Yvonne: When I change to weekly in the setting it doesn't seem to change - it still shows 24 hours - is this correct?
Thank you for comment. Yes it is true. This indicator is calculating levels based on last 24 hourly candles and some times based on Today candle and OHLC information. That was described in product description.
Features:
Show three levels for each support and resistance
Calculation is based on last 24 hourly candles
In some cases, calculation is based on only today OHLC Candle
Prevent trader trap of SL hunting
Determine how much is the probability that price may break out the level
Show spread of symbol and remained time that the candle get close
Levels are dynamic so new candles results new levels
-same question, only 24h levels? (nothing happens on time frame changes…)
-and the info "on corner" doesn't exist?
Thanks.
Hi Losajoca. Thank you for comment and question.
if you set timeframe lower than current time frame it will not show spread/candle info on corner. I will send updated version with resolution in couple of days.
if you set timeframe lower than current time frame it will not show spread/candle info on corner. I will send updated version with resolution in couple of days.
Ok, lets wait for the update.
I'm using "current time frame" and theres no corner info. Neither selecting all the higher time frames options.
As I said, the 24H based levels are working pretty well as if thats the only option better to eliminate the "time frame option" field and no more doubts on that...
Time-frame options is only for information about Spread and Remained time for current candle to close and it does not related to calculation of levels.
Time-frame options is only for information about Spread and Remained time for current candle to close and it does not related to calculation of levels.
The new update is exactly what i needed an alert on levels for my counter trend strategy i asked yasser if its possible and he said he will look into it on the weekend and as first day of trading i get my phone notification to go and have a look. i would like to thank him in public for this feature. a minor modification if possible is to mention the currency as im on 28 pair when i get alert it mentions probability percent but i scroll around charts to find on which currency pair the alert came from. still even in its current stage its usable for me and i really appreciate all the hard work the developer kept into making this happen. thank you yasser
Hamadfx: The new update is exactly what i needed an alert on levels for my counter trend strategy i asked yasser if its possible and he said he will look into it on the weekend and as first day of trading i get my phone notification to go and have a look. i would like to thank him in public for this feature. a minor modification if possible is to mention the currency as im on 28 pair when i get alert it mentions probability percent but i scroll around charts to find on which currency pair the alert came from. still even in its current stage its usable for me and i really appreciate all the hard work the developer kept into making this happen. thank you yasser
You are welcome. Update is available for your request of modification.
cshud224: Is it possible to have also a clear explanation about the strategies to follow with the indicator (the pictures, are changing a little bit too fast).
Levels seems ok, but:
-same question, only 24h levels? (nothing happens on time frame changes…)
-and the info "on corner" doesn't exist?
Thanks.
When I change to weekly in the setting it doesn't seem to change - it still shows 24 hours - is this correct?
Thank you for comment. Yes it is true. This indicator is calculating levels based on last 24 hourly candles and some times based on Today candle and OHLC information. That was described in product description.
Features:
Levels seems ok, but:
-same question, only 24h levels? (nothing happens on time frame changes…)
-and the info "on corner" doesn't exist?
Thanks.
Hi Losajoca. Thank you for comment and question.
if you set timeframe lower than current time frame it will not show spread/candle info on corner. I will send updated version with resolution in couple of days.
Hi Losajoca. Thank you for comment and question.
if you set timeframe lower than current time frame it will not show spread/candle info on corner. I will send updated version with resolution in couple of days.
Ok, lets wait for the update.
I'm using "current time frame" and theres no corner info. Neither selecting all the higher time frames options.
As I said, the 24H based levels are working pretty well as if thats the only option better to eliminate the "time frame option" field and no more doubts on that...
Thanks again for your work.
Time-frame options is only for information about Spread and Remained time for current candle to close and it does not related to calculation of levels.
Time-frame options is only for information about Spread and Remained time for current candle to close and it does not related to calculation of levels.
Got it.
New updated version working ok for me.
Appreciated.
BR
The new update is exactly what i needed an alert on levels for my counter trend strategy i asked yasser if its possible and he said he will look into it on the weekend and as first day of trading i get my phone notification to go and have a look. i would like to thank him in public for this feature. a minor modification if possible is to mention the currency as im on 28 pair when i get alert it mentions probability percent but i scroll around charts to find on which currency pair the alert came from. still even in its current stage its usable for me and i really appreciate all the hard work the developer kept into making this happen. thank you yasser
Hello,
If I would use the indicator in A EA, using iCustom, in which buffernumbers do I find the SR levels and in which do I find the probabilities?
Hello,
If I would use the indicator in A EA, using iCustom, in which buffernumbers do I find the SR levels and in which do I find the probabilities?
Is it possible to have also a clear explanation about the strategies to follow with the indicator (the pictures, are changing a little bit too fast).
Thank you for not replying!
Hello,
If I would use the indicator in A EA, using iCustom, in which buffernumbers do I find the SR levels and in which do I find the probabilities?
buffer numbers are
support1=buffer0, support2=buffer1 ... support4=buffer3, resistance1=buffer4, ...,resistance4=buffer7
and probability is orderly 84%, 50%, 16% and 2%
buffer numbers are
support1=buffer0, support2=buffer1 ... support4=buffer3, resistance1=buffer4, ...,resistance4=buffer7
and probability is orderly 84%, 50%, 16% and 2%
Thanks
Those percentages, for instance support 84%, does it mean that there is 84% chance that it will be broken or 84% that it will
Yes it talks about break out probability.