"From that level" essentially means "from current live price," but it's typically used in conjunction with other indicators. This term allows you to set conditions based on the price level where a specific indicator is triggered, providing more flexibility and precision in your trading strategies.

In some cases, "from that level" can also be displayed with a price indicator. However, the underlying logic between "from that level" and "from current live price" remains the same: the action is based on the price at which the indicator condition is met.

For a deeper understanding of how "From Current Live Price" works and how it relates to "From That Level," please read more here.