Important Levels

Modified on Thu, 28 Aug at 3:28 AM

VolSys Important Levels indicator allows you to highlight the most important levels on a daily, weekly and monthly basis. This indicator is particularly useful in intraday charts, as it allows the user to always have the highs, lows, opening and closing prices, POCs, value areas, VWAPs, and average values of the periods enabled.

Follow this short video tutorial: https://www.youtube.com/watch?v=s0PAC0rYtGQ


INDEX


Settings-of-Use


Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the functionality of the indicator itself.  




  • Settings Length

In this section you will be able to set the number of days, weeks, months that you want to highlight.


If Skips last is enabled, the indicator will not highlight the important values of the current day, week and month.



  • Settings-Display

  • Text-size

Allows you to change the text size of the various labels reported by the indicator;

  • Display-type

Lets you determine the display type, being able to choose between Text, Line or Text and Line

  • Text-align

Allows you to determine whether to display text at Left, at Right, from Current to Right or Current to last, i.e., report levels 


  • Enabled-Daily/ Weekly/ Monthly

Enables important values that the user is interested in, being able to choose between Minimum, Maximum, Open, Close, POC, Value area, VWAP and Average value.



  • Color Settings 

Lets you change the colors of the various important values; if you want to differentiate colors between daily, weekly and monthly important values, you can insert multiple Important Levels indicators, for example, one with only daily values and one with only weekly values, differentiating their colors.






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