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DML SingleLevel PRO

DML SingleLevel PRO is an advanced indicator that visualizes a single DML level on the chart, offering one button for managing this level. This tool is designed for traders who want to focus on a specific DML level without the need to manage multiple levels at once. Thanks to its simplicity and precision, DML SingleLevel PRO makes it easier to make quick investment decisions and enables efficient real-time management of a single level.

DML SingleLevel PRO - User Guide

=== Global Parameters ===

  • Symbol Selection Mode (Automatic/Manual): In "Automatic" mode, the indicator automatically detects the financial instrument. If automatic detection does not work correctly, you can manually enter the symbol name in "Manual" mode.

  • Manual Name For Symbol: Field for manually entering the name of the financial instrument.

  • Time Default: The default time is GMT 0. This may need to be adjusted depending on the time zone of your broker's servers.

  • MagicNo: Field for entering a unique Magic Number for the indicator. Each indicator on a single financial instrument must have its own unique Magic Number.

DML SingleLevel PRO Global Parameters

=== Proximity alerts ===

  • Proximity alerts: Enables/disables options related to alerts.

  • Proximity activation distance (Points): Specifies the sensitivity of the alert. This parameter indicates the number of points between the selected DML level and the price that will trigger the alert.

  • Popup Alerts: Enables/disables the pop-up notification alert.

  • Mobile Alerts: Enables/disables the alert in the form of a notification on mobile devices.

DML SingleLevel PRO Proximity Alerts

=== Always Display Levels ===

  • Always Display Extended Levels: Shows/hides historically extended DML levels.

  • Always Display Alert Levels: Shows/hides historically marked alerts on DML levels.


Note: "Always Display Extended Levels" and "Always Display Alert Levels" work in such a way that if you have purchased a package with 50 days of history but visualize (set in the "Look Back Days Of History" option) only 10 days of history, levels older than 10 days will only be visible if they have been extended or have an alert set.

DML SingleLevel PRO Always Display Alerts

=== New Level Distance ===

  • Use New Level Distance Alerts: Enables/Disables alerts that monitor the distance of new DML levels appearing. This function is crucial for models played in relation to FlowZone (FZ) zones.

  • Popup Alerts: Enables/disables the pop-up notification alert.

  • Mobile Alerts: Enables/disables the alert in the form of a notification on mobile devices.

DML SingleLevel PRO New Level Distance Alerts

=== Button Parameters ===

  • Show Buttons: Shows or hides buttons associated with specific DML levels (colors).

  • Buttons Position: Specifies the corner of the chart where the buttons will be placed.

  • Button Color: The color of the button.

  • Button Text Color: The color of the text on the button.

  • Button X Size: The size of the button horizontally (relative to the X-axis).

  • Button Y Size: The size of the button vertically (relative to the Y-axis).

  • Buttons start X Position: Specifies the starting position - relative to the X-axis - for the list of DML level buttons.

  • Buttons start Y Position: Specifies the starting position - relative to the Y-axis - for the list of DML level buttons.

  • Button Font Size: Specifies the font size on the button.


Note: Hidden function allows you to extend the selected DML level (by holding the SHIFT key on the keyboard + left-clicking on the selected DML level) and set an alert on the selected DML level (by holding the CTRL key + left-clicking on the selected DML level). To activate the alert, the corresponding function must be enabled in the "Proximity alerts" group.

DML SingleLevel PRO Button Parameters

=== Levels Parameters ===

  • DML Level Name: The name of the DML level being configured. You can assign your own name to this level. For example: SkyBlue, Khaki, Snow, etc., according to the contents of the purchased package. In the DML EA, you can include up to 21 different DML levels, allowing you to combine levels purchased in various packages.

  • Button Color: Setting the button color assigned to this level. The optimal solution is to assign the button color to match the DML level color. In the case of an alphanumeric DML level name, such as DeepSkyBlue2, only the color's proper name should be entered in the color field, without the number. Colors to choose from, in this example, "Gray" is selected.

  • Look Back Days Of History: The number of days of history that the EA analyzes in retrospect to generate DML levels. The value "10" means that the EA analyzes data from the last 10 days.

  • Start Display Time: The time at which the DML levels for this level (Level 10) start to be displayed. The value "00:00" indicates that DML levels will be displayed starting from midnight.

  • Stop Display Time: The time at which the DML levels for this level (Level 10) stop being displayed. The value "24:00" indicates that DML levels will be displayed throughout the entire day.

  • Min New Level Dist: The minimum distance between consecutive levels, upon reaching which an alert is activated. The behavior of this alert is configured in the "New Level Distance Alerts" block.

  • Number Of Minutes In Breakout Zone: This parameter defines the duration of the "Breakout Zone" cloud in minutes. After this time has passed, if the price breaks out of this zone, it is treated as an opportunity to look for a position in the direction opposite to the breakout. This mechanism helps track liquidity flow shifts, enhancing the effectiveness of DML levels, independent of direct price movements.

DML SingleLevel PRO Level Parameters

Created by:

Deep Market Level Limited, 590 Kingston Road, London, SW20 8DN, United Kingdom

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