Once placed on the chart, these levels will highlight where the majority of the day's real price action is taking place. Redknight FX Power Levels for Metatrader 4 To the table that equals the playing field between me and the Money Cartels! It Is time to cut through all the clutter and Nonsense Indicators, and bring something I started taking advantage of this newfound knowledge and I am pleased to say that almost 20,000 hours later I'm able to bring you something that should equal the playing field! The market from a retail trader perspective, NOT a BROKER and Money You start to realise how this corrupt thing calledĪfter many thousands of hours, it started to dawn on me that I was looking at You only have to read a few other threads onįorex Factory to see that there is a patternĪnd your first 1,2,3,4,5 plus years etc before "Look, Let's cut the sob story and get to the point! It gradually became apparent that something was Inherently Wrong! It was only after having continuous losses, no matter how hard I tried, To be truthful, I was a victim of this style of trading for quite some time! I cannot understand why so many traders have so many Indicators on their charts that they can hardly see the most important thing. It is my conclusion that 98% of the Indicators you come across on the Internet are absolute garbage! I have been trading the forex for the last 14 years and tested MANY systems at this time. Welcome to my MT4 Power Levels Trading System. Trade ANYTHING that MT4 (and 5, separate Indicator) has to offer!! Open demo account to test this system.Probably One Of The Most Accurate Forex, Crypto, Indices Levels Indicator for Metatrader. Stop loss should be placed just above the immediate upper level and take profit should be placed just above the immediate lower level. ![]() Enter short trade as soon as the price touches the immediate lower level of levelator.įorex Strategy Master Levelator Stop loss and Take profit.Sell Condition Using Forex Strategy Master Levelator System. Stop loss should be placed just below the immediate lower level of the levelator and take profit should be placed just below the immediate upper level of the levelator like shown in the above chart. Enter the long trade as soon as the price touches the immediate upper level of the levelator.įorex Strategy Master Levelator stop loss and Take profit.The 2colorMA should be yellow in color.An Orange Levelator will have disappearing zones as the price falls downwards from the very top to touch the next lower level.īuy Condition Using Forex Strategy Master Levelator System. A Blue Levelator will have disappearing zones as the price rises upwards from the very bottom to touch the next upper levels. You will see a lot of zones that have disappeared to leave the chart color to show through. Once price has moved through a zone to touch the next level, the color of that zone will disappear. It’s important to understand that in a buy trade or a sell trade, it doesn’t matter if the Levelator is orange or blue. These numbers will continually change as the price of the market changes. This is the number of pips the current market price is away from these levels. At each line that separates the sections, you will see a yellow number. If the market has been moving downwards, the zones will be colored Blue. If the market has been moving upwards, the zones will be colored Orange. The Levelatorindicator will generate the levels on the main chart in which we can:īy default, the Levelator will look to identify the lowest low and the highest high over the last 100 candles and then connect them.Once a high and a low have been identified, the Levelator will draw 6 equally spaced levels or zones between the high and the low. ![]() When the 2ColorMA is yellow, we will be looking to buy. When the 2ColorMA is red, we will be looking to sell. This indicator acts as a main trading signal for our trading system. ![]() This is the directional indicator that will help us in determining the direction of the market. This is the red and yellow line moving average that moves below and above the price depending upon the market situations. This system basically consists of two custom made indicators. However, the trending market is always preferable. This trading strategy can be applied in any time frame and in any currency pairs. ![]() The trading direction can be whether in the direction of the trend or the counter trend. This is an awesome indicator which generates trade signal based on two indicators.
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