The Strongest Level Global is an indicator for MetaTrader 4 that can be found on the MQL5 marketplace. This Forex indicator was originally released on the 16th of June 2014, it has been updated a few times, the most recent update was back on the 24th of October 2014 and is currently at version 1.23.
The Strongest Levels Global is an indicator that can be used with the MetaTrader 4 trading platform, it works by automatically plotting a system of the nearest levels of strong resistance and support on a separate window based on the users’ choice.
The indicator is compatible with any broker, it doesn’t matter on the instrument name or symbols, the main indicator requires manual execution of trades and it will not do them automatically, however, automated trades can be made if the indicator is combined with an expert advisor that can do this.
There are a number of parameters that can be altered such as the color of lines, graphs, and more. You can also change the calculation method to better suit your individual strategy.
This utility can be purchased for $12.50. There is no way to rent the software so purchasing it outright is the only option available. There is also a free demo version available, the page does not indicate what the limitations of this free version are, but we know what there will be some.
There are unfortunately no reviews available on this bit of software so we do not know whether its users are finding it helpful or if it is, in fact, doing what it is meant to. There are however a few comments about the software from potential clients and the creator has responded to them quickly which is positive.
As always we would suggest downloading and trying out the free version, this will give you an indication as to how the software works and it also allows you to make sure that you are able to get it set up correctly before making a purchase.