Flat indicator.

Most traders consider the flat state not suitable for trading on the foreign exchange market, but it is at this moment that you can get a guaranteed profit.

You can conduct trading either manually or using a special indicator. The flat indicator is one of the variants of the channel indicator, which records the lows and highs of the flat, and builds price levels based on them.

After installation, the indicator builds several levels of different colors, which are designed to characterize the situation on different time frames.

Download the flat indicator

. The convenience is that in addition to the level line itself, a window with a digital value also appears on the chart of the currency pair.

There are quite a few levels, each with its own channel for a certain time period.

The visual display of the picture can be adjusted both in the settings of the tool itself and by changing the scale of the currency pair .

If you are not satisfied with the work of the “Flat Indicator”, you can change the following settings:

StartHour and StartMinute - setting the initial operating time of the instrument, by default it is 0 and 15, that is, at this time data from M15 and shorter time frames are used for calculations.

EndHour and EndMinute - indicates the time period boundary for receiving data.

TargetLevel - digital Fib value that will be used in the indicator.

Next are the settings for the color display of levels.

When using the tool, try to bring the above settings in line with your time frame , this will increase the comfort of your work and, accordingly, its effectiveness.