Realytica DLEVELS is a indicator that maps the probable levels and range for a specified time frame.
Which time frame levels/range is set in the dashboard. DLEVELS is also one of the indicators in the suite that benefits greatly from the ability change the time frame the indicator makes its calculations on.
Allowing you to observe higher time frame levels while operating on a lower time frame.
Automated Levels + additional barriers.
Timeframe change inside indicator.
Ready made alarms with editable default messages.
Asset independent. Works across equities, futures, forex and crypto
Customizable visual settings.
Shared color coding with rest of indicators.
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- SPXUSD – 1HR
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- TSLA – 1HR
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- BTC – 1HR
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- XAUUSD – 1HR
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- Dashboard
Sample screen shots with the indicator using the default settings. Using same time frame for consistency.
Duality?
Levels/ranges are victims of duality by their design.
The outer levels or range boundaries holds a duality that´s difficult to read in isolation. If we pass the last level or outer range boundary, does it mean we reverse or break out?
We´re left with a price level having a dual meaning to different traders, while both observing the same price level.
The DLEVELS indicator comes with the possibility to show the levels outside the core levels as well. And crucial to when price breaks out of the core levels.
And by observing the price behavior outside the core levels, we can form a better read on what to expect.
But just like everything else, we can´t tell exactly what´s next, but create a probabilty evaluation.
All Realytica indicators have been created with the user in mind. Thus clear colors, same color coding across indicators, similar vocabulary, all in an attempt to shorten the decision process when dealing with possibly multiple indicators. And all have visual customization options in the dashboard, to make the indicator look the way the user prefers.
