This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future,when the price bounces off such levels, it can be successfully applied in trading. They are displayed as lines, and some parameters for determining levels can be configured. This indicator is a free version of Volume Levels MT5, so it does not report signals, and the construction of levels is limited to one currency pair EUR/USD. For all currency pairs and receiving alerts (when the price touches the level, or pushes off from it), use the full version:  in which you can also change the color of the lines and the timeframe for searching for volumes to build levels.

• HistoryBars – the number of bars for determining the near volume levels;
• Range – the maximum distance above and below the current price to determine the levels;
• HistoryBarsLevels2 – number of bars for determining the far volume levels;
• MinDistanceLevels2 – minimum distance from near level to far level;
• RedrawTime – time for redrawing levels (seconds multiplied by the current timeframe);
• LevelsDeterminationStep-the step of determining the levels (the smaller the step, the higher the accuracy, but the calculation of levels can take longer);
• ClosedBarSignalOnly-display a new signal only when the bar is closed (otherwise, the signals will be before the close, and they may not be accurate);

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