Round Number (Levels) Indicator ... - Forex Sentiment Board

S&P 500 (Report 9/28 - 10/2)

With the trading week coming to a close I wanted to help inform those of you who actively trade indexes on what to look for next week.
With a significant amount of volatility in equity markets over the past few weeks, and concerns around the pandemic, election, pace of economic recovery, and serious doubts over another round of stimulus have mounted. I know all of us are watching the market like a hawk to determine the next trend (bull/bear) as the next few months will be very closely correlated to the election and which candidate will win. i.e. If the market goes up Trump's likely to stay in office, downtrend would suggest Biden as the new president. The market historically has always strongly correlated with the presidential election.
After crunching the numbers this afternoon, I have my next week's S&P key support/resistance levels and pivot points to watch out for. I did a combination of classic and Fibonacci that weren't too far off from one another. I tried to upload my chart/drawings but Reddit is saying the file is too big to upload directly into the post. I'll try to add a link later if I get time. For those of you who would like to learn how to calculate support/resistance and pivot points you can learn the basics of how to do so here.
I know you guys love clicking +/-0.30 deltas and exiting at 50% profit, but I feel indicators are key to choosing our options strike(s), and futures entry/exit points. I prefer to sniper my strike(s) to limit my upside/downside risks. When trading options we should all have an entry/exit strategy. Support/Resistance helps us determine what strike(s) to pick, and when to close the order. If you are trading index futures please set stop/limit orders to limit your upside/downside risk as well.


Classic: S3 [3128.42] S2 [3210.41] S1 [3264.94] Pivot Point [3346.93]
R1 [3401.46] R2 [3483.45] R3 [3537.98]

Fibonacci: S3 [3210.41] S2 [3262.56] S1 [3294.78] Pivot Point [3346.93]
R1 [3399.08] R2 [3431.30] R3 [3483.45]
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RoundLevels MetaTrader 4 Forex Indicator. Many traders contemplate "round" levels (to be a lot of precise, the levels, the vertical coordinate of that (in points) ends with "00") because the levels of resistance/support. Example: the degree of one.5800 and 1.5900 for EUR/USD. Indicator RoundLevels attracts 2 "round" nearest levels higher than and below the present index number.The indicator is ... Many traders consider “round” levels, i.e. those in which the vertical coordinate (in points) ends with “00”, as support or resistance levels. Example – the levels of 1.5800 and 1.5900 for EURUSD. The RoundLevels indicator draws two closest “round” levels above and two below the current price. This indicator was first implemented in MQL4 and published in Code Base at mql4.com on ... MT4 Round Numbers Indicator. Professional traders and seasoned traders often use round numbers. Since here we strictly focus on pro trading tools only, we added this custom round numbers indicator for Metatrader 4 which you can download free. Indicator settings allow the following: Change line colors. Plot indicator lines to background or foreground (as seen in these two chart pictures). How ... The grid round numbers indicator for MT4 draws a grid at round numbers. For example at 1.100, 1.1150, 1.1200, 1.1250, and so on. Why might this be a useful Forex trading indicator? Some traders place a stop loss near round numbers; Usually above the round number for sells and below the round number for buys. The indicator displays round levels in MT4. On the chart, it shows the key psychological levels divided into groups: whole number, half-number, and quarter-number levels. The indicator is automatically zoomed according to the chosen currency pair or timeframe. FXSSI - Forex Sentiment Board MT4 Round Number indicator draws horizontal lines at 00/50 round number price levels. Download MT4 Round Number indicator here: MT4 Round Number indicator. Related: Download Forex Quote Spread Indicator Forex quote spread indicator shows bid/ask price and spread the in the MT4 chart. Very useful. Continue reading →... Day High Low Middle Indicator Download Day High Low Middle indicator will ... Grid Round Numbers Metatrader 4 Forex Indicator. The grid round numbers indicator for MT4 draws a grid at round numbers. For example at 1.100, 1.1150, 1.1200, 1.1250, and so on. Why might this be a useful Forex trading indicator? Some traders place a stop loss near round numbers Usually above the round number for sells and below the round ...

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Getting million dollar in Forex using Round number - YouTube

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