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Version: 3.0

Example O2: Drawing of chart analyzer panel

caution

This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.

Description​

This example displays the chart analyzer panel showing comprehensive market analysis in real-time. Support and resistance levels are automatically identified and displayed, providing constant market structure awareness. The panel updates continuously.

The analyzer panel consolidates multiple analysis types in one display, showing volatility, swing phase, and key levels simultaneously. This comprehensive view helps traders understand current market context at a glance. Automatic level detection eliminates subjective bias in identifying important prices.

Visual feedback enhances strategy understanding by showing exactly what the system sees. This transparency builds confidence in automated decisions while educating traders about market structure principles.

Recreate the Example​

You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:

Trade Basics

  • Operation type = Long

Signal Generation - Indicators (MACD Main line)

  • Signal in use = On
  • Signal used for = Entry
  • Selected indicator = MACD
  • Line index = Main line
  • Draw in chart = On
  • Drawing slot = 1

Signal Generation - Indicators (MACD Signal line)

  • Signal in use = On
  • Signal used for = Entry
  • Selected indicator = MACD
  • Line index = Signal line
  • Draw in chart = On
  • Drawing slot = 2

Signal Generation - Indicator Combinations (MACD Main line & MACD Signal line)

  • Signal in use = On
  • Signal used for = Entry
  • Input indicator 1 = MACD (Main line)
  • Input indicator 2 = MACD (Signal line)
  • Value relation = Value x cross value x

Signal Generation - Chart Analyzer

  • Signal in use = On
  • Signal used for = Forward
  • Draw boundaries = Off
  • Draw extrema = Off
  • Draw supports and resistances = On
  • Draw swing phase = Off
  • Supports and resistances forward = ALL
  • Support multiplier = 1.00
  • Resistance multiplier = 1.00

Initial Stop Loss

  • Selection = Support/resistance from chart analyzer
  • Used chart analyzer = Chart Analyzer
  • Minimum value in fix pips = Off
  • Minimum value in rate of change = 0.00250000
  • Maximum value in fix pips = Off
  • Maximum value in rate of change = Off

Initial Take Profit

  • Selection = Support/resistance from chart analyzer
  • Used chart analyzer = Chart Analyzer
  • Minimum value in fix pips = Off
  • Minimum value in rate of change = 0.00300000
  • Maximum value in fix pips = Off
  • Maximum value in rate of change = Off

Miscellaneous

  • Draw chart analyzer panel = On

Screenshots​

Example O2: Drawing of chart analyzer panel.webp