Features Overview of AlgoMaxx Indicator

1. Range Detection

   • Detects breakout and breakdown levels.

   • Highlights trading ranges using adjustable ATR-based thresholds.

   Settings:

   • Show Range Detector: Toggle to enable/disable range detection.

   • Customize colors for range breakout, breakdown, and unbroken states.

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1. Stop Loss (SL) and Take Profit (TP)

   • Dynamically displays SL/TP levels based on trend signals.

   • Supports multiple targets (e.g., TP1, TP2, TP3).

   • SL/TP levels are displayed in a table for easy visualization.

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1. Cloud EMA

   • Visualizes trends using three adjustable EMA periods (Fast, Medium, Slow).

   • Creates cloud-like visuals to indicate bullish or bearish momentum.

   Settings:

   • Adjustable EMA periods.

   • Customize colors for bullish and bearish zones.

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1. Demand and Supply Zones

   • Identifies critical demand and supply zones based on price swings.

   • Zones adjust dynamically according to market movement.

   Settings:

   • Adjust swing length and zone width.

   • Customize colors for demand and supply zones.

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1. RSI Alerts

   • Notifies when RSI enters overbought/oversold zones.

   • Marks corresponding highs and lows on the chart.

   Settings:

   • Adjust overbought/oversold levels (e.g., 75/25).

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1. Fibonacci Levels

   • Plots retracement levels based on recent high/low points.

   • Assists in identifying support and resistance.

   Settings:

   • Toggle visibility of levels and labels.

   • Customize retracement period.

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1. Trend Ribbon

   • Provides a ribbon-style trend overlay.

   • Helps visually identify momentum shifts.

   Settings:

   • Adjust ribbon size and smoothing.

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1. Forex Strength Meter

   • Compares the relative strength of various currencies.

   • Displays a heatmap for quick evaluation.

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1. Swing Highs and Lows

   • Identifies key swing high and low points on the chart.

   • Highlights critical trend-reversal points to help traders understand support and resistance zones.

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These features make AlgoMaxx Indicator an indispensable tool for traders, offering precise technical insights and customizable settings for all trading styles.