Levels

Indicator for Stop Loss levels calculation using Bill Williams technique – indicator MetaTrader 4

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Indicator for Stop Loss levels calculation using Bill Williams technique - indicator for MetaTrader 4
Author Vladmir Hlystov An indicator for Stop Loss levels calculation using Bill Willams technique Bill Williams in his book “Trading Chaos: Applying Expert Techniques to Maximize Your Profits” (Chapter 7, Level One: Novice Trader, p.95) has described SL as follows: “…We place the air bag one tick above/below the high/low of the second bar back … Read more

Murrey Levels. Murrey_Math_Line indicator v2 – indicator MetaTrader 4

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Murrey Levels. Murrey_Math_Line indicator v2 - indicator for MetaTrader 4
Authors: Vladislav Goshkov, Alex.Piech.FinGeR, Alexei Kharchenko The Murrey Levels are constructed depending on the price range of the current timeframe. The indicator has an opportunity to show levels from the selected extremum to the current price. Select blue arrow and drag it to the necessary bar. Also it can show time zones… Image: Editor’s remark: … Read more

Donchian Channel with Fibbed Levels and Alerts – indicator MetaTrader 4

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Donchian Channel with Fibbed Levels and Alerts - indicator for MetaTrader 4
I enhanced the original concept of the Donchian channel to include the ability to set additional levels internal or external of the calculated range. This has resulted in a great indi that can run behind any moving average cross strategy or such like so that you have current levels to aim toward or place stops … Read more

Automatic Parabolic Support and Resistance Levels Indicator – indicator MetaTrader 4

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Automatic Parabolic Support and Resistance Levels Indicator - indicator for MetaTrader 4
This indi will draw the levels and then delete if older than your selected bars. The turn is calculated on above/below opens not closes as that seems to get most of the turns and this makes it slightly different than just the dots from a programing point of view. I prepared a video to show … Read more

XIT_BuySellAutoStoploss.mq4 – Stoploss set from Fractal Levels, Money management Risk/Reward – script MetaTrader 4

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XIT_BuySellAutoStoploss.mq4 - Stoploss set from Fractal Levels, Money management Risk/Reward - script for MetaTrader 4
XIT_BuySellAutoStoploss.mq4 – Stoploss set from Fractal Levels, Money management Risk/Reward My main goal here with this script was to help improve my win ratio, by setting my stoploss at fractals with the best support. I had been using fixed stoploss values, and kept having the stop hit and within minutes the price went back into … Read more

ZMFX all pivot levels – indicator MetaTrader 4

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ZMFX all pivot levels - indicator for MetaTrader 4
Description: Here is an indicator, which draws daily, weekly and monthly pivots, support and resistance levels. All lines are drawn from the beginning of the timeframe (daily levels – from the beginning of the day etc.). You will be able to choose which timeframe (monthly, weekly, daily) pivots, support and resistance levels to show. Also, … Read more

Five Tirone Levels – indicator MetaTrader 5

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Five Tirone Levels
Real author: John Tirone Tirone Levels are a series of several successively decreasing horizontal lines used to determine possible support and resistance areas on a price chart. This technical analysis method is developed by John Tirone in his book “Classical Technical Analysis as a Powerful Trading Methodology”. The system based on five Tirone levels is … Read more

Multi Levels Trend Expert Advisor – EA MetaTrader 4

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Multi Levels Trend Expert Advisor - expert for MetaTrader 4
Author: The author is researcher who is studying the stock and FX market for research purpose. The EA has been backtested from July 1, 2011 to Jan 13, 2012 on EURUSD. It has managed to turn $10,000 to $59,294, but there is no guarantee past performance will be indicative of future results. This expert advisor … Read more