Watch the testing video here:
Level Sensor Indicator
Introduction to the Level Sensor Indicator
The Level Sensor Indicator is a forex technical analysis tool that show important market levels. It works in simmilar manner to the Market Profile.
This indicator is plotted directly on the main trading chart on the right side.
We suggest to use it as a filter for opening and exiting transactions. Go ahead and add it to your best trading system.
It fits all kinds of timeframes and currency pairs.
The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Level Sensor indicator in MT4?
Copy and paste the level-sensor.mq4 or level-sensor.ex4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, that goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
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