Round Number Quarters Theory by FX Replay
by FX Replay
FX Replay does not offer a built-in Quarters Theory indicator, and the platform currently doesn’t support custom indicator uploads. However, you can still manually apply the Quarters Theory using FX Replay’s drawing tools and grid-based price awareness to structure your trades.
Round Number Quarters Theory – FX Replay Guide
FX Replay does not offer a built-in Quarters Theory indicator, and the platform currently doesn’t support custom indicator uploads. However, you can still manually apply the Quarters Theory using FX Replay’s drawing tools and grid-based price awareness to structure your trades.
What is Quarters Theory?
Quarters Theory is a market structure concept where traders treat round numbers and their subdivisions (quarters) as key psychological levels — often acting as support, resistance, entry, exit, or reaction zones.
How to Use Quarters Theory in FX Replay
1. Manually Mark Round Numbers
- Identify the nearest major round number (e.g., 1.2000 on EUR/USD)
- Use FX Replay’s horizontal line tool to mark this level
2. Calculate and Plot Quarter Levels
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Add lines at 25%, 50%, and 75% distances from the round number
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Example:
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If 1.2000 is your anchor, draw lines at:
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1.1975
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1.1950
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1.1925
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Duplicate and space out these lines to cover additional zones above and below
3. Use as Trade Framework
- Entry Zones: Watch for bounces or breaks at quarter levels
- Stop Loss & TP: Use quarter spacing to define risk/reward zones
- Reversals or Breakouts: Price often respects these levels intraday
4. Special Case – JPY Pairs
- JPY pairs use different decimals
- Use 25, 50, or 100 pip spacing instead of fractional decimals
5. Best Timeframe
- Use Quarters Theory on the 1H timeframe for day trading or scalping strategies inside FX Replay
Pro Tip
In FX Replay, you can create a “template” by drawing quarter levels around a key round number, then copy and slide them up/down to efficiently structure your entire chart. This simulates the effect of a Quarters Theory indicator — without needing automation.