VR Color Levels – Technical Analysis Tool
Version: 24.040
Updated: 21.04.2024
Added: 21.04.2024
License: Free
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More → Crypto exchangeVersion: 21.080
Updated: 28.08.2021
Added: 23.02.2015
License: Paid-Free
Professional indicator for synthetic analysis of a currency pair. The program shows the trader a general picture of the separation for each currency included in the currency pair in question.
Version: 24.040
Updated: 23.04.2024
Added: 23.06.2015
License: Free
The VR Grid indicator provides a custom chart layout. Unlike standard rulers, this indicator marks the chart at a specified interval, while the indicator grid is tied to rounded price values. This allows you to maintain the same grid cell size and ruling scale throughout time.
Version: 23.020
Updated: 13.02.2023
Added: 18.03.2021
License: Paid-Free
Pivot points (Pivot) are used by traders to identify potential support and resistance levels. Pivot points are based on the key highs, lows, opening and closing prices of the previous period. Pivots were previously used on exchange markets. Traders, before the start of the trading day, calculated Pivot points relative to the previous trading period. This helped to find the strongest support and resistance levels.
VR Color Levels is a handy tool for those who use technical analysis using elements such as trend line, rectangle and text. It is possible to add text directly to the chart and take screenshots.
Working with the indicator is carried out in one click. To do this, click on the button with the line, after which a trend line will appear under the cursor. Then, by moving the cursor, you can select the location of the line and fix it by clicking again.
The feature of the indicator is that all changes in styles and colors are automatically saved and subsequently applied to all newly created graphic objects.
The indicator is equipped with two independent buttons for setting trend lines with different styles, two independent rectangles with different styles, one text field with its own style and a button for creating screenshots. p>
Screenshots are created in the MetaTrader terminal directory in the Files folder, the saving path and file name are written in the experts' journal. Example path: C:\Users\Username\AppData\Roaming\MetaQuotes\Terminal\Character set\MQL5\Files\VR Color Levels
There are a large number of indicators and utilities similar to VR Color Levels, the advantages of this version are:
Indicator settings:
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