Edgar Cc
Member
Levels is designed to simplify the process of building horizontal support and resistance levels. The indicator builds on the chart the next levels of selected timeframes, which are highlighted in different colors.
This tool significantly saves the time needed to build levels, and simplifies the process of market analysis.
In the region of horizontal levels, a slowdown or a market reversal often occurs. The Levels indicator allows you to determine the optimal exit points from the market (for setting take profit and stop loss orders), as well as entry points to the market, when the price falls off the level of a higher timeframe.
This tool significantly saves the time needed to build levels, and simplifies the process of market analysis.
In the region of horizontal levels, a slowdown or a market reversal often occurs. The Levels indicator allows you to determine the optimal exit points from the market (for setting take profit and stop loss orders), as well as entry points to the market, when the price falls off the level of a higher timeframe.