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Psychological Levels For Multi Pair

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The indicator was developed by a former hedge fund employee, and it automatically detects when prices reach important psychological levels. Also known as” integers “or” rounded numbers”, these levels act as price barriers where a large number of orders usually accumulate. And the higher the psychological level, the more orders are usually placed in this area. Thus, these levels can be used to determine the inputs and outputs, as well as to provide a very strong risk-return ratio.

Remember: Research shows that more orders end in “0” than in any other digit.

  • Simultaneously tracks all 28 pairs. Attach the indicator to just one chart and immediately track the entire market.
  • Sends a real-time alert every time the specified level is reached.
  • You can choose to track any levels. From a small range of 5 pips (1.0005, 1.0010, 1.0015, etc.), up to 5000 pips (1.0000, 1.5000, 2.0000, etc.).

We recommend levels that are at least multiples of 50 pips. Such as 50, 100, 250, 500, 1000, etc. The higher the number, the stronger the psychological significance.

For example:

1.1050 will be a multiple of 50 pips.

1.1100 will be more significant than 1.1050, because it is a multiple of 100 pips.

1.1500 will be more significant than 1.1100, because it is a multiple of 500 pips.

1.2000 will be more significant than 1.1500, because it is a multiple of 1000 pips.

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For example:

1.1050 will be a multiple of 50 pips.

1.1100 will be more significant than 1.1050, because it is a multiple of 100 pips.

1.1500 will be more significant than 1.1100, because it is a multiple of 500 pips.

1.2000 will be more significant than 1.1500, because it is a multiple of 1000 pips.

  • Pip Range: Select the pip levels to track.

For example:

If you select ’50’, the indicator will search for 1.1000, 1.1050, 1.1100, 1.1150, etc.

If you select ‘100’, the indicator will search for 1.1000, 1.1100, 1.1200, 1.1300, etc.

If you select ‘250’, the indicator will search for 1.1250, 1.1500, 1.1750, 1.2000, etc.

If you select ‘500’, the indicator will search for 1.1000, 1.1500, 1.2000, 1.2500, etc.

If you select ‘1000’, the indicator will search for 1.1000, 1.2000, 1.3000, 1.4000, etc.

For example:

If you select ’50’, the indicator will search for 1.1000, 1.1050, 1.1100, 1.1150, etc.

If you select ‘100’, the indicator will search for 1.1000, 1.1100, 1.1200, 1.1300, etc.

If you select ‘250’, the indicator will search for 1.1250, 1.1500, 1.1750, 1.2000, etc.

If you select ‘500’, the indicator will search for 1.1000, 1.1500, 1.2000, 1.2500, etc.

If you select ‘1000’, the indicator will search for 1.1000, 1.2000, 1.3000, 1.4000, etc.

  • Alert Interval Minutes: The time interval for receiving alerts for a specific pair.

For example:

Do you want to be notified every time the price reaches a specified level? Or do you want to receive alerts only once every ‘ X ‘ minutes? This option allows you to select it.

For example:

Do you want to be notified every time the price reaches a specified level? Or do you want to receive alerts only once every ‘ X ‘ minutes? This option allows you to select it.

  • Symbols: By default, the indicator tracks the top 28 pairs, but you can specify a smaller number of pairs if you want.

For more detailed information, I recommend reading the screenshots below. If you have any questions, please contact us.

Be sure to check out our other indicators and our short videos. These videos contain a lot more information (including our trading guidelines).

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