The Absolute Levels indicator is a tool used in technical analysis for trading, with the purpose of identifying key support and resistance levels in an asset's price chart. The indicator is often configured to draw horizontal lines at these crucial levels.

Using Settings

Clicking on the indicator settings icon will open its configuration window, within which you will be able to make several choices regarding the functionality of the indicator itself.

Parameters 

• First Value: Set the first absolute level value on your chart

• Second Value: Set the second absolute level value on your chart

First Line

• First Line Color: Defines the color of the first line

• First Line Style: Defines the style of the first line plotted by the indicator

• First Line Thickness: Defines the thickness of the first line plotted by the indicator

Second Line

• Second Line Color: Defines the color of the second line

• Second Line Style: Defines the style of the second line plotted by the indicator

• Second Line Thickness: Defines the thickness of the second line plotted by the indicator