Indicators

Big Round Numbers

Developer: STEVEN DICKINSON

The “big round numbers” (e.g. EUR/USD 1.2800, USD/JPY 99.00) are natural levels of support and resistance. These are psychological levels (easy for humans to think about) as well as “lazy” levels when setting entries or profit targets. Additionally, the importance of the big round numbers has also increased because they are used for options barriers levels.

As a result, a lot of orders are placed around these levels.

The “Big Round Numbers” indicator is a very simple but effective indicator that highlights these levels on your charts. The indicator can be set to show levels of 50, 100, 250, 500 and 1000 pip increments. Of course, colours and line widths are customizable. 

INPUTS

The following are inputs available in the application:

  • Show 50 pips: Enables the indicator to show 50 pip levels.
  • Show 100 pips: Enables the indicator to show 100 pip levels.
  • Show 250 pips: Enables the indicator to show 250 pip levels.
  • Show 500 pips: Enables the indicator to show 500 pip levels.
  • Show 1000 pips: Enables the indicator to show 1000 pip levels.
  • Show labels: Enables the indicator to show price labels.
  • Show tool tips: Enables the indicator to show “tool-tips” when you mouse-over the level.
  • 50/100/250/etc. pips colour: The colour used for the level.
  • 50/100/250/etc. pips width: The width of the semi-transparent highlight zone.
  • 50/100/250/etc. pips line style: The style of the line used to mark the level.
  • Transparency percentage: The transparency of the semi-transparent zone.
  • Label colour: The colour used for the labels.
  • Font: The font name used for labels.
  • Font size: The font size used labels.
Risk Disclaimer

The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.

Requirements

This indicator is only compatible with FXCM’s Trading Station Desktop. Additionally, an FXCM account is required (including free FXCM demo accounts).

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Forex Capital Markets, LLC. (“FXCM LLC”) is an independent legal entity and is not affiliated with robocod.blogspot.co.uk. robocod.blogspot.co.uk is not owned, controlled, or operated by FXCM LLC. Steven Dickinson is not an employee, agent or affiliate of FXCM.