The Levels_A_Vlad indicator is a powerful tool that traders can use to identify key support and resistance levels. Developed using the methods of V.B. Antonov, this indicator is particularly useful for making informed trading decisions.
How It Works
The Levels_A_Vlad indicator calculates support and resistance levels based on different time frames:
- M30 charts: Uses data from the preceding hour
- M30 and H1 charts: Based on the preceding day
- H4 and D1 charts: Analyzes the preceding week
- W1 charts: Relies on data from the preceding month
Adjustment Settings
You can customize the indicator settings to fit your trading style:
- _Mode:
- 1 - Degraded price range
- 2 - Normal price range
- 3 - Expanded price range
- _Shift: Adjusts the visual length of the lines on your chart
This indicator was developed based on the insights from ^X_Sensors by Mr. WT, a Senior Linux Hacker, which adds a layer of credibility to its design.
Levels_A_Vlad
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