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Sun,06Oct2024

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TT4Y_fxLevelLines

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Summary

The "TT4Y_fxLevelLines" are our PRICE-Tool for drawing horizontal price lines in the charts according to different methods.
Already the "PL_AXIS-60" can be used as a base setup for your charts (trading map), with the aim to make the trading more efficient, systematic and successful.
They are complemented and extended by the additional methods for horizontal price lines.

The "TT4Y_fxLevelLines" are included in the subscriptions and offer different settings depending on the subscription level.

Description

The following methods are currently implemented:

PL_Axis-60
PL_fxStopHunt
PL_NEURO

PL_TQT
PL_RULE-100

Details

PL_Axis-60

Based on the 1 hour chart's horizontal price lines are plotted in the charts, which can be interprete as follows:

supply and demand areas
support and resistance lines and areas
wholsale and retail price zones

PL_NEURO

essential results of a neural system based on end-of-day data are shown in the charts:

the possible high of the day
the possible low ot the day
the possible direction

PL_fxStopHunt

Stop hunt areas based on the prices of the previous week

PL_TQT

Pric lines based on the Quarter Theory (~ 250, 500, 750, 1000er Linien)

PL_RULE-100

Price lines based on the Rule-100 (~ 20er, 50er, 80er, 100er lines)

Implementation

For the platform JForex/Dukascopy the TT4Y_fxLevelLines are implemented as a Strategy.
Run once and you can use it acording to the permissions in every chart.
With ONE keystroke (Shortcut) you can activate and deactivate the lines in all of your charts.