Drofsul Stop Level
If you want to know the size of the 'Stop Level' every moment, then this indicator is for you!
'Stop Level' is the required distance from the market price for opening a pending order and to place or modify stop loss and take profit values. Stop loss/take profit values and pending orders cannot be placed within this limit neither by traders, nor by Expert Advisors or scripts. The value of the 'Stop Level' is set by the broker (there are some brokers who do not set 'Stop Level' [the value is 0]).
This indicator will create a block on the chart showing useful information about the currency pair's 'stop level'. Because this value can interfere with trading, it is important to know it. This indicator is highly customizable, and it can be moved on the chart for easier use. It also has built-in Alert and Notification options.
- Alert options
- Notification options
- Two view modes
- Can be placed anywhere on the chart
- Option to select size
- Built-in color themes
- Option to use custom colors
- Built-in help
About the Author
Zsolt 'DragonSoul' Mosonyi: programmer, web developer and blogger with many years of experience in MQL programming language.