• Overview
  • Reviews (2)
  • Comments

Monthly OHLC MA

This indicator Plots Open, High, Low and Close levels of previous month, on current month's lower time frames.

These levels act as good support and resistance levels.

Most of the time price oscillates within the levels.

wait for price to reach these levels and act accordingly.


Pay special attention to confluence of levels.

According to my observation if Close (White) level is in confluence with any other levels, High probability of break out or bounce back.

Scroll back to previous months and observe price Action at these levels for better understanding.


Input Parameters

No input parameters


Open= Color Spring Green

High = Color Magenta

Low = Color Dark Khaki

Close = Color White


Enjoy the indicator.





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First of all Its worth emphasizing here that this Trading Tool is Non-Repainting Non-Redrawing and Non-Lagging Indicator Which makes it ideal for professional trading . Online course, user manual and demo. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focuses on
Ultimate Gold Advisor For MT4
Nicola Capatti
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Ultimate Gold Advisor for MetaTrader 4 The Ultimate Gold Advisor is an advanced technological tool designed to optimize the trading experience on MetaTrader 4. Created to meet the needs of experienced traders, this indicator combines precision, sophisticated analysis, and versatile functionality, offering support for informed trading decisions. Ideal for gold trading but also applicable across a wide range of assets, the Ultimate Gold Advisor can help you improve your market strategies. What ma
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Adamant Levels Logic A
Sattiraju Kottapalli
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This Indicator Paints levels which are very ' Adamant ' and strong in nature. These levels act as strong Price rejection levels for a life time and never repaint. Disclaimer : If you are looking for a Fancy, colorful and eye catchy indicator please stay away. No trader can become a good trader without considering levels where the price can hold, bounce or break. These levels help traders to enter markets at a cheaper price. They can be Support resistance, demand supply, pivot point, Fibona
Adament Levels Logic B
Sattiraju Kottapalli
5 (1)
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First of all i would like to thank you all for the huge success of "Adamant Levels Logic A" for more details of logic A please refer to the below link: https://www.mql5.com/en/market/product/36082 After its success, i am confident enough that this indicator "Adamant Levels Logic B"  also will play an important role in your successful trading carrier. Introduction to Adamant Levels: Disclaimer : If you are looking for a Fancy, colorful and eye catchy indicator please stay away. No trader
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sunnychow
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sunnychow 2019.03.10 14:49 
 

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Krishna Karanam
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Krishna Karanam 2019.03.07 18:31 
 

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