STOPD Levels MTF – indicator for MetaTrader 4

[Metatrader Indicators]

STOPD_Levels_MTF_indicator_MQL4.png

It plots the STOPD Price Levels based on user specified timeframe (parameter Timeframe, D – daily, W – weekly, M – monthly, Q – quarterly, Y – yearly).

The other parameters are there for customization of the price levels in case users like to experiment with other price expansion multiples.

The indicator is suitable for use in any timeframes. It can also be used multiple times within one chart to overlay multiple timeframes (MTF) of STOPD Price Levels on the same chart. The price levels are more often than not where reactions would happen.

STOPD is short form for Special Theory of Price Discovery.

How to install STOPD Levels MTF – indicator for MetaTrader 4.mq4?

Download STOPD Levels MTF – indicator for MetaTrader 4.mq4
Copy STOPD Levels MTF – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your MT4 indicators
Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
Right click on STOPD Levels MTF – indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator STOPD Levels MTF – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove STOPD Levels MTF – indicator for MetaTrader 4.mq4 from your Metatrader Chart?

Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
"Indicators list"
Select the Indicator and delete

Click here below to download: