Levels-Signals IndicatorMT4
Description :
The Levels-Signals Indicator is a custom tool developed by OLX Forex for MetaTrader 4 (MT4) platform.
It is designed to provide visual signals and annotations on price charts to assist traders in identifying potential trading opportunities.
Indicator Settings:Chart Period (ChartPeriod): Select the timeframe for which the indicator calculates and displays levels.
Options: Daily (D1), Hourly (H1), etc.Price Type (PriceType): Choose the price type used in calculations.
Options: Close, Open-Close-Low-High, Median, Typical, Weighted.
Start Pips : Description: Specify the number of pips away from the midline to plot higher and lower levels.
Inside Pips: Set the number of pips between inside levels.
Hours to Right : Number of hours to extend the chart to the right.Colors and Sizes: Configure colors and sizes for different level lines and text labels.
Yesterday's High/Low (YesterdayHiLo): Toggle to display yesterday's high and low levels on the chart.
Beginning and End of Period (BeginningEndPeriod): Toggle to display lines marking the beginning and end of the selected chart period.
Panel Information:The information panel provides various account-related metrics, including balance, equity, profit, free margin, margin level, open trade percentage, and total open lot size.It also indicates the activation status of the indicator.
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