RED D Worce Levels trading system
RED D Worce (Day, Week, Month) – an indicator of mathematical levels
The indicator shows the levels calculated on the basis of the last day or week on the chart. Based on volatility, displays the beginning of the day, entry levels and goals. Traded intraday after 8 a.m. on the appearance of volatility in the European and American sessions. If there is insufficient volatility, use gray levels to exit. If the price sticks (flat, saw), it is recommended to exit the position.
Included in the RED Levels Bar
Description of RED D-Levels Settings
The main
Start Hour – choose from what time to calculate. You can not change. But the levels will be more accurate if you choose the time from which the PN usually starts and the PT ends in the terminal (GMT 0). Adjustment for Day levels only.
Visual settings
Label Visual – display labels above levels
Label Font Size – font size of labels above levels
Label Shift Bars – indent the level names from the beginning in bars
Levels Tooltip – display a pop-up window with the name when you hover over the level
Color – level line color
Width – level thickness
Style – level line style (only if the thickness is 1)
Alert Settings
Alert – enable / disable alert. It works once per candle when touching
Alert Pop Up – enable / disable alert pop-up
Alert Push – enable / disable notification to phone
Alert E-mail – enable / disable sending alerts to email
Alert Sound – enable / disable alert sound
Alert Sound Name – name of the sound file
RED D Worce Levels trading system