PowerLevels

The indicator shows the support / resistance levels, which are determined by the last few bars.

Unlike many other such indicators, it identifies a certain behavior of the large players in the market, which can be a high confidence level to judge the importance. Level, which can serve as the entry point to the position appears immediately at the opening price, is the final, i.e. not "redrawn".

Different instruments and timeframes indicator behaves differently, ie is not universal, it is associated with a different manifestation of the major market players on different instruments and timeframes.

Options

• Bars - the number of bars used to calculate the indicator.
• Accuracy - the accuracy of matching.
• Timeframe - timeframe from which the indicator value are removed. It should not be lower timeframe chart that is running the indicator.
• Line width - the thickness of the layers of lines.

The screenshots showing the operation of the indicator on the pair EURUSD H1 with the period of time since the last publication (send moderation):