In trading, identifying and monitoring key price levels is a common practice. However, important support and resistance levels can sometimes be overlooked without the right tools. This can lead to missed trading opportunities and the oversight of critical price points.
With Price Level, you can now easily and flexibly mark these important levels, ensuring you stay aware of potential opportunities.
Price Level allows you to effortlessly define any price level to use as support/resistance levels or supply/demand zones based on your own analysis. The indicator automatically displays the defined price levels on the chart as plots, helping you track and analyze the market more efficiently while saving time compared to manual drawing.
Additionally, Price Level enables you to mark up to five fully customizable price levels, each represented by a plot with its own unique color. You can either personalize the colors to suit your preferences or use the default settings. This makes it easy to visually distinguish between price levels, as the colors only need to be set once.
The indicator offers significantly more convenience than the built-in NinjaTrader 8 tool, where you have to manually adjust the color for each level every time you mark it.
If you're looking for a simple and convenient indicator that helps you track and customize important price levels according to your personal preferences in a visual and time-saving way, join the ninZaFamily community today and receive Price Level for FREE!
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