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One of the most Accurate Forex Levels Indicator for MT4

  • #261
  • Jan 22, 2019 5:05pm Jan 22, 2019 5:05pm
Nowt Wrong with Trying!!
;-)
  • #262
  • Edited 1:56am Jan 25, 2019 1:43am | Edited 1:56am
Appears the Cartels are still hunting down the Retail Traders.
I joined the Cartels in the hunt at the levels!

The TDO (True Directional Oscillator) Indicator you see in the Pic is something I've been playing around with for the last week.
It basically helps in determining the direction I need to be going. It's Like
a GPS add on. This Indicator does not belong to me. I decided to add it to my arsenal in order
to help address the common question I get from traders who purchase the levels about where to get in on trades.

This Indicator should make it a lot easier to to pick your trade locations.
The creater of this Indicator has sold over 1000 and ONLY had TWO Negative reviews!
The comments of the majority and the price is what made me decide that this could be a serious contender to impliment
alongside the Power Leevels.
Go check it out!
https://www.mql5.com/en/market/product/12914
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Shorts still being Hammered!.jpg Size: 525 KB
  • #263
  • Jan 25, 2019 2:20am Jan 25, 2019 2:20am
Taking advantage of the Bounce Off the Weekly Level.
POWER TO THE LEVELS!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Weekly Level Reversal.jpg Size: 546 KB
  • #264
  • Jan 25, 2019 3:30am Jan 25, 2019 3:30am
If you do Purchase the TDO, I don't use any of the addtional settings within it other than the dots.
Thats why the additional settings are not shown in my pics
  • #265
  • Jan 25, 2019 12:11pm Jan 25, 2019 12:11pm
Quoting hardpippin
If you do Purchase the TDO, I don't use any of the addtional settings within it other than the dots. Thats why the additional settings are not shown in my pics
Funny enough I was looking at TDO not too long ago. So how have you gone about implementing it with the Power Levels? I assume when all 5 TDO panel cycles are bullish or bearish you trade the levels accordingly? Also, I've noticed you've mentioned how retail traders are on the wrong side of the market, is that typically when the price has recently pushed through a long term zone yet traders are bearish?

When testing the zones back in early December I would use wedges as a form of entry, though that brought early success I've since learned it provides fake breakouts galore, so since have been testing various entry techniques. For some reason, I've had the belief entries should only be taken when the price is within a zone, yet I've seen in your postings you've been having great success entering between two different levels. I'll have to continue my testing until I reach an entry technique I am comfortable with unless you have any suggestions on fully utilizing the levels?
  • #266
  • Jan 25, 2019 1:00pm Jan 25, 2019 1:00pm
Afternoon...
As you can see in my pics, I'm bassically trading the direction watching the three timeframes and looking for confluence.
I've been watching the TDO's on each timeframe for direction (making sure that they all agree-same colour dots)

But Before I do this, I'm off to Myfxbook to see what is the strongest pair where most of the retail is OFFSIDE!

I will then look at the charts again for the trend AGAINST the herd!

Time of day for trades is Important. I mentioned it before on an earlier posting.


You are right about price being with a zone. It does not neccessarilly have to be bang on a line!
I'm trying to follow the trend, and take trades in the same direction when I get a pullback to a zone.

Peace, Love and Fried Chicken..
  • #267
  • Jan 25, 2019 1:08pm Jan 25, 2019 1:08pm
Quoting hardpippin
Afternoon... As you can see in my pics, I'm bassically trading the direction watching the three timeframes and looking for confluence. I've been watching the TDO's on each timeframe for direction (making sure that they all agree-same colour dots) But Before I do this, I'm off to Myfxbook to see what is the strongest pair where most of the retail is OFFSIDE! I will then look at the charts again for the trend AGAINST the herd! Time of day for trades is Important. I mentioned it before on an earlier posting. You are right about price being with a zone....
You're looking for pairs which are extremely one sided then looking at the chart direction on the 3 timeframes and trading on a pullback, I see that makes sense now thank you for clearing that up for me
  • #268
  • Jan 27, 2019 6:55pm Jan 27, 2019 6:55pm
Good man..Put in the effort and YOU will eventually be rewarded!
  • #269
  • Jan 27, 2019 6:56pm Jan 27, 2019 6:56pm
Unbiased opinon of the Levels..

Inserted Video
  • #270
  • Jan 28, 2019 4:25am Jan 28, 2019 4:25am
Here Are This Week's Short Term PowerZone Levels Template for the GBPUSD.
Attached File(s)
File Type: tpl RedKnight Power Zones-GBPUSD-WS-28-01-19.tpl   7 KB | 214 downloads
  • #271
  • Jan 28, 2019 5:56am Jan 28, 2019 5:56am
And Here is a Template for THE Australian Traders!
Attached File(s)
File Type: tpl Redknight 15Min-1HR Power Levels-AUDUSD-WS 28-1-19.tpl   7 KB | 219 downloads
  • #272
  • Jan 28, 2019 4:46pm Jan 28, 2019 4:46pm
Can't seem to get the hang of entering based on the levels hmm..
  • #273
  • Jan 28, 2019 5:00pm Jan 28, 2019 5:00pm
Post me a chart and explain what you are doing.
Clue: I don't trade Mondays...
  • #274
  • Jan 28, 2019 6:28pm Jan 28, 2019 6:28pm
Quoting hardpippin
Post me a chart and explain what you are doing. Clue: I don't trade Mondays...
Trading with the general higher time frame, using the short term levels to get in on pullbacks/breakouts. But seems I price whipsaws around these levels and I'll get stopped out more times than not.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB
  • #275
  • Jan 29, 2019 6:57am Jan 29, 2019 6:57am
Quoting hardpippin
Appears the Cartels are still hunting down the Retail Traders. I joined the Cartels in the hunt at the levels! The TDO {image}
Hello, just a quick note, your system looks solid, three TF and looking for confluences, pretty robust strategy.

As I sidenote, having read your "I joined the Cartels in the hunt at the levels! The TDO" I suddenly realized that if I create something in the future, an indi helping to uncover covered Cartel levels I will certainly name it "dildo".

Good luck to you!!!
  • #276
  • Jan 29, 2019 9:55am Jan 29, 2019 9:55am
When ya add to your winning position and it tanks back to starting price
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 39 KB
  • #277
  • Jan 29, 2019 10:00am Jan 29, 2019 10:00am
Quoting YoungET
When ya add to your winning position and it tanks back to starting price {image}
lol seconds later stopped out. Bullish momentum and direction on the Weekly,Daily,4hr, & 1hr. Entered on a divergence convergence, was up 30 pips, added to the position on a pullback following negative dollar fundamentals. & it tanks back passed entry plus some more for stop out, guess that's an interesting one
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 18 KB
  • #278
  • Jan 29, 2019 11:01am Jan 29, 2019 11:01am
Straightaway I can see why that trade failed!!
Take a look at this pic.
It's a Mind Game Soldier!!
Attached Image (click to enlarge)
Click to Enlarge Name: Where have tricks been played BEFORE.jpg Size: 313 KB
  • #279
  • Jan 29, 2019 11:03am Jan 29, 2019 11:03am

DONT GIVE UP!!

  • #280
  • Jan 29, 2019 11:03am Jan 29, 2019 11:03am
Quoting hardpippin
Straightaway I can see why that trade failed!! Take a look at this pic. It's a Mind Game Soldier!! {image}
Was trading the EU and GU
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