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Swing levels

5

The Swing Levels Support and Resistance Indicator is a robust tool designed for MetaTrader 5 traders (also available for MT4). It aids in identifying crucial market levels where price direction may change by showcasing:

  1. Swing High and Swing Lows across all timeframes
  2. Previous Highs and Lows for Day, Week, and Month
  3. US Midnight level and Yesterday Midnight Level
  4. US Preopen 8:30 AM Level
  5. Rounded Levels

This indicator features a toggle button, enabling you to display or hide these levels on the chart at your convenience. This feature ensures a clean chart for analysis while still providing quick access to significant market levels.

The indicator comes with customizable variables, allowing you to select which timeframes and levels to display. This provides valuable insights into the strength of a trend and assists in making informed decisions about entry and exit points.

Boost your trading strategy with our Swing Levels Support and Resistance Indicator, an essential tool for any trader aiming to improve their market success rate. Try it now!

Settings Adjustment:

Access the settings for the indicator by right-clicking on it on the chart and selecting "Properties" from the menu. This will open the "Inputs" tab, where you can adjust various settings for the indicator.

You can select which timeframes to calculate swing highs and lows by setting the corresponding variables to "true" or "false." For instance, to calculate swing highs and lows for the daily timeframe, set the "calculate_swing_Day" variable to "true."

You can also decide whether to display or hide previous highs and lows by setting the "show_Previous_Highs_Lows" variable to "true" or "false."

To adjust the number of past candles used to calculate swing highs and lows, simply set the "Swings_number_of_past_candles" variable to the desired number of candles.

You can also modify the colors of the previous month, week, and day highs and lows by setting the "Previous_Month_Week_Day_Low" and "Previous_Month_Week_Day_Heigh" variables to the desired color.

After adjusting the settings to your preference, click "OK" to apply the changes and close the "Inputs" tab.

Toggle Button Usage: The indicator includes a handy toggle button that allows you to display or hide the levels on the chart at any time. Click on the button on the chart to show or hide the levels. The button will change color to indicate whether the levels are currently displayed or hidden.

Known issue: On first use, multiple clicks may be required.


Comentários 1
carlosv2160
54
carlosv2160 2023.01.29 20:29 
 

Really love this indicator. Takes the stress of having to draw these manually

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carlosv2160
54
carlosv2160 2023.01.29 20:29 
 

Really love this indicator. Takes the stress of having to draw these manually

Responder ao comentário
Versão 2.5 2023.04.11
We are pleased to announce that we have successfully fixed the bugs related to the pre-open level and US midnight level features in our trading platform. We apologize for any inconvenience these issues may have caused.

We are dedicated to providing you with the best possible experience and we remain available to assist you at any time. If you have any questions, concerns, or need help, please don't hesitate to reach out.

Thank you for your understanding and continued support.
Versão 2.4 2023.04.07
📣 New MetaTrader 5 Indicator Update Announcement 📣

We are thrilled to announce a new and exciting update for our widely-used MetaTrader 5 indicator! This update introduces a set of powerful new features to enhance your trading experience and increase your analytical capabilities.

What's new in this update:

1️⃣ Added New York Pre-Open 8:30 AM Level:
Get a better understanding of market movements and volatility at the beginning of the trading day by visualizing the New York Pre-Open 8:30 AM Level. This feature will help you make more informed trading decisions during the opening moments of the market.

2️⃣ Added New York Yesterday Midnight Level:
Keep track of price action and support/resistance zones more efficiently by viewing the New York Yesterday Midnight Level. This additional layer of historical data offers you deeper insights, while maintaining the availability of today's levels for easy comparison.

3️⃣ Added Rounded Numbers Levels with Customizable Parameters:
Fine-tune your trading strategies by incorporating Rounded Numbers Levels, now adjustable through multiple parameters. This flexibility allows you to customize the indicator based on your unique preferences and trading style.

Upgrade your MetaTrader 5 indicator now to take advantage of these fantastic new features and enhance your trading performance. Stay ahead of the curve and make the most of every market opportunity with this comprehensive update! 📈💹✨
Versão 2.3 2023.03.11
Dear valued users,

We are pleased to announce that we have released an update for our MQL5 indicator that addresses an issue related to the button change position. We understand that this was causing inconvenience for our users, and we have taken steps to ensure that this issue is fixed in the latest update.

As always, we are committed to providing you with the best possible trading experience, and we appreciate your feedback in helping us achieve this goal. We encourage all users to update their indicators to the latest version to take advantage of this fix and to ensure that you have access to the most up-to-date features and functionality.

If you have any questions or concerns, please do not hesitate to contact our support team. We value your feedback and are dedicated to continually improving our products to meet your needs.

Thank you for your continued support, and happy trading!
Versão 2.1 2023.02.14
We have made a fix to our Swing Levels Indicator to resolve a bug that was impacting the deletion of swing levels. This update ensures that swing levels will be deleted correctly and consistently, so you can trust your trades and feel confident in your decisions.

We apologize for any inconvenience this bug may have caused and appreciate your patience. We believe that this fix will enhance your trading experience and improve your results.

If you have any questions or concerns, please don't hesitate to reach out to our support team. We're always here to help you succeed.

Best regards,
Versão 2.0 2023.02.12
We are excited to announce a major update to our popular Swing Levels Indicator. Our latest version now includes a powerful new feature that will give you even greater control over your swing levels.

Introducing the Sensibility Feature! This new addition allows you to control the sensibility in tick size when deleting a swing level, so you don't have to rely on an exact price match. This means that you can now fine-tune your swing levels to match your trading style and take advantage of the market conditions that are most important to you.

With the Sensibility Feature, you can easily adjust the sensitivity of the indicator to match your preferred trading style, whether you're a scalper, day trader, or long-term investor. Whether you're looking for more precise levels or more general market trends, the Sensibility Feature gives you the flexibility and control you need to succeed.

We are always working to improve our products and provide our clients with the best possible trading experience, and the Sensibility Feature is a major step forward in this effort. We believe that this new feature will help you achieve even greater success in your trading, and we are confident that you will find it to be a valuable addition to your trading arsenal.

As always, if you have any questions or concerns about this update, please don't hesitate to reach out to our support team. We are here to help you succeed.
Versão 1.7 2023.02.11
version number fix with mt4 version.
Versão 1.6 2023.02.11
Exciting news for traders! The ICT Swing Levels Support and Resistance indicator has just been updated with two powerful new features.

First, the "ignore hit swings" feature allows traders to easily delete swing levels that have been hit, helping to keep their charts clean and focused on important levels.

Additionally, the US Midnight open bug for Forex pairs has been fixed, providing even more accurate and reliable results.

Don't miss out on these enhancements to one of the most powerful trading tools on the market. Upgrade to the latest version of the ICT Swing Levels Support and Resistance indicator today and take your trading to the next level!
Versão 1.5 2023.01.24
We are excited to announce a new Logo to our "Open Price Range" MQL5 indicator!
We have also organized the input data to make it more user-friendly and efficient.
The new version of the indicator makes it easier to navigate through the different options and customize the indicator to suit your needs.

We are constantly working to improve the indicator and this update is a reflection of our dedication to providing the best possible experience for our users.
We appreciate your feedback and encourage you to continue sending us your suggestions.
Make sure you update your indicator now to enjoy the new features and improvements.
Thank you for choosing our indicator.
Versão 1.4 2023.01.22
We are excited to announce the release of the updated version of our MQL5 indicator. This new version includes several important changes that will enhance your trading experience.

First and foremost, we have added a new feature that allows users to transform support levels to resistance levels and vice versa. This feature is particularly useful for traders who use dynamic support and resistance levels in their trading strategy. It will give them more flexibility and allow them to adapt to changing market conditions more easily.

In addition to the new feature, we have also made several small bug fixes. These bug fixes address issues that have been reported by users and will improve the overall performance and stability of the indicator.

We encourage all users to update to the latest version of the indicator to take advantage of these new features and improvements. If you have any questions or issues with the update, please do not hesitate to reach out to our support team for assistance.

Thank you for your continued support and we look forward to hearing your feedback on the new version of the indicator.
Versão 1.3 2022.12.19
Attention all traders!

I am excited to announce the latest update to our MT5 indicator, "Swing levels." This update has fixed the naming confusion with the US open feature and it is now properly labeled as "US_Open_Midnight." In addition, we have added some aesthetic improvements to the lines to make them more visually appealing.

I hope this update will enhance your trading experience and help you make informed decisions in the market. If you have any questions or feedback about the "Swing levels" indicator, please don't hesitate to reach out.

Thank you for your continued support and I look forward to bringing you more updates in the future. Happy trading!
Versão 1.2 2022.12.18
We have released an update that includes new input parameters to control the position of the button on the chart as well as its colors. These new options allow users to customize the appearance of the indicator to better fit their individual preferences and needs.

With the ability to choose the button's position and color, users can make the indicator more visually appealing and easier to use. We hope that these updates will enhance the user experience and make our indicator even more useful for traders.
Versão 1.1 2022.12.17
We are excited to announce that we have added a new feature to our platform - the US Open Level. This feature allows you to track and analyze the performance of stocks listed on the NYSE and NASDAQ during the US market open. We believe this will be a valuable tool for our users, and we hope you enjoy using it. Let us know what you think!