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 Example 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.
Download Now:
Download the “Key PA Levels.mq4” indicator for Metatrader 4
How to install this indicator on Metatrader 4?
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the Key PA Levels.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.
