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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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ATREND: How It Works and How to Use It How It Works The " ATREND " indicator for the MT5 platform is designed to provide traders with robust buy and sell signals by utilizing a combination of technical analysis methodologies. This indicator primarily leverages the Average True Range (ATR) for volatility measurement, alongside trend detection algorithms to identify potential market movements. Leave a massage after purchase and receive a special bonus gift. Key Features: ⦁ Dynamic Trend Detect
Timeframes Trend Scanner MT5
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Timeframes Trend Scanner   is a trend analyzer or trend screener indicator that helps you know the trend in   all timeframes of selected symbol you are watching . This indicator provides clear & detailed analysis results on a beautiful dashboard, let you able to use this result right away without need to do any additional analysis. How it works Step 1: Calculate values of 23 selected & trusted technical indicators (Oscillator & Moving Average indicators) Step 2: Analyze all indicators using bes
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ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG, Invert FVG, IFVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, Big Bar, HTF OB, HTF
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Version 1.2 2021.12.01
Перекомпилирован новой версией компилятора.