VR Color Levels – Technical Analysis Tool

Review

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

Features of the VR Color Levels indicator

• Works independently on different charts;
• Working with objects occurs in one click;
• Suitable for both beginners and professional traders;
• Not a large number of settings, they help to selectively synchronize;
• Works on any financial instruments (Forex, CFD, Crypto, Metalls, Futures);
• Easy to installation and configuration, the program comes with text and video instructions;

• For the Trading-Go
market
• Supplied with archive containing versions for MetaTrader 4 and MetaTrader 5;
• Does not work in the strategy tester;
• Installation instructions;

• For the market Mql5.com
• Available for download in the Mql5.com market;
• Does not work in the strategy tester;
• Installation instructions;

Advantages

There are a large number of indicators and utilities similar to VR Color Levels, the advantages of this version are:

• High speed;
• Operation stability;
• Simplicity and reliability;
• Ability to create texts;
• Ability to take screenshots;
• Regular updates and constant improvement of the quality of the indicator;

Settings

Indicator settings:

• Button size
• Size 24
• Size 28
• Size 32
• Size 36
• Size 40
• Size 44
• Menu direction
• Vertical
• Horizontal
• X position
• Y position
• Prifix objects

Video

FAQ

How to set the indicator?

How to set the indicator?

Open MetaTrader terminal > Top left File > Open data directory > Mql4 or Mql 5 folder > Indicators folder – Copy the indicator to this folder and reload the terminal. The indicator will appear in the navigator of the MetaTrader terminal.