"BIG FIGURE INDICATOR" automatically identifies and draws horizontal lines on price charts at specific levels, such as whole numbers or half-numbers (e.g., 1.0000 or 1.5000 in currency trading). These levels are considered psychologically significant because they represent round numbers that big traders and investors may focus on, leading to potential support or resistance levels. The big figure indicator can help traders identify important price levels and make trading decisions based on these levels.
- Lines are visible only between M1 and H8 TIMEFRAME Chart- Lines color can be changed in the Inputs Parameter tab
- Can be used with all currency pairs
Version MT4 : https://www.mql5.com/fr/market/product/96747
NOTE : It is required to load firstly the Daily (D1) timeframe for the best functioning of our indicator
