Lux Algo Liquidity Swings Indc M4

Lux Algo Liquidity Swings Indicator MT4: Unveiling Trading Opportunities

Unlock the power of precision with the Lux Algo Liquidity Swings Indicator MT4. Designed for MetaTrader 4 (MT4), this indicator identifies significant swing areas, providing insights into accumulation/distribution zones and potential support/resistance levels. Let’s dive into the details:

Key Features:

1. Swing Area Highlighting:
   • Detects swing areas with existing trading activity.
   • Zones delimit swing areas based on the number of times price revisited them.
   • Labels display accumulated volume within swing areas.
2. Filtering Options:
   • Filter out swing areas with low volume or counts below a user-set threshold.
   • Focus on significant swing areas with higher liquidity.
3. Swing Levels:
   • Highlight broken swing levels (displayed as dashed lines).
   • Broken swing highs signal bullish indications, while broken swing lows indicate bearish trends.

Recommended Settings:

• Currency Pair: Consider major pairs, especially EURUSD and USDJPY.
• Minimum Deposit: While the exact minimum deposit isn’t specified, start with at least $200 for effective trading.
• Timeframe: Optimal performance on the M15 timeframe.

How the Indicator Works:

1. Swing Area Calculation:
   • Choose between “Wick Extremity” (using high-to-close/open range) or “Full Range” (entire candle range) for swing area calculation.
   • Intrabar precision allows more accurate volume calculations.
2. Filtering Swing Areas:
   • Filter by count (number of revisits) or volume (accumulated volume within the area).

Stay Updated:

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Additional Resources: 

Instant Download: https://www.fxcracked.org/product/lux-algo-liquidity-swings-indicator-mt4/

Contact: https://t.me/yoforexrobot

Happy Trading