Description
limit trading indicator
MT4 Signal Indicator Limit Trading Indicator is based on real market data. Watch what’s happening in global markets.
Vendor: https://limitedtrades.com
Indicator: limit trade indicator.ex4 (Unlimited)
Document: pair and Timeframe
⊙ Exclusive MT4 indicator
⊙ 85% winning rate
⊙ More than 60 signals per day
⊙ Exclusive market data
⊙ Real-time data updates
Buy signal
The price is approaching the maximum volume level (from top to bottom), which in this case is 914,000 contracts. Note the localized volume (located inside the chart), where larger localized volume coincides with larger global volume. This in turn confirms the player’s interest in the level.
Sell Signal
Maximum volume was 677,000 contracts. It is worth noting that the market “hit” a large local volume (bottom to top) and the largest local volume (red) occurred at the same time as the largest global volume (red). We see strong resistance and therefore the market is falling.
Indicator device.
The indicator consists of local and global level volumes, which are formed based on the player’s orders.
The global volume is located on the right side of the terminal.
The local volume is formed just inside the chart.
Global and local level periods are configured in the indicator parameters.
The largest of the local and global volumes is colored red.
⊙ What is the maximum level/volume?
In the screenshot above, the maximum level is 1,024,000 contracts. This makes the level stand out from the rest and colors it a light red.
When you trade with this indicator, you will constantly see strong resistance near the strongest level.
We consider both local and global volumes!
The market reacts to large amounts of local volume. Let us remind you that local volume is formed directly within the chart. See how strong the market’s resistance to that level is. It is also important to consider global volume. Notice that the large local and global volumes appear almost simultaneously and at the same level.
Buy Signal
Price has approached large volume from top to bottom and we open a position to the upside.
Sell Signal
Price breaks through volume from top to bottom, enters a sell condition and retests the level.
Sell Signal
Entry in the direction of the trend. The price moves downwards and we open a position when the price rolls back from bottom to top on volume.
Buy Signal
Log in after confirmation. We only close a trade when we see price reacting positively to volume.
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