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TrackingLevels MT4

5

TRACKINGLEVELS (SUPPORTS AND RESISTANCES)

TrackingLevels is a useful indicator that saves considerable time when a trader starts analyzing a chart. This indicator draw on the chart all the resistances and supports that the market is creating.

The resistance and support levels are very important, this levels define areas where there can be a considerable accumulation of sell or buy orders. These are a key areas that every trader must know and keep in mind all the time. This indicator helps the trader to avoid erros when open or close orders to profit taking, adjust stops, etc.

You will also have the levels organized and grouped by colors, size and relevance. These levels can be easily monitored to make better decisions to open and close orders, take profits, place stops, etc. Parameters configuration is very simple.

INPUT PARAMETERS:

GENERAL:

  • Activate Resistance Levels: It activates visualization of the resistance levels.
  • Activate Support Levels: It activates visualization of the support levels.
  • Period: Number of candles that the indicator will consider to perform various intermediate calculations, necessary to correctly define the levels. Recommended value is 15.
  • Calculation Range (bars number). Range of candles to perform the calculation. The user can define from which point in the past he wants the indicator to start showing the different levels (supports and resistances). It is not recommended to parameterize a very high value because the graph would be filled with lines that do not allow to clearly visualize the evolution.
  • Levels Grouping Factor.


ALERTS:

  •     Activate messages (email)
  •     Activate notifications (metatrader application)
  •     Activate sound


SOUNDS:

Recomend to create the folder "\Files\Sounds\" and copy inside the different sound files.

  •     Sound file path (test): If the price test a level.
  •     Sound file path (breakout): If the price breakout a level.
  •     Sound file path (destroyed): If the price confirm a breakout level.


FEATURES:

Representation of support and resistance levels generated from a specific point in the candlestick history. Identification by color and width of the most relevant levels (number of tests). Identification by means of the object label of the following information:

  •     LEVEL TYPE (support and resistance),
  •     Date and time of the event,
  •     Maximum and minimum value of the confluence zone or level range,
  •     Number of times the level has been tested without being passed


       Example:
       SUPPORT
       2023.04.19 14.00.00
       1979.39 - 1969.20
       Tested: 8 times

Different alerts (notifications, sounds, emails). These alerts describe complete information about the level and the event type (test, breakout, breakout confirmated/destroy)


Avis 1
lauro1956
5027
lauro1956 2024.04.15 21:38 
 

Really simple, precise and very informative...very good. 5 stars

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Tout d'abord, il convient de souligner que cet outil de trading est un indicateur non repeint, non redessiné et non retardé, ce qui le rend idéal pour le trading professionnel. Cours en ligne, manuel utilisateur et démonstration. L'indicateur Smart Price Action Concepts est un outil très puissant à la fois pour les nouveaux et les traders expérimentés. Il regroupe plus de 20 indicateurs utiles en un seul, combinant des idées de trading avancées telles que l'analyse du trader Inner Circle et les
MetaBands M4
Vahidreza Heidar Gholami
5 (2)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
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,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Le profit de la structure du marché change à mesure que le prix s'inverse et recule. L'indicateur d'alerte d'inversion de la structure du marché identifie le moment où une tendance ou un mouvement de prix approche de l'épuisement et est prêt à s'inverser. Il vous avertit des changements dans la structure du marché qui se produisent généralement lorsqu'un renversement ou un recul majeur est sur le point de se produire. L'indicateur identifie initialement les cassures et la dynamique des prix,
Automated Trendlines
Georgios Kalomoiropoulos
5 (16)
Les lignes de tendance sont l'outil d'analyse technique le plus essentiel dans le trading forex. Malheureusement, la plupart des commerçants ne les dessinent pas correctement. L'indicateur Automated Trendlines est un outil professionnel pour les traders sérieux qui vous aide à visualiser le mouvement de tendance des marchés. Il existe deux types de lignes de tendance, les lignes de tendance haussières et les lignes de tendance baissières. Dans la tendance haussière, la ligne de tendance
Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
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SMARTMASS INDICATOR This indicator is different from all known volume indicators. It has a significant distinction; it is an algorithm that relates price movement to volume, attempting to find proportionality and efficient movement while filtering out noise and other movements that are more random and do not follow a trend or reversal. Ultimately, it reveals the true strength of the movement, indicating whether it has genuine support from bulls or bears or if it's merely a high-volume movemen
SmartMass
Roberto Alvarez
5 (2)
SMARTMASS INDICATOR This indicator is different from all known volume indicators. It has a significant distinction; it is an algorithm that relates price movement to volume, attempting to find proportionality and efficient movement while filtering out noise and other movements that are more random and do not follow a trend or reversal. Ultimately, it reveals the true strength of the movement, indicating whether it has genuine support from bulls or bears or if it's merely a high-volume movement
TRACKINGLEVELS (SUPPORTS AND RESISTANCES) TrackingLevels is a useful indicator that saves considerable time when a trader starts analyzing a chart. This indicator draw on the chart all the resistances and supports that the market is creating. The resistance and support levels are very important, this levels define areas where there can be a considerable accumulation of sell or buy orders. These are a key areas that every trader must know and keep in mind all the time. This indicator helps the
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lauro1956
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lauro1956 2024.04.15 21:38 
 

Really simple, precise and very informative...very good. 5 stars

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Version 2.0 2023.12.03
1. Improvements in optimization and deletion of levels
2. Minor bugs fixed
Version 1.50 2023.06.05
1. Improved visualization of the levels.
Version 1.40 2023.05.15
1. Improving data recovery after a disconnection
2. Fixed minor errors
Version 1.30 2023.05.07
1. Improvements in the calculation of support and resistance levels.
2. Adjustments in the information displayed in the labels of each level.
Version 1.20 2023.05.04
1. Improvements to avoid insignificant levels too close to the current price value
2. More efficient code
Version 1.10 2022.10.29
1. New code to recover levels after a temporary suspension in indicator execution
2. Level grouping improvements
3. Potential memory leaks eliminated