Indicator Description

 

CFD Ticks Levels is a simple but highly effective script designed to find areas of support and resistance through ticks exchange. This indicator is designed specifically for CFDs and requires entering the correct CFD value in the settings. For example, for US500 use 500, for DAX30 use 30, for FRANCE40 use 40, etc.

 

CFD Ticks Levels in action on a selected financial instrument.

Screenshot from the CFD Ticks Levels Settings menu.

    Complete list of features included in this indicator:

  • CFD Number: Enter the correct CFD value for the corresponding market (e.g., US500=500, DAX30=30).

This indicator uses default settings, which should be fine-tuned to align with the specific characteristics of the market instrument being analyzed. Adjustments may be necessary to optimize performance in different market conditions.

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