Level Trend mt4
- Indicators
- Evgenii Aksenov
- Version: 1.2
- Updated: 18 April 2023
The Level Trend PRO indicator is designed to search for reversal entry points into a local trend. It works best on intraday candlesticks M15-H1
Expert Advisor for automatic trading on indicator signals: here
Advantages of Level Trend PRO
Never redraws its signals;The possibility of using it as an independent strategy;
Has a support-resistance level;
It works on the stock market, indices, oil, gold and on all timeframes;
It has a notification function on the phone;
The indicator has proven its effectiveness in trading on real accounts;
The information panel shows the direction of the higher timeframes
Example of strategies using the Level Trend indicator:
#1. on the D1 or H4 chart, set the Stop Loss protection level beyond the Level Trend border
Switch to the lower timeframe M5-H1. Wait for the signal to appear with the arrow pointing in the same direction as the higher timeframe. Fix the profit at a distance equal to or greater than the Stop Loss level
#2. Use the current indicator signal to make a trade as soon as you receive the notification. Open two trades of equal size by setting the protection level Stop Loss #1 outside the previous Level Trend and Stop Loss #2 outside the current Level Trend
Trade before the appearance of the opposite signal indicator
#3. Use other INFINITY indicators to confirm the signal
Open a trade if the signal of the Level Trend indicator and TrendLine PRO or Profit Zone match. Set the StoLoss and Take Profit protection levels suggested by these indicators
Switch to the lower timeframe M5-H1. Wait for the signal to appear with the arrow pointing in the same direction as the higher timeframe. Fix the profit at a distance equal to or greater than the Stop Loss level
#2. Use the current indicator signal to make a trade as soon as you receive the notification. Open two trades of equal size by setting the protection level Stop Loss #1 outside the previous Level Trend and Stop Loss #2 outside the current Level Trend
Trade before the appearance of the opposite signal indicator
#3. Use other INFINITY indicators to confirm the signal
Open a trade if the signal of the Level Trend indicator and TrendLine PRO or Profit Zone match. Set the StoLoss and Take Profit protection levels suggested by these indicators
If you have any questions or would like to receive a personal invitation to a private chat, write to me: profitcamp@mail.ru
Good Indicator