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GF ProTrader StaticSR

FREE

Published: 30 July 2024

Current version: 5.8

GF ProTrader StaticSR

Indicators
Jozsef Lakatos
Version: 5.8
Updated: 31 July 2024

Disclaimer: Use this indicator at your own risk. The author does not accept any responsibility for any losses incurred as a result of using this indicator.

Please, if you download and use the indicator, leave a review so I can improve and create more free indicators for you. Thank you!

Introducing the GF-ProTrader Static SR" Indicator

Enhance your trading strategy with the "GF-ProTrader Static SR" indicator. This tool plots static support and resistance levels on your chart and dynamically updates them at predefined intervals, ensuring you always have the most relevant market data.

Key Features:

Static Levels with Dynamic Updates: The indicator plots static support and resistance levels based on predefined parameters, which are dynamically recalculated at specified intervals (e.g., minute, hour, daily).
Multiple Levels: Offers a variety of predefined support and resistance range levels to suit different trading styles and market conditions.
Customizable Parameters: Adjust the candle ranges and recalculation periods to fit your trading strategy.
Automatic Adjustments: Support and resistance levels are automatically updated based on market movements during each recalculation, providing up-to-date and relevant analysis.
Visual Clarity: Customize the line colors for support and resistance levels to enhance chart readability.

Input Parameters:

UseCandles: Toggle the use of candle ranges for SR levels.
UseSupportResistanceRange: Enable predefined SR range levels for enhanced analysis.
M1Range, M5Range, etc.: Define the number of candles in each timeframe to tailor the indicator to your specific needs.
SupportResistanceRange1 to SupportResistanceRange12: Customize the ranges for support and resistance levels.
SignalThreshold: Set the minimum price movement required for signal validation.
LineColor: Choose your preferred color for the SR lines to ensure clear visibility on your charts.
RecalculationPeriod: Set the interval for recalculating the levels, ranging from one minute to weekly, based on your trading strategy.

Disclaimer: Use this indicator at your own risk. The author does not accept any responsibility for any losses incurred as a result of using this indicator. The "GF-ProTrader Static SR" indicator does not guarantee success and should be used as part of a comprehensive trading strategy. Always perform your own research and consider seeking advice from a financial professional before making any trading decisions.

Improve your trading insights with the "GF-ProTrader Static SR" indicator and stay informed about market dynamics. Get started now and add this valuable tool to your trading arsenal.

Disclaimer: Use this indicator at your own risk. The author does not accept any responsibility for any losses incurred as a result of using this indicator.

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Version 5.8 2024.07.31

Indicator......5.8