Hello.
I want to show you my development, the Levels of Timeframes indicator for MT4 & MT5.
The indicator shows the High/Low/Open/Close Levels from other (non-standard) timeframes - Year, 6 Months, 4 Months, 3 Months, 2 Months, Month, Week, Day, 4-6-8-12 Hours. You can also set the shift for opening candles and build virtual candles.
"Period separators" for one of these timeframes is available in the form of vertical lines. Alerts can be configured for breakouts of the current or previous levels.
You can also shift all levels to the right by one period. That is, the High/Low of the previous period will be shown on the current period.
Demo version you can download directly from MT4, from the Market tab. And you can try it in the strategy tester, in the visual mode.
Video with indicator capabilities:
Some pictures:
Parameters
I want to show you my development, the Levels of Timeframes indicator for MT4 & MT5.
The indicator shows the High/Low/Open/Close Levels from other (non-standard) timeframes - Year, 6 Months, 4 Months, 3 Months, 2 Months, Month, Week, Day, 4-6-8-12 Hours. You can also set the shift for opening candles and build virtual candles.
"Period separators" for one of these timeframes is available in the form of vertical lines. Alerts can be configured for breakouts of the current or previous levels.
You can also shift all levels to the right by one period. That is, the High/Low of the previous period will be shown on the current period.
Demo version you can download directly from MT4, from the Market tab. And you can try it in the strategy tester, in the visual mode.
Video with indicator capabilities:
Inserted Video
Some pictures:
Parameters
- Number of levels to calculate (0-all) — how many bars will be displayed on the screen.
- Change the opening of bars (hours) — shift the opening of candles by n-hours. The indicator will draw virtual bars taking into account the new opening time. Periods above MN1 do not change.
- Move the levels to the right — moves all levels one bar to the right. You will see previous levels on the current candle..
- Period Separator (vertical lines) — displays a vertical line, period separator.
- Show Open Line — timeframe for which the open price line will be drawn.
- Show Close Line — timeframe for which the close price line will be drawn.
- Week starts on Sunday — in the terminal, by default, W1 candles start on Sunday. If set to 'false', the week will start on Monday.
Show levels:
- H4 — show data from the H4 period.
- H6-H12
- Day — show data from the D1 period.
- Week — show data from the W1 period.
- Month 1 — show data from the MN1 period.
- Month 2 — show data from the MN2 period.
- Quarter — show data from the MN3 period.
- Month 4 — show data from the MN4 period.
- Half-year — show data from the MN6 period.
- Year — show data from the Y1 period.
- Move the levels to the right — shift all levels to the right by one period.
- Period Separator (vertical lines) — period separator. Will be displayed as vertical lines on the chart.
Alerts:
- Alert when 'Round level' — send an alert when the price touches a round level.
- Alert when 'Current Highs-Lows' — send an alert when the price touches the current levels.
- Alert when 'Previous High-Low' — send an alert when the price touches the previous levels.
- Pop up alert — pop-up alerts.
- Push notifications — push notifications.
- E-mail notifications — e-mail notifications.
- Sound alert — sound alerts.
Colors:
- H4 — color of the H4 period lines.
- Day — color of the D1 period lines.
- Week — color of the W1 period lines.
- Month 1 — color of the MN1 period lines.
- Month 2 — color of the MN2 period lines.
- Quarter — color of the Q1 period lines.
- Month 4 — color of the MN4 period lines.
- Half-year — color of the MN6 period lines.
- Year — color of the Y1 period lines.
- Period Separator — color of the period separator lines.
Line style:
- H4 — style of the H4 period lines.
- Day — style of the D1 period lines.
- Week — style of the W1 period lines.
- Month 1 — style of the MN1 period lines.
- Month 2 — style of the MN2 period lines.
- Quarter — style of the Q1 period lines.
- Month 4 — style of the MN4 period lines.
- Half-year — style of the MN6 period lines.
- Year — style of the Y1 period lines.
- Period Separator — style of the period separator lines.
Line width:
- H4 — width of the H4 period lines.
- Day — width of the D1 period lines.
- Week — width of the W1 period lines.
- Month 1 — width of the MN1 period lines.
- Month 2 — width of the MN2 period lines.
- Quarter — width of the Q1 period lines.
- Month 4 — width of the MN4 period lines.
- Half-year — width of the MN6 period lines.
- Year — width of the Y1 period lines.
- Period Separator — width of the period separator lines.
Round Levels
- Show round levels.
- Rounding (points).
- Number of levels displayed (up and down) — the number of levels to display, up and down from the current level.
- Color.
- Width.
- Style.