Midas Key Levels draws the levels most traders mark by hand every morning, and follows each one until price takes it.

The levels

• Previous day, week and month high and low (PDH/PDL, PWH/PWL, PMH/PML), each labelled with the day, week or month it comes from.

• The day, week and month opens (DO, WO, MO), as dashed reference lines for their period.

• The Asia, London and New York sessions as boxes, with their high and low as levels when the session ends.

• Equal highs and equal lows: two confirmed swing points within your tolerance, with nothing traded through them in between.

Clocks that follow daylight saving

• The trading day starts at 17:00 New York by default, the usual forex day, and moves with US daylight saving. Midnight UTC or any UTC hour you choose are options.

• Session hours are in each market's own time (Tokyo, London, New York), so London 08:00 stays London 08:00 through the clock changes. UTC hours are an option.

Swept or broken

• When a closed candle trades through a level and closes back inside, the level is marked swept; when it closes beyond, broken. One arrow per candle and side names every level it took. Taken levels grey out, so only live levels stay coloured.

• Untaken levels are kept for a number of their own periods (3 by default: three days for daily and session levels, three weeks for weekly, three months for monthly).

• Several levels at one price share one label at the right edge.

The panel

• The nearest live levels above and below price, with their distance in pips, and the last alerts.

Alerts

• When a level is swept or broken (on the candle close), when price touches a level, or when it comes within your distance; equal highs/lows optional. A sound, and an email through cTrader's own email settings.

• Alerts on your own lines too (the Midas Line Alerts engine): any horizontal line or trendline whose name or comment contains "alert", a selected line at one click, or an alert line from the panel; touch or close-through; optional re-arm.

No repainting

• Levels and sweeps come from closed candles only. A period or session that history starts in the middle of produces nothing, because its range would be incomplete.

Notes

• It marks levels; it does not predict what price will do there, and it never trades. It needs no internet or file access.

• Previous-day levels on timeframes below daily, weekly below weekly, monthly below monthly; sessions below 4 hours.

• cTrader must be running with the chart open for alerts to fire. Email needs cTrader's email settings.