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MinMax Levels MT5

MinMax Levels

MinMax Levels – is an indicator of the maximum, minimum and opening price levels for important trading periods: day, week and month.


Each Forex market participant uses levels in their trading system. They can be either the main signal for making transactions or an additional one, acting as an analytical tool. 

In this indicator, days, weeks and months were selected as important periods, since they are the key trading periods of large market participants. As you know, prices move from level to level and knowledge of the price position relative to important levels gives an advantage in making trading decisions. 

And for convenience, buttons have been added to enable and disable both the levels themselves, and to collapse the buttons to free up space in the working window of the price chart. 


Each Forex market participant uses levels in their trading system. They can be either the main signal for making transactions or an additional one, acting as an analytical tool. 

In this indicator, days, weeks and months were selected as important periods, since they are the key trading periods of large market participants. As you know, prices move from level to level and knowledge of the price position relative to important levels gives an advantage in making trading decisions. 

And for convenience, buttons have been added to enable and disable both the levels themselves, and to collapse the buttons to free up space in the working window of the price chart.


Advantages of this indicator:

  • Convenience
  • Visibility
  • Information content 
  • Latest levels 
  • Customizable levels

The indicator is convenient because you do not need to switch to different timeframes when working. 

Visibility - the most important levels from smaller to medium and large market movements are visible in one chart. 

Information content - visually we get more information about the price chart.

Customizable levels can be disabled directly on the chart, and the buttons themselves can be minimized to free up the chart’s workspace.


Now all trading strategies based on or based on the MinMax Levels indicator will have an additional signal. 

Additionally, the highs, lows, and opening prices of days, weeks, and months can act as support and resistance levels. And in some trading strategies, show liquidity levels.


Use the MinMax Levels indicator as an addition to your trading system


Try also my other products in the market https://www.mql5.com/ru/users/capitalplus/seller


Wishing you great profits in trading!


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Ivan Butko
5 (1)
TimeBar TimeBar is a simple information indicator that shows the remaining time until the bar closes, as well as the time elapsed since the bar opened and the current time. For ease of perception, two types of display modes have been added: in the form of a comment in the upper left corner of the graph, or in the form of a graphic object. Advantages Font selection Font size. You can set any one. When commenting it is too small You can move objects. Any time can be selected by double clicking
FREE
TimeBar TimeBar is a simple information indicator that shows the remaining time until the bar closes, as well as the time elapsed since the bar opened and the current time. For ease of perception, two types of display modes have been added: in the form of a comment in the upper left corner of the graph, or in the form of a graphic object. Advantages Font selection Font size. You can set any one. When commenting it is too small You can move objects. Any time can be selected by double clicking
FREE
MinMax Levels MinMax Levels  –  is an indicator of the maximum, minimum and opening price levels for important trading periods: day, week and month. Each Forex market participant uses levels in their trading system. They can be either the main signal for making transactions or an additional one, acting as an analytical tool.  In this indicator, days, weeks and months were selected as important periods, since they are the key trading periods of large market participants. As you know, prices mo
The Palantir indicator predicts a price reversal by the number of points specified by the user in the settings. You select the size of the trend you are interested in and the indicator will predict with what probability the price will move in the opposite direction the specified number of points from the nearest extreme. The indicator's operation is based on statistical calculation of historical trends. Palantir analyzes trends in history with the size specified in the settings, collects stat
MultiFractal is a modified Bill Williams fractal indicator, supplemented by higher order fractals, the difference between which is four in size, similar to changing the time frame. Advantages over the original terminal indicator: Convenience Visibility Information content The indicator is convenient because you do not need to switch to different timeframes when working. Visibility - in one chart you can see the structure of the chart from smaller to medium and large market movements. Information
Market Noise Market Noise is an indicator that determines market phases on a price chart, and also distinguishes clear smooth trend movements from noisy flat movements when an accumulation or distribution phase occurs. Each phase is good for its own type of trading: trend for trend-following systems, and flat for aggressive ones. When market noise begins, you can decide to exit trades. In the same way, and vice versa, as soon as the noise ends, you need to turn off aggressive trading systems. S
Currency Strength Dynamic Currency Strength Dynamic is an indicator of currency strength. Currency strength refers to the trend direction of most or all currency pairs that a currency is a part of. The indicator is based on readings of the difference between moving averages, similar to the MACD indicator, on the 28 most popular currency pairs: majors and minors. Advantages Unique oscillatory calculation method Availability of buttons to disable or enable lines of specific currencies Infor
MultiFractal Levels MultiFractal Levels is a modified Bill Williams fractal indicator with the addition of levels. Fractals are built from all TFs allowed in the settings. Levels are built only based on the latest fractals that have not yet been tested by price. Advantages over the original terminal indicator: Convenience Visibility Informativeness Latest levels Customizable fractal Customizable levels The indicator is convenient because you do not need to switch to different timeframes when
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