Definitely very useful levels. I haven't been able to use these profitably as I can only scalp during the asian session (thanks job) and the zones provided aren't the scalping zones. I can still tell though that these levels are the real deal. Still trying to learn where the market will go once the zones are reached.
Thanks for your opinion. The weekly templates I upload for people to try are derived from the short term Indicators. (15Min-1Hr)
The full indicator suite has Six Indicators in it, so there is one in the pack for every trading style and preference.
It was never designed as a Redlight/Greenlight system (too many lose money from those kinds of systems), but
Keep practicing...Your eyes will eventually spot easier what's going on around the levels as time goes by.
Testing the templates on the M15 but I will most likely purchase the full indicators in the near future. Two questions I have if you don't mind me asking. First, on the charts I see blue lines and red lines aside from the purple lines. What are these lines?
Second question. In the full indicator sets, you have listed that they come with buy and sell zones. I know not to trade these blindly but do you think these buy and sell zones help even more with making the right decisions? Are these zones at every purple line zone? Thank you for your time.
I guess we are talking about the short plus zones Indicator. (One of six)
The Idea behind the zones is to make it easier to spot the longer-term direction of the price and when momentum is likely to end.
As you said, you do not trade them blindly, because the smart money can at times do a 180 degree turn around in these areas. spotting their intentions
does become more recognisable in the early stages with practice.
there is a PDF that comes with the full suite that explains these lines and trading tactics around them.
In the meantime' new levels templates uploaded in post 1 for this week for new visitors to try.
Thank you for the reply. One last question before I make the leap. In the first post it says the levels are updated frequently (Daily,Weekly etc) How is this done? Do I have redownload the indicators every time to have them updated?
Morning...
You don't have to do anything once you got the Indicator suite. It does it for you once loaded.
All levels are taken care of automatically depending on the timeframe you are using. Everything explained in the manual supplied,
and the additional benefit is you join a group of like-minded Telegram powerzone users too.
02-06-2020: New Templates uploaded in post 1 for you to try. Regards TX4
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Hi there ! CAn you kindly share link of your any clip, how can we trade these S/R lines, as i have downloaded template but i dont understand where should entries i have to take?
Thanks,
Can you Kindly Post GBPUSD Chart here of 15 Min ? Also In Indicators suit, will they alert when any bullish or bearish reversal candle form on S/R Lines?
{quote} Can you Kindly Post GBPUSD Chart here of 15 Min ? Also In Indicators suit, will they alert when any bullish or bearish reversal candle form on S/R Lines?
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This is actually of a 1hr chart, but same scenario.
One of the most Accurate Forex Levels Indicator for MT4
