Ideas & Algorithms
Prices level play a huge role in trading, as well as in the decision-making process to setup in market. Trade from the Price levels is becoming more popular. The LevelForecast indicator is designed exclusively for building trading Price levels using the entire history of the trading instrument, taking into account the possible movement of the price to the nearest strong historically and algorithmically confirmed level.
About the price levels today they say almost everywhere. They use trading setup, they are the subject of disputes between traders and analysts, the basis for building trading systems and forecasting market situations. At the same time, the term "Level" is used by us without ceremony, although if we interview a random hundred constantly mentioning it, it is unlikely that many will be able to give it a competent definition. This is what we will do in the framework of this material.