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LT Automated Support Resistance Screener
Overview
The LT Automated Screener stands out in the realm of Forex Trading tools for its unique and practical features. As a free Forex Indicator, it provides a comprehensive analysis of the Forex Market and offers efficient support and resistance values for traders.
Understanding the LT Automated Screener
The LT Automated Screener is a level indicator, specifically a support resistance indicator. This tool is primarily used to ascertain the level of support and resistance values in the Forex Market. One of the key aspects that set this Forex support resistance indicator apart is that it is not only free but also compatible with the Metatrader 4 platform, which is built using the MQL4 programming language.
Wide Application Across Markets
This Forex Support Resistance Indicator is not limited to Forex Trading alone. It is versatile and can be employed for various markets like indices, gold, and more. Furthermore, it is adaptable to all time frames, making it a versatile trading tool.
Benefits for Both Newbie and Professional Traders
The LT Automated Screener is not merely limited to experienced traders. Both newbie traders and professional traders can utilize this Forex Support Resistance Indicator to their advantage. It simplifies the process of trading by providing clear and precise support and resistance values, leading to informed decision-making.
Key Features of LT Automated Screener
The setting input of the LT Automated Screener includes Max History Bars, Bars Before Fractal, Bars After Fractal, and the Divisor value. The divisor value is particularly noteworthy as it divides the range of each buffer. For instance, if the indicator uses a divisor value of 100, then there are 4 divisions in each buffer.
FAQs
Is the LT Automated Screener free?
Yes, the LT Automated Screener is a free Forex Support Resistance Indicator.
Can the LT Automated Screener be used for markets other than Forex?
Yes, the LT Automated Screener is adaptable and can be used for various markets like indices, gold, and more.
Is the LT Automated Screener suitable for newbie traders?
Yes, both newbie traders and professional traders can utilize the LT Automated Screener effectively.
Independent testing of the LT Automated Screener is available on the forexroboteasy.com website, where users can also subscribe to updates on the results of the productโs testing. We encourage readers to share their experiences of using this product in the comments below. Please note that this is an independent product review and does not endorse or promote the product.
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