Master Levels Indicator

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Uploaded: 19.02.2015
Content: master_levels.rar (11,41 kB)
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Description

Indicator Master Levels for vectorization and determine any graphics levels that are important. Important levels are widely used in many trading systems as indicators for issuing orders, stop loss and take profits. Very often, the price reaches this level, bounces and goes in the opposite direction, but it happens and the breakdown level. In the breakdown of the price sharply starts to pick up speed and goes far beyond the level itself. Very often, the price starts to fight back from the already punched level and it is important.


In order not to draw significant levels manually, the proposed indicators, which will do everything for you. It is able to represent in the graph 8 to significant levels if so will the moment. Please note that the thicker the image level indicator, the more important it is, and give him more attention.

Additional information

Settings indicator important levels:


Importance1 = 50; // Number of bars to draw the first levels. (1-2)

Importance2 = 200; // Number of bars to draw the second level. (3-4)

Importance3 = 500; // Number of bars for drawing the third level. (5-6)

Importance4 = 1000; // Number of bars to draw the fourth level. (7-8)

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