da n0o0b + $hit_Disturber 
This thread is one of the thread in FF that talk about levels. I love to trade using levels, which sometime it's S/R, S/D, etc. I'm quite familiar with multiple "levels" strategy and do a lot of heavy backtesting with 18 years historical data by using multiple levels theory. Based on my backtest result, can say that weekly pivot is one of the best "levels" strategy for trading, and I trade with this "levels" since last year.
I download the weekly template from the author and trying to understand what kind of level is used from this indicator.
After checking and deep dive into these levels, I found that this is the similar level with weekly pivot from Davit's thread, click here for the link. It can be coincident, i don't know.
I can't imagine the author sell this "levels" with 350 GBP !!!, that's expensive! if you guys spent more time to analyze and identify this kind of levels, you will know that it's similar level with Davit Pivot. The difference between Power Level Indi and Davit Pivot is:
1. Power Level's Author change from 1 single line into 2 solid line as a "range" level with distance 5-10 pips for each level.
2. Power Level's Author add level 23 as additional level. FYI, Davit ignores level 38 as a valid entry, not even counted level 23 as good entry.
I don't mean to destroy the purpose of this thread, I'm just sharing my opinion which some people will not accept this. But just want to help my FF friends here to explore more and learn more.
So, I managed to add level 23 to Davit Pivot Level and compare the result with Power Level. it's similar.
I attached some picture as a proof of my theory:
EURUSD H4 Power Level Indi
EURUSD H4 Davit Pivot
GBPUSD H4 Power Level Indi
GBPUSD H4 Davit Pivot
USDJPY H4 Power Level Indi
USDJPY H4 Davit Pivot
I download the weekly template from the author and trying to understand what kind of level is used from this indicator.
After checking and deep dive into these levels, I found that this is the similar level with weekly pivot from Davit's thread, click here for the link. It can be coincident, i don't know.
I can't imagine the author sell this "levels" with 350 GBP !!!, that's expensive!
if you guys spent more time to analyze and identify this kind of levels, you will know that it's similar level with Davit Pivot. The difference between Power Level Indi and Davit Pivot is:1. Power Level's Author change from 1 single line into 2 solid line as a "range" level with distance 5-10 pips for each level.
2. Power Level's Author add level 23 as additional level. FYI, Davit ignores level 38 as a valid entry, not even counted level 23 as good entry.
I don't mean to destroy the purpose of this thread, I'm just sharing my opinion which some people will not accept this. But just want to help my FF friends here to explore more and learn more.
So, I managed to add level 23 to Davit Pivot Level and compare the result with Power Level. it's similar.
I attached some picture as a proof of my theory:
EURUSD H4 Power Level Indi
EURUSD H4 Davit Pivot
GBPUSD H4 Power Level Indi
GBPUSD H4 Davit Pivot
USDJPY H4 Power Level Indi
USDJPY H4 Davit Pivot
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 5,024 Posts
Hmmm, I see the Negatives have started. I wonder when that was going to start! I'm NOT even going to fire back. I don't have time for this. Davit is a great coder, but Every one is entitled to trade and use what they like. This is the reason I spend much time allowing traders to try the templates first, then make THEIR own decision. Peace, Love and Fried Chicken!!
Simplicity is the ultimate sophistication - Leonardo da Vinci
- | Membership Revoked | Joined Dec 2016 | 1,824 Posts
{quote} Incorrect. He doesn't read any single line of code. He's a trader and artist. That Fib pivot was made by someone else and had been circulated long before he adopted it. I don't understand why people put his name on that pivot......
____ i know both these Mfukkers Very well , all they do ist DEMOIN + photoShoppin
da n0o0b + $hit_Disturber
- | Commercial Member | Joined Jun 2008 | 833 Posts
{quote} Incorrect. He doesn't read any single line of code. He's a trader and artist. That Fib pivot was made by someone else and had been circulated long before he adopted it. I don't understand why people put his name on that pivot......
Hey, Thanks for correcting me on that...
Learn something new EVERY day!!
{quote} Incorrect. He doesn't read any single line of code. He's a trader and artist. That Fib pivot was made by someone else and had been circulated long before he adopted it. I don't understand why people put his name on that pivot......
Including me..so kick your self away or start your own thread and teach people your knowledge...please
...This thread is one of the thread in FF that talk about levels. I love to trade using levels, which sometime it's S/R, S/D, etc. I'm quite familiar with multiple "levels" strategy and do a lot of h _____________ and whut abt shortTerm , usin M15,30[scalpin] = mebbe u should stick to ur CRAPPEEE pvt_EA huh _______ + dont call urself a coder = u R just a fukkin lousy demoER , waistin ppl valuable time only ! _______ " similar level with Davit Pivot." = these wkly pvt Xcisted long B4 he was jumpin around in his soiled stinkin
