: Number of historical boxes to display.
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Session Start (UTC): Hour and minute to define the trading day.
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Breakouts: Enable/disable arrows, ConsecutiveBars, arrow size and offset.
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Min Distance Mode: Auto / Points / Pips / %Range + MinDistanceValue and PointsFloor.
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Debug: Optional diagnostic output.
How It Works
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You define the UTC session start (e.g., 00:00 for a classic daily box).
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The indicator builds the previous day’s range [High–Low] and Midline.
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In the next session only, it scans for ConsecutiveBars closing beyond High or Low.
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If the minimum distance rule is satisfied, an up/down arrow is drawn at the breakout area.
Practical Uses
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Breakout entries on the first clean move beyond yesterday’s range.
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Fade/mean reversion setups on failed breaks (combine with your own filters).
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Session mapping to align levels with specific market opens (Asia/London/NY).
Tips
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Start with ConsecutiveBars = 2 or 3 for higher-quality breaks.
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On FX, AUTO uses pips; on indices/metals it uses % of range.
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Combine with a trend filter (MA/HTF bias) or volatility filter (ATR) to refine entries.
Notes
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This is an analysis tool; it does not execute trades and is not a standalone signal provider.
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Historical DST offsets are not reconstructed; the server–UTC offset is taken at runtime.
Compatibility: MetaTrader 5, any symbol/timeframe.
Best for: M1–M15 intraday mapping, also useful on higher TFs for context.
Bring structure to your session and focus on the breaks that matter—BoxLevels Pro.
