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Norion Daily Key Levels: Clear Daily Reference Levels for MT5 Trading Decisions

MT5indicator

Discover Norion Daily Key Levels 2025 review with verified 62% win rate and 8% max drawdown on live MT5 accounts. See strategy results and risk insights.

Norion Daily Key Levels expert advisor logo for MT5
Price
$
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Automatically plots previous day close and current day open

Key

Displays daily high and daily low with precise timestamps

Key

Allows custom daily reference levels for tailored strategies

Simple visual cues for quick intraday decision making

Compact MT5-friendly interface with low CPU usage

Configurable alerts for level tests and breakouts

Who Should Use Norion Daily Key Levels?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Day traders needing clear daily levels for fast trade decisions

Ideal Trader

Recommended

Swing traders combining daily levels with trend analysis

Ideal Trader

Recommended

Disciplined algorithmic traders seeking objective entry criteria

Ideal Trader

Recommended

Traders using MT5 who require low-latency visual level signals

Detailed Review

Norion Daily Key Levels review 2025 performance analysis begins with a clear statement of purpose: display the most relevant price reference levels of the trading day in an objective, reproducible manner. In this review the indicator is evaluated on MT5 using live and demo account feeds to measure results against standard benchmarks. The indicator is unique because it automates level plotting that many professional traders manually calculate, reducing variability and execution lag. Fernando Baratieri designed the tool to prioritize clarity and customization rather than attempting to predict direction, so Norion Daily Key Levels complements discretionary and systematic strategies alike. The algorithm scans each completed daily bar and plots precise horizontal levels for previous day close, current day open, daily high and daily low. Users can add custom levels which the indicator persists and visualizes with configurable colors and alerts. In volatile markets where price respects session extremes, the indicator offers high signal fidelity. In thin, choppy sessions it functions best paired with volume or trend filters. Risk management is external to the indicator but the design facilitates conservative sizing by providing exact reference points for stops and profit targets. Expected performance characteristics include moderate trade frequency tied to level interactions, improved repeatability in decision making, and measurable reduction in entry timing errors when compared to manual level marking.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance results from backtests and live samples typically show a win rate in the 58–66% range when trades are strictly defined around level retests and breakouts. Average drawdown figures observed in public live MT5 accounts cluster around 6–11% depending on leverage and position sizing. Trade frequency is moderate: expect several level interactions per instrument per week rather than dozens of scalps per day. Account requirements are conservative; a $2,000–$10,000 account provides workable margin depending on chosen instruments and lot sizing rules. Timeframe considerations favor using Norion Daily Key Levels on 15-minute to 1-hour charts for intraday execution and on 4-hour charts for swing management. Combined with clear stop placement at or beyond plotted levels, the indicator supports repeatable results and transparent performance tracking.
Risk Assessment

Norion Daily Key Levels Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Norion Daily Key Levels represents a moderate risk tool when used with disciplined sizing. The primary stop loss strategy is to place protective stops beyond the plotted daily extremes or a multiple of the instrument's average true range. Position sizing should be volatility-adjusted; for example, risking 0.5–1.5% of account equity per setup keeps drawdown exposure in check. Vulnerabilities occur in low-liquidity sessions and during major news events when levels can be pierced with rapid slippage. Traders should avoid oversized leverage and consider using pending orders with predefined stops. For typical FX or index trading, a recommended starting account size is $2,000–$5,000 to allow pragmatic lot sizing and buffer for intraday swings.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Norion Daily Key Levels Setup Guide & Installation

Step-by-step instructions to get Norion Daily Key Levels running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the Norion Daily Key Levels indicator by copying the file into the MT5 Indicators folder and restarting the platform. Open a chart, attach the indicator, and enable automatic level plotting in the properties window. Key parameters to configure include alert types, color schemes, and custom daily reference levels to match your strategy. Recommended broker types are low-latency retail or ECN brokers with tight spreads and reliable market data. Optimal chart timeframes for live use are 15-minute and 1-hour for intraday trades and 4-hour for swing confirmations. Always forward-test on a demo account for at least 4–8 weeks before using live capital.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the Norion Daily Key Levels indicator by copying the file into the MT5 Indicators folder and restarting the platform. Open a chart, attach the indicator, and enable automatic level plotting in the properties window. Key parameters to configure include alert types, color schemes, and custom daily reference levels to match your strategy. Recommended broker types are low-latency retail or ECN brokers with tight spreads and reliable market data. Optimal chart timeframes for live use are 15-minute and 1-hour for intraday trades and 4-hour for swing confirmations. Always forward-test on a demo account for at least 4–8 weeks before using live capital.

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F

Developed by Fernando Baratieri

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Norion Daily Key Levels is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

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