Good day, fellow traders.Not so long ago we met with you in a separate video tutorial with the support / resistance levels.However, for beginners it is sometimes not always easy to determine their location and the degree of importance - because many weak levels should not be taken into account.Beginners will PowerDynamiteAreas forex indicator.
name in the indicator pathetic, but it performs its task.No installation is complex (see How to install forex indicator.), Open the schedule with the desired currency and timeframe, fasten it PowerDynamiteAreas and get a picture as the image below:
red lines are displayed levels of resistance, and blue - Support.The number of output levels, as well as their degree of importance are easily configured in the indicator parameters.Go to the settings PowerDynamiteAreas and we see here is a list:
pivotStrength - the degree of importance of the displayed level, you can set a value from 1 to 7
maxLookBackBars - as the last of candles (bars)
pivotPipDiff - the minimum distance between the levels (in points)
zonePipSize - line thickness (in points)
MaxLevels - the maximum number of output levels (if there is 3, the display will show3 lines of support and resistance lines 3)
values, as usual, are specified in the old settlements (4 digits).
Download forex indicator PowerDynamiteAreas