AutoLevels

Forex Software has taken a new turn with the introduction of AutoLevels. This innovative tool is designed to simplify and optimize trading in the Forex Market. It achieves this by automatically calculating and marking resistance and price reversal levels, thereby providing a statistical insight into the Forex market trends.

Functionality of AutoLevels Forex Software

AutoLevels Forex Software operates by performing statistical calculations and plotting a regular grid on which the quote moves on the graph. These levels, which are marked in the form of horizontal lines, serve as critical points on the chart indicating areas of price reversal and resistance. The software is designed with simplicity in mind, allowing traders to select a timeframe, and the AutoLevels tool will do the rest.

Understanding ‘Dense’ and ‘Voids’ Areas

The AutoLevels software uses solid lines to indicate ‘dense’ areas – these are areas where price reversal happens more frequently. On the other hand, dotted lines are used to represent ‘void’ areas, which are support/resistance levels where quotes occur less frequently. The typical difference between these ‘dense’ and ‘voids’ areas is approximately 8-12%.

Customization and User-Friendliness

Another noteworthy feature of the AutoLevels Forex Software is its customizable parameters. Users can specify their preferred timeframe (the current one is set by default) and choose styles for drawing levels. This feature enhances the user experience by providing a greater degree of control over the trading process.

Independent Testing and Updates

For those interested in testing the efficiency of AutoLevels, independent testing of this product is available on the forexroboteasy.com website. Subscriptions for updates on the results of testing this product are also available. This allows users to stay informed about the software’s performance and updates.

Frequently Asked Questions

1. How does AutoLevels Forex Software work?

AutoLevels operates by performing statistical calculations and plotting a regular grid on the chart. It marks resistance and price reversal levels for optimized trading.

2. How can I customize AutoLevels?

You can customize AutoLevels by specifying your preferred timeframe and choosing styles for drawing levels.

3. Where can I test the AutoLevels Forex Software?

Independent testing of this product can be conducted on the forexroboteasy.com website, where you can also subscribe for updates on the results of testing this product.

In conclusion, AutoLevels Forex Software is a robust and user-friendly tool that can help traders navigate the Forex Market more efficiently. Its automated calculation of resistance and price reversal levels provides a simplified yet insightful trading experience. We invite users to share their experiences using this tool. Please note that this review is independent, and the product described is not endorsed by the author.