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04-01-2019, 01:12 AM
(This post was last modified: 04-01-2019 06:17 AM by lostinheaven.)
Post: #21
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RE: [REQ] Redknight FX Power Levels for Metatrader 4
(03-31-2019 09:33 AM)sunnyTRIO Wrote:(03-31-2019 09:09 AM)lostinheaven Wrote:(03-30-2019 11:22 AM)sunnyTRIO Wrote:Probably is related to fibonacci but to define wich highs and lows. The package has diferent kinds of levels long term, long term power zones, short term and scalping and recalculated at diferent times. Scalping recalculate every day, short term weekly etc...(03-30-2019 09:53 AM)abovebelow33 Wrote: I worked out how to prouduce these levels, will test next week But I don't use it as a system, more as a confirmation tool, let's say that the system I'm focused is btmm by steve mauro and the power levels is a confirmation entry and exit tool. I think besides the fibonacci it is related to the pivots points as well, probably a mix...If you can create a tool that works for you...that's the most important thing...cause as you develop this tool you understand more about the market structer. Ps : and Anil Mangal I'm following him long time this is latest webinar, this week I'm looking to Sell GBPAUD and GBPCAD |
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04-01-2019, 10:25 AM
Post: #22
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RE: [REQ] Redknight FX Power Levels for Metatrader 4
(04-01-2019 01:12 AM)lostinheaven Wrote:(03-31-2019 09:33 AM)sunnyTRIO Wrote:(03-31-2019 09:09 AM)lostinheaven Wrote:(03-30-2019 11:22 AM)sunnyTRIO Wrote:Probably is related to fibonacci but to define wich highs and lows. The package has diferent kinds of levels long term, long term power zones, short term and scalping and recalculated at diferent times. Scalping recalculate every day, short term weekly etc...(03-30-2019 09:53 AM)abovebelow33 Wrote: I worked out how to prouduce these levels, will test next week That's right @lostinheaven. This tool is good for 2nd corfirmation but the creator of this may have different understanding. He seems to trade solely with this indicators alone. GBPAUD, GBPCAD and GBPJPY are good pairs for sell entry this week. I'm waiting for correction before I will sell. |
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04-01-2019, 03:12 PM
Post: #23
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RE: [REQ] Redknight FX Power Levels for Metatrader 4 | |||
04-02-2019, 05:47 AM
Post: #24
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RE: [REQ] Redknight FX Power Levels for Metatrader 4
(04-01-2019 10:25 AM)sunnyTRIO Wrote:(04-01-2019 01:12 AM)lostinheaven Wrote:(03-31-2019 09:33 AM)sunnyTRIO Wrote:(03-31-2019 09:09 AM)lostinheaven Wrote:(03-30-2019 11:22 AM)sunnyTRIO Wrote: LOL ... seriously???Probably is related to fibonacci but to define wich highs and lows. The package has diferent kinds of levels long term, long term power zones, short term and scalping and recalculated at diferent times. Scalping recalculate every day, short term weekly etc... For GBPAUD correction almost done price at adr high in 15 tmf ...My friend when this drop will be BIG... Who know better how the indicator works is him...he plays with open time of sessions as well...If the open time of differenet sessions is close to each other, close to a power level (but he uses the power levels zones-long term not the one he posts in the forum) and if price is above he goes long or the other way around...it is something like this, and targets the next level closing before touches the levels...and it works |
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04-02-2019, 12:55 PM
Post: #25
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RE: [REQ] Redknight FX Power Levels for Metatrader 4
(04-02-2019 05:47 AM)lostinheaven Wrote:(04-01-2019 10:25 AM)sunnyTRIO Wrote:(04-01-2019 01:12 AM)lostinheaven Wrote:(03-31-2019 09:33 AM)sunnyTRIO Wrote:(03-31-2019 09:09 AM)lostinheaven Wrote: Probably is related to fibonacci but to define wich highs and lows. The package has diferent kinds of levels long term, long term power zones, short term and scalping and recalculated at diferent times. Scalping recalculate every day, short term weekly etc... Seems like a nice concept. Maybe it's worth getting it after all. For now I'll try to get as much info as possible before I can decide. |
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04-06-2019, 08:08 AM
(This post was last modified: 04-06-2019 08:28 AM by lostinheaven.)
Post: #26
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RE: [REQ] Redknight FX Power Levels for Metatrader 4
(04-02-2019 12:55 PM)sunnyTRIO Wrote:(04-02-2019 05:47 AM)lostinheaven Wrote:(04-01-2019 10:25 AM)sunnyTRIO Wrote:(04-01-2019 01:12 AM)lostinheaven Wrote:(03-31-2019 09:33 AM)sunnyTRIO Wrote: I'm glad you're making profit @lostinheaven. That's it just a concept...as long money management first...sometimes quick decision others wait for confirmation ps: I have a demo account with Icmarkets with levels working, you will have access in your own mt4 to the account and you can import the templates indicators depending of tmf you wish to your own mt4 and works for forex and some crypto as well...someone wants more details ...pm me |
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04-07-2019, 03:15 PM
Post: #27
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RE: [REQ] Redknight FX Power Levels for Metatrader 4
(04-06-2019 08:08 AM)lostinheaven Wrote:(04-02-2019 12:55 PM)sunnyTRIO Wrote:(04-02-2019 05:47 AM)lostinheaven Wrote:(04-01-2019 10:25 AM)sunnyTRIO Wrote:(04-01-2019 01:12 AM)lostinheaven Wrote: But I don't use it as a system, more as a confirmation tool, let's say that the system I'm focused is btmm by steve mauro and the power levels is a confirmation entry and exit tool. That's cool. PM'ed. Thanks for the share. |
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