Forex WF Levels MT4 Indicator:
About the Forex WF Levels MT4 Indicator
Indicator shows Support and Resistance Levels.
In stock market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level.
Support and resistance are key concepts that help traders understand, analyze and act on chart patterns in the financial markets.
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)