Metatrader 5 Indicators | RoundLevels | Source Code Included

Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.

Real author:

Martes

Many traders consider "round" levels, i.e. those in which the vertical coordinate (in points) ends with "00", as support or resistance levels. Example - the levels of 1.5800 and 1.5900 for EURUSD. The RoundLevels indicator draws two closest "round" levels above and two below the current price.

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This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 29.03.2008.

Figure 1. The RoundLevels indicator

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