Power Levels is a fully automated EA, with option for semi-automated trading. It supports two modes : automatic and fully-automatic.Both modes need horizontal lines on chart to trade with. The model is basic, the horizontal lines are picked up as price levels, and as soon as the price breaches any level( in any direction ). 

                                                                  The process

• A horizontal line is drawn on chart
• The line is translated as price level
• once the price starts interacting with the level - up or down crosses , trades are being opened
• When used in tester and test mode is enabled, and the mode is fully - automated , a special

Features

• 4/5 Digit Broker Adapted
• Money Management
• Active Break even 
• Balanced trading algorithm
• Trace increment system
• Two full-auto modes - fixed grid and daily pivot points
• Trade Pad to manage the EA
• Test mode, to make tests faster. Whenever you use strategy tester, you can enable is if the mode is fully automatic, so save time from test- they will run much faster

Example A. - There two lines drawn above the current price level. The price breaches both, but when breaching the upper line, when order is opened, the stop loss of the lower buy is taken to the level of the upper stop loss/ break even. This operation of modifying stops is made each time an order is opened in the same direction or a Break Even is executed. Therefor a beautiful cascade reaction is built up. 

•  Tolerance for opening trades 
• Can trade with metals/ indices/ oil etc.

Parameters

• TakeProfit in pips    - The distance from the order open price measured in pips

We recommend you use TakeProfit in such values , that allow you to use and benefit from multiple level cross.

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