Simple Level - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources
The EA starts trading from the support and resistance levels set by the trader (trend lines - elements on the toolbar). The direction is selected graphically via arrows.
There are two options:
Depending on the angle, the horizontal plane has different colors. If inappropriate arrows are set, the level is "Off". In this case, the liquid level is very thin. If you want to make a horizontal ruler, move its second handle to the left from the first.
Attachment download
📎 simple_levels.mq4 (12.11 KB)
Source: MQL5 #14138
Simple Level - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
Simple Level - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 resources are MT4 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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