This video explains how to easily share a group of key price levels with fellow traders using the FlexLevels indicator. This video is targeted to educators or traders that maintain key price levels (via Reference Lines) and want a quick, easy, and automatic way to share them with a group.
The FlexLevels Indicator makes it very easy for on educator or trader to share a series of any number of price levels with a group of traders. The educator or trader creates a chart and adds any number of reference lines to that chart. A simple function call then exports all their lines to a csv file. The csv file retains all the information about each line/level including: price, label, color, width, position details, and band details (if applicable). That file can then be placed on a server, and any number of traders may point their FlexLevels indicator at that server location and see exactly the same lines on their chart with a single indicator. And when the lines are changed at the source, those changes are quickly reflected in the FlexLevels indicator as FlexLevels frequently checks the server for a newer version. Each file can contain levels for a single symbol or multiple symbols. A single FlexLevels indicator can then be easily dragged and dropped into other charts. If a trader is not comfortable with the colors, positions, or labels, they may override those with options in the FlexLevels preferences. FlexLevels may also pull from a local file in addition to a remote path.
