The LevelForecast technical analysis indicator is a comprehensive technical analysis system created for analyzing financial markets and using it in the MetaTrader 4 and MetaTrader 5 trading platform. Version for PC and operating systems Windows, Linux and Mac OS.
LevelForecast is great combination of previous experiences and new thoughts that created very effective system of technical analysis and helps to realize the simulation of price and time levels in the forecast range.
LevelForecast is a unique and effective technical analysis system that extends trader's capabilities that use the MetaTrader trading platform. The wide functionality of the indicator allows you to automatically simulate price and time levels in the predicted range to maximize revenue and minimize risks.
1. Search for entry points
2. Determining the pattern models
3. Identify levels of support and resistance
4. Calculation of stop-loss and take-profit levels
5. Evaluation of the current market trend and modeling of the possible price movement.
6. Search for possible extremes
7. Determination of stagnation or consolidation of the price trend
8. Searching for the relationship between of the price and time levels
1. Applying at various timeframes and markets (currency pairs, futures, stocks, indices and crypto-currencies or etc.).
2. Calculation models and show price levels are produced in automatic mode.
3. Visualization of price and time levels on the terminal charts.
4. Visualization of support and resistance levels on the terminal charts.
5. Automatic projection of computed models into the predicted range.
6. The unique capabilities of the LevelForecast indicator allow us to apply it as a basis for building trading systems.