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Magnetic Levels is an MT5 indicator that draws horizontal price levels at a spacing you choose, so you can mark round-number areas where price often pauses or reacts. You set how many levels to show, the distance between them and their colour.
Get one message the moment it launches, with its price.
Magnetic Levels is a MetaTrader 5 indicator that draws a ladder of horizontal lines at regular price intervals. It is aimed at traders who work with support and resistance, supply and demand zones, or round-number areas, and who want those areas marked on the chart automatically instead of drawing them by hand.
Many traders notice that price tends to slow down, reverse or consolidate near round figures, because orders and attention cluster there. The indicator turns that idea into a visual grid. It plots a set number of levels above and below the current price, spaced by a distance you define, and you read the chart as you normally would.
It does not generate buy or sell alerts on its own. Think of it as a map layer. You can use it to decide where to look for a setup, where to place a stop beyond a level, or where to take partial profit when price reaches the next line.
The indicator can be attached to any symbol and any timeframe offered by your MT5 broker. Because price scales differ, a spacing that suits a major forex pair will look wrong on gold, an index or a cryptocurrency. Plan to adjust the distance between levels for each instrument, and check how the grid looks on both lower and higher timeframes before relying on it.
The inputs are simple and cover the way the grid is drawn. Open the Inputs tab after attaching the indicator to see the exact names, units and defaults in your copy.
| Setting | What it controls |
|---|---|
| Number of levels | How many lines are drawn around price |
| Distance between levels | The spacing of the grid, which you should match to the symbol |
| Level colour | The colour of the lines, so they stay readable on your chart theme |
Trading leveraged products carries a high level of risk. Price levels are not guarantees, and price can pass through any line without pausing. Past results do not predict future ones. Use appropriate position sizing and stop losses, and only trade with money you can afford to lose.
If the indicator does not appear, confirm that you are using the MT5 terminal and that the file was placed in the correct folder.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Support and resistance, round-number levels |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator |
| Markets | Any symbol available at your broker; check level spacing per symbol |
| Timeframes | Any chart timeframe |
| Trade style | Discretionary; levels for entries, exits and zone mapping |
| Adjustable inputs | Number of levels, distance between levels, level colour |
| Requirements | MT5 desktop terminal; no automated trading permission needed |
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No. This listing is the MT5 build and it will not load in MetaTrader 4. If you trade on MT4, look for a product that is listed for that platform.
No. It is a chart indicator that only draws levels. It does not open, manage or close trades, so all decisions stay with you.
It can be attached to any symbol and timeframe in MT5. Price scales differ between forex pairs, metals, indices and crypto, so you will need to adjust the distance between levels for each symbol. Test on a demo chart first.
Extract the downloaded archive, copy the indicator file into the MQL5\Indicators folder via File, Open Data Folder in MT5, then restart the terminal or refresh the Navigator. Drag the indicator onto a chart and set your inputs.
Yes. You can set the number of levels, the distance between them and their colour. Check the Inputs tab after attaching it to see the exact options and units in your copy.
No. Levels are reference points, not signals. Price may respect them, move through them or ignore them. Trading carries risk and past results do not predict future ones.
Magnetic Levels
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