The Key PA Levels indicator for MT4 displays key levels and round numbers on the activity chart that can be useful for take profit and stop loss purposes.
Round numbers and key levels are often used by professionals for placing profit targets and stop losses.
The indicator draws all levels as horizontal lines on the main chart.
It displays the 00, 50, 20, and 80 levels. All colors can be easily modified by editing the indicator’s inputs.
Free Download
Download the “Key PA Levels.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The example chart below displays the Key PA Levels mt4 indicator in action on the trading chart.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Key levels
Does the indicator repaint? No.