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Levels on Chart

The indicator draws lines that can serve as support/resistance levels. They work both on Forex and FORTS. The main and additional levels are displayed as lines, with the color and style defined by the user. Additional levels are only displayed for currency pairs without JPY.

Please see the AUDUSD chart below. Yellow ovals indicate some characteristic points where price reaches one of the levels.

The second screenshot shows a FORTS instrument chart with the characteristic points.

Simply watch the indicator work on history and in real time mode.

External parameters:

  • Levels Step Size, points - step between adjacent levels in points - it is usually set as multiple of 500 (or 400 for currency pairs with JPY).
  • Up & Down Levels Number - number of price levels displayed above and below the current price. If set to 4, the indicator displays the level closest to the price (4 below and 4 above).
  • Levels Line Color - color of the main levels.
  • Levels Line Style - style of the main levels.
  • Adding Levels Line Color - color of the additional levels.
  • Adding Levels Line Style - style of the additional levels.
Below is the offer for active users and all of you who has read to this line:
If you have an interesting idea for improvement of this or any of my other products, then in case of implementation, the author of the idea will get a generous discount on any of my products.
Please share your suggestions in the product's Comments section to allow for documenting and determining the original author of any given idea.
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Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indicat
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Version 1.2 2021.12.01
Перекомпилирован новой версией компилятора.