[REQ] Redknight FX Power Levels for Metatrader 4

***grert*** · 03-09-2019, 02:18 AM

(03-08-2019 12:47 PM)lostinheaven Wrote: Hey,

Just to say that I'm going to buy this one.
I've been testing and it works...of course with some market anallisys...
The seller is making a discount for forexfactory members instead £350 is £300.
Only 3 mt4 accounts can be coded into the indicators.
So I'm one so only 2 people more and will be £100 each.

I will wait till monday if someone is insterested, if not I'll buy it myself.

Happy trading

lostinheaven

Unfortunately have to rule myself out as I had bit of a spending spree this past week. But these levels are very good. I use my own "rubbishy" rudimentary levels as part of my script trading strategy. Just slap several deep limit or buy orders where they are or use a grid trading EA in between using a low ADR pair (learned this from a video of Alex Du Plooy, the EA guy). And so many possibilities depending on the way you like to trade and risk aversion. Use Good money management and analysis and you will make money. So I would take a spot if you were sitting on the fence. Thanks again for the offer lostinheaven.

***lostinheaven*** · (This post was last modified: 03-09-2019 08:11 AM by lostinheaven.)

(03-09-2019 02:18 AM)grert Wrote:
(03-08-2019 12:47 PM)lostinheaven Wrote: Hey,

Just to say that I'm going to buy this one.
I've been testing and it works...of course with some market anallisys...
The seller is making a discount for forexfactory members instead £350 is £300.
Only 3 mt4 accounts can be coded into the indicators.
So I'm one so only 2 people more and will be £100 each.

I will wait till monday if someone is insterested, if not I'll buy it myself.

Happy trading

lostinheaven

Unfortunately have to rule myself out as I had bit of a spending spree this past week. But these levels are very good. I use my own "rubbishy" rudimentary levels as part of my script trading strategy. Just slap several deep limit or buy orders where they are or use a grid trading EA in between using a low ADR pair (learned this from a video of Alex Du Plooy, the EA guy). And so many possibilities depending on the way you like to trade and risk aversion. Use Good money management and analysis and you will make money. So I would take a spot if you were sitting on the fence. Thanks again for the offer lostinheaven.

That's awesome and if it is working for you...that's it...

as you know indicators and EA s are tools not holy grails...In my case I was missing this one ...and always depends of money management and psychology....

I already seen his course in Udemy it was shared here and his EA...it seems profitable...Do you have it?

PS: Latest video

***sunnyillion*** · 03-27-2019, 01:34 PM

Don't forget guys to try the FREE template provided here,

Code:

https://www.forexfactory.com/showthread.php?p=12151778#post12151778

I used this template to confirm my trade with AUD/USD pair last night, and it's working perfectly.
My trade break-even now waiting to hit TP.

***lostinheaven*** · (This post was last modified: 03-29-2019 03:51 AM by lostinheaven.)

(03-27-2019 01:34 PM)sunnyTRIO Wrote: Don't forget guys to try the FREE template provided here,

Code:

https://www.forexfactory.com/showthread.php?p=12151778#post12151778

I used this template to confirm my trade with AUD/USD pair last night, and it's working perfectly.
My trade break-even now waiting to hit TP.

Great you testing it and in confluence with your strategy it's magic...I already bought it and gives perfect entries and tp areas.... Happydance

Ps: I'm expecting to buy gold at 1300 after the news about USA GDP a power level zone
Ps1. Didnt bought cause 4hr candle to strong bought at 1294
Ps2. Closed my position with a small profit/almost break even gold is very bearish

***sunnyillion*** · 03-29-2019, 10:52 AM

(03-28-2019 10:11 PM)lostinheaven Wrote:
(03-27-2019 01:34 PM)sunnyTRIO Wrote: Don't forget guys to try the FREE template provided here,

Code:

https://www.forexfactory.com/showthread.php?p=12151778#post12151778

I used this template to confirm my trade with AUD/USD pair last night, and it's working perfectly.
My trade break-even now waiting to hit TP.

Great you testing it and in confluence with your strategy it's magic...I already bought it and gives perfect entries and tp areas....

Ps: I'm expecting to buy gold at 1300 after the news about USA GDP a power level zone
Ps1. Didnt bought cause 4hr candle to strong bought at 1294
Ps2. Closed my position with a small profit/almost break even gold is very bearish

That's true @lostinheaven.
For me the template is just for confirmation use only. One couldn't decide when to buy or sell using the power-level zone alone unless it comes with additional indicators. Never the less it's great additional tools for traders. I'm still testing the templates, hopefully to get new templates for next week.
As of now Gold @1290.84, most probably it will reach to 1297.06 or 1300.
Dips on 1300.

***abovebelow33*** · 03-30-2019, 09:53 AM

I worked out how to prouduce these levels, will test next week

***sunnyillion*** · 03-30-2019, 11:22 AM

(03-30-2019 09:53 AM)abovebelow33 Wrote: I worked out how to prouduce these levels, will test next week

LOL ... seriously???
Because I was doing the same thing.
I figured it's mostly fibonacci levels. 61.8, 161.8, 261.8 and etc. i still have to work on this but for now that's what I found.

***abovebelow33*** · 03-30-2019, 11:04 PM

(03-30-2019 11:22 AM)sunnyTRIO Wrote:
(03-30-2019 09:53 AM)abovebelow33 Wrote: I worked out how to prouduce these levels, will test next week

LOL ... seriously???
Because I was doing the same thing.
I figured it's mostly fibonacci levels. 61.8, 161.8, 261.8 and etc. i still have to work on this but for now that's what I found.

You're on the right track. PM me if you want to discuss

***lostinheaven*** · (This post was last modified: 03-31-2019 09:13 AM by lostinheaven.)

(03-30-2019 11:22 AM)sunnyTRIO Wrote:
(03-30-2019 09:53 AM)abovebelow33 Wrote: I worked out how to prouduce these levels, will test next week

LOL ... seriously???
Because I was doing the same thing.
I figured it's mostly fibonacci levels. 61.8, 161.8, 261.8 and etc. i still have to work on this but for now that's what I found.

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...

I really find them very usefull and the price I paid for them is what it is...I 'm already starting to get my money back...I think gold is making double bottom to go up..at least 3 levels up

***sunnyillion*** · 03-31-2019, 09:33 AM

(03-31-2019 09:09 AM)lostinheaven Wrote:
(03-30-2019 11:22 AM)sunnyTRIO Wrote:
(03-30-2019 09:53 AM)abovebelow33 Wrote: I worked out how to prouduce these levels, will test next week

LOL ... seriously???
Because I was doing the same thing.
I figured it's mostly fibonacci levels. 61.8, 161.8, 261.8 and etc. i still have to work on this but for now that's what I found.
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...

I really find them very usefull and the price I paid for them is what it is...I 'm already starting to get my money back...I think gold is making double bottom to go up..at least 3 levels up

I'm glad you're making profit @lostinheaven.
It's not every-time you hear someone making money buying a system from someone's else.
It's funny what fibonacci can do to a market. I just figured another formula last-night and I'm thinking to create excel file, that way the levels is generated automatically. And its just a matter of copy/paste the levels to the chart.