Color Levels is a convenient tool for traders using a Trendline and a Rectangle in their technical analysis. It allows setting two empty rectangles, three filled ones, and two tredlines.
The indicator parameters are very simple and divided into numbered blocks:
- The ones beginning with 1 and 2 – empty rectangle (frame) parameters;
- 3, 4, and 5 – filled rectangle parameters;
- 6 and 7 – trendline parameters.
Simply click a desired object and it will appear in the upper left corner.
Main Adjustable Parameters
- Graph corner for attachment – panel corner
- Color toolbar – panel color
- Show background? – enable/disable the panel
- Border color – border color (for the objects 1 and 2)
- Border style – border style (for the objects 1 and 2)
- Border width – border width (for the objects 1 and 2)
- Rectangle color – rectangle fill color (for the objects 3, 4 and 5)
- Line color – trendline color (for the objects 6 and 7)
- Line style – trendline style (for the objects 6 and 7)
- Coordinate X – X coordinate
- Coordinate Y – Y coordinate
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