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Multi Level Trend Swing

Multi Level Trend Swing is an indicator that identifies the most accurate buy/sell swing points with the highest probability, based on multi-level Zig Zag Swings. The indicator paints arrows at the Higher Highs, Higher Lows, Lower Lows and Higher Lows in the chart, but based on two level Zig Zag Swing. If the fast price swing is in line with the trend of the slow price swing, then the buy/sell arrows are biggest. If the price swing is against the trend, dots are displayed to signal a Higher High or a Lower Low. In this condition the market is trending and trading against the trend should be avoided unless very strickt risk management with corresponding Stop loss orders. The purpose of the indicator is to identify the most accurate buy/sell swing points and to assist trading in line with the fast and slow trend.

By default the fast Zig Zag is 12, the slow Zig Zag is 50. These setting as wel as arrow colors can be configured in the parameters for both swings.

The indicator repaints but the purpose of the indicator is to :

  • See the market trend
  • See the fast- and slow swing condition of the market
  • Identify accurate buy/sell entry points with the highest probability
  • Avoid market entry against the trend !
Close to the current price the indicator also displays the next "upcoming" swing type.

There is a demo version of this indicator available to use in Strategy tester.

The indicator will only display future signals as soon as it is attached to the chart.
You will immediately notice the use and the effectiveness of this indicator.

Thanks for sharing, if you are happy please leave a positive review and a comment
Don't hesitate to contact me for support, issues or in case you are not happy.

IMPORTANT : Some calculations are based on the default Zig Zag indicator, which should be present in the root indicators folder.

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Göstergeler
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Göstergeler
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Göstergeler
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Göstergeler
This indicator examines the price structure of fractals of different periods to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. Unlike its younger brother, Reversal Fractals , this indicator won't miss reversals because of the period selected, and will find reversal fractals on a zig-zag fashion, ignoring those reversals which do not carry enough momentum to start a sustained price movement. [
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owais_saadeh
4.91 (11)
Göstergeler
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PZ Order Block
PZ TRADING SLU
Göstergeler
A personal implementation of Order Blocks, a simple yet effective position trading strategy. The trader should enter the market or look for trades in the direction of the last order block, if the price range has not been breached in the opposite direction of the breakout. Open blocks are not drawn for clarity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] A bullish open block is the first bullish bar after a fresh market low A bearish open block is the first bear
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4.96 (26)
Göstergeler
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Göstergeler
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Yardımcı programlar
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Yardımcı programlar
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Göstergeler
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3.67 (3)
Göstergeler
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Filip Maurice Daelman
Göstergeler
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Filip Maurice Daelman
Göstergeler
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Filip Maurice Daelman
Göstergeler
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Filip Maurice Daelman
Göstergeler
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Filip Maurice Daelman
Göstergeler
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3 (1)
Uzman Danışmanlar
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1 (1)
Göstergeler
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Filip Maurice Daelman
Göstergeler
New market liquidity indicator, more accurate with two levels, will really unhide the "hidden agenda" of the price action in any timeframe. For more information about market liquidity, a manual on how to use this indicator please send me a message. A lot of information can be found on the net. (search liquidity trading/ inner circle trader) https://www.youtube.com/watch?v=yUpDZCbNBRI https://www.youtube.com/watch?v=2LIad2etmY8&amp ;t=2054s https://www.youtube.com/watch?v=wGsUoTCSitY&amp ;t
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5 (1)
Göstergeler
Dear Traders, check out my new multi level market liquidity indicator :  https://www.mql5.com/en/market/product/73098 Many of you have been trading very good with this indicator, thanks for the support and positive feedbacks ! For more information about market liquidity, a manual on how to use this indicator please send me a message. A lot of information can be found on the net. (search liquidity trading/ inner circle trader) https://www.youtube.com/watch?v=yUpDZCbNBRI https://www.youtube.c
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