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Forex multi level zone indicator

Forex multi-level zone indicator is based on neural networks. The indicator is intended primarily for forex trading but recommended- m30 and H4 candle timeframe.

By Pooja VermaPublished 2 years ago 3 min read

Forex multi-level zone indicator is based on neural networks. The indicator is intended primarily for forex trading but recommended- m30 and H4 candle timeframe. The Forex multi-level zone indicator does not repaint.

Forex Pairs : EUR/USD,GBP/USD,USD/CHF,AUD/USD,USD/JPY,EUR/JPY,USD/CAD,EUR/GBP etc.

This is our best Forex Trading Indicator. Non-repaint Indicator and accuracy 95%+ This is the world’s best Indicator for Scalping. Its name is “Forex multi-level zone indicator” This indicator is very easy to use for beginners And fully automatic.

Download Here Multi level zone indicator

Characteristics of Forex multi-level zone indicator

1. Platform – Metatrader4

2. Asset -Any Currency Pair.

3. Candle Timeframe – M30 and H4

4. Expiry Time – M30 for 1-2h and 4H for 5-8H.

5. Trading Time – Around the clock.

6. Be Alert Don’t trade on Medium Impact and High Impact news release time.

HOW TO USE:-

FOR SELL ENTRY:-

1. First made cross all 3 indicators on the top.

2. Second made Selling candle on the top.

3. Third 2 Confirmation made after Instant Sell and Set up TP & SL

4. SL will be 20 pips(SL set up over the Orange color Indicator) and TP will be 40–50 Pips

FOR BUY ENTRY:-

1. First made cross all 3 indicators on the Bottom.

2. Second made Buying candle on the Bottom.

3. Third 2 Confirmation made after Instant Buy and Set up TP & SL

4. SL will be 20 pips(SL set up below the Skyblur color Indicator) and TP will be 40–50 Pips

"Forex multi-level zone indicator" by that name. However, I can provide you with information on the concept of multi-level zone indicators in the context of Forex trading.

In Forex trading, indicators are tools used to analyze price data and identify potential entry and exit points for trades. Multi-level zone indicators typically refer to indicators that display multiple levels or zones on a chart, which traders use to identify areas of support, resistance, or other significant price levels.

These indicators often help traders make decisions based on price action, trends, and market sentiment. Examples of multi-level zone indicators include pivot points, Fibonacci retracement levels, and Bollinger Bands.

1. Pivot Points: These are calculated based on the previous day's price action and provide potential support and resistance levels for the current trading day.

2. Fibonacci Retracement Levels: Traders use Fibonacci ratios to identify potential reversal levels after a price trend has occurred. Common retracement levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6%.

3. Bollinger Bands: These consist of three lines: a middle line (simple moving average), and upper and lower bands (standard deviations from the moving average). They help identify potential overbought or oversold conditions.

Please note that specific indicators may be introduced or updated beyond my last update in September 2021. To find the most up-to-date and relevant information on any particular indicator, it's best to consult popular Forex trading platforms, forums, or websites specializing in trading indicators. Always exercise caution and test any new indicators or trading strategies in a demo account before using them in a live trading environment.

In general, Forex indicators are graphical representations or mathematical calculations based on historical price and volume data. They are used to analyze market trends, identify potential entry and exit points, and assess market strength or weakness. Traders use indicators to make informed decisions about their trading strategies.

If a "multi-level zone indicator" exists, it could potentially refer to an indicator that displays multiple zones on a price chart, each representing different levels of support or resistance. These zones might be based on significant price levels, moving averages, Fibonacci retracements, or other technical analysis tools.

If you are interested in using such an indicator, I recommend searching for the latest information on Forex trading forums, websites, or specialized trading platforms. Always be cautious and thoroughly test any new indicator before using it in live trading. Additionally, consider consulting with experienced traders to get their insights and opinions on the effectiveness and reliability of the indicator.

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About the Creator

Pooja Verma

Forexwebstore.com Discover the Best Forex Indicators for a Simple Strateg. This page features key technical indicators for the most popular currency pairs in real time.

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