Interesting thing. If it comes from previous day that means it may differ if there are different server times. It seems to me that it works well on the given chart, where it is calculated. As I said previously, it is mystical. As mystical as Gann, ...

Simple trading: levels and price action (mainly on DAX)

You can flatten like this: click on the "price area" (where prices are shown). Its color will change, it shows that it is activated, and you can flatten with mouse up/down moving. Now I have to go, but here are the Auto-levels today:

Simple trading: levels and price action (mainly on DAX)

As I know, it depends on the previous day. High day: bigger distance, low day: smaller distance. Generally between 20-35 pips. Here I wrote it earlier, how I use the MM and/or auto-levels. I clearly understand and know why and how the auto-levels ...

Simple trading: levels and price action (mainly on DAX)

Hey IndexScalper, Your accounts can be at any broker, not only one. Here are the levels .. (today is a weak day, ADR is only 56%, price wrapped around the levels)

Simple trading: levels and price action (mainly on DAX)

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Simple trading: levels and price action (mainly on DAX)

And a newer +43 pips (I was a bit impatient with closing, too early)

Simple trading: levels and price action (mainly on DAX)

First trade today, +76 pips between MM-levels. (And, round number as a support.)

Simple trading: levels and price action (mainly on DAX)

Yes, perfect tool for me.

Simple trading: levels and price action (mainly on DAX)

I got this (with the v1.31): "I removed the Auto Close button. Instead of Auto Close, there are Upper Close Level (UP CL) and Lower Close level (LO CL) on the Trade Panel. So, one can manually manage the global closing on the chart! If price reaches ...

Simple trading: levels and price action (mainly on DAX)

Hey Max, 12 seconds and 24 ticks are pretty similar (generally there are 1-3 ticks/second), no special benefit. I did try it and use it. You can use the 12 sec if it is better for you. The essence: not too fast, not too slow. Optimal for controlling ...

Simple trading: levels and price action (mainly on DAX)

LOL, LOL and gigaLOL ... Nevermind!

Simple trading: levels and price action (mainly on DAX)

I have to go now, so finally closed them in +60 pips.

Simple trading: levels and price action (mainly on DAX)

Let's see. Trades at auto-levels. Currently in +34 pips, target at +110, stop at breakeven (at round number). I don't let it to go into minus. Look, how supports turn to resistances!

Simple trading: levels and price action (mainly on DAX)

image

Simple trading: levels and price action (mainly on DAX)

+42 pips (break out from auto-level)

Simple trading: levels and price action (mainly on DAX)

And after, again .. (DAX sheet music)

Simple trading: levels and price action (mainly on DAX)

And after ..

Simple trading: levels and price action (mainly on DAX)

Auto-levels ..

Simple trading: levels and price action (mainly on DAX)

I don't know exactly, but think it is independent from the timeframe. It should come from the values of the previous day. I get them from the ScalperChart automatically (without any adjustment).

Simple trading: levels and price action (mainly on DAX)

Current levels ..

Simple trading: levels and price action (mainly on DAX)