59
Compatible with

Favorites: 3   Views: 415   Reviews: 1  

Easy to use and powerful indicator that visualizes the price levels based on the defined channel and the possible trades within the channel on all time frames.

>>>  LIFE TIME LICENSE AND UPDATES INCLUDED  <<<

 

Report Abuse

How the “Price Level” indicator works

A adjustable indicator based on two averages – visualizes the price levels of a larger average zone defined by number of candles of your timeframe, called channel, and possible trading support and resistance prices within the channel. The Indicator shows you the change in direction of the channel and is also the price level that you should pay attention to for entry and exit positions, marked with blue dots in the screenshot:

 

Usage and Your Advantages

The main price levels, marked here with blue dots in the screenshot, are points at which the market changes direction or confirms the previous direction – this are your POI’s (Points of Interest) . Here some more advantages using this indicator:

  • adjustable average zones “channel” and “trade”
  • useable in all timeframes, also 1H, 4H etc.
  • for index, forex and commodities market
  • easy to use and to understand
  • visualizes market movements and POI’s

 

How to adjust the indicator

The indicator can be used on all time frames – adjust the “channel” and “trade” variables depending on the average zone you want to see and your personal trading style. The “channel” describes the higher trend that you should follow, the “trade” marks the movements within the higher trend, here you should choose your options for entering and exiting your trades.

1 review for Price Level Indicator

  1. Claudia Herz (verified owner)

    Great Indicator, Thanks ProTradeTools! Very useful to understand how the market moves are going on. Also I see now the zones I should not trade 😉

Only logged in customers who have purchased this product may leave a review.

Product Enquiry

Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy

More Items by ManselSolutions

Product Image

Price and Levels Indicators

How the “Price Action” indicator works Customizable indicator based on (...)

89

0

Product Image

Power Candle Strategy

based on our quantum algorithm technology

119

1

Product Image

Price Action Indicator

price action with support and resistance zones

69

3

Ready to Join Our Trading Marketplace!
Over 1,000,000 potential customers are in need for pro quality trading products
Join Us Today