Suggestion One of the Most Accurate Forex Level Indicators for MT4

Hi friends,

Anyone has the Red Knight FX Power Levels suite which has been claimed to be one of the most accurate forex level indicators for MT4 and has a long history of being in the commercial section of forexfactory for a long time. Developed using some Gann theory not just pivots.
In the pack:

1X Scalper for 1-5 minute Charts
1X Medium for 15 minute to 1 hour Charts
1X Long Term for 4 hour Charts and Longer

https://redknighttrading.co.uk/red-knight-trading-store/software/

Video of the indie in operation on gbpusd:



Thanks!

 

Attached for download is a sample template for trading Gold- XAUUSD M15-H1 -- the FX Power Levels suite is used to generate trading templates for any forex pairs.
Anyone has the full Power Levels suite? Enjoy!

 

thanks mate , just xauusd this template or not

 

XAUUSD is a symbol for gold, if this is for scalping trading, need to always put stop loss
because if the price increases volatility, possible to drag in the large floating loss.

 

This is my review for this thread:
it worth every peney

 

Hi 1337br,

This template provided is only for trading Gold- XAUUSD. It cannot be used to apply on other forex pairs.

As an example of using it, here is a chart of XAUUSD , I have marked the bottom and the top of the trading session today. You can see if you followed the power levels, you would have captured the bottom and the top of the price movement exactly. Price fell and created a bottom when it hit a power level at the low, and then it went up and pushed through a few power levels until it hit the top power level and was rejected by the power level and it fell.

Using the power level template of XAUUSD would have helped you in trading the top and bottom of GOLD.

To trade other forex pairs, you will need the MT4 indicators to generate the other templates. Perhaps some members can help?

 

Hi deasoul,

Thanks for your feedback. What are the differences between the scalping, medium term and long term indicators in the power levels suite? Are you using the powerlevels with some other indicators? Thanks.

 

Hi 1337br,

Do you use Tradingview? I have the code for the key levels for use in Tradingview and will be happy for you to get a copy to try out or use personally. I am not attaching it here as there are some members who are dumbing down the posts about it and dislike the inclusion of the template I have attached for Gold previously. Got to respect them. Cheers!

 

I use Tradingview and would really like to have that code for Tradingview.

 

Can someone post that for other forex pairs

 

Perhaps someone with the full suite of Redknight Power levels would care to look at Dexterous request? Are you able to help? Thanks

Meanwhile here's an updated power levels chart for XAUUSD using the template already provided in this thread. Hope it is interesting to some gold hunters!

 

For cryptos traders, here is a redknight power level chart of BTCUSD - hope this will help interest some members who are using the redknight power levels indicators to look at Dexterouse request above. Anyone who has been using these indicators ? Thanks for helping!

 

PowerLevel Templates to try out can be downloaded each week from the RedknightFX Power Levels Website

 

Hi friends,

In response to the negative feedback and consistent dumps down given to the posts in this topic, it is recognised that this topic is not a topic that is beneficial to most of the members and therefore this thread needs to be closed. As the originator of this thread, this is my last post in this thread. To all those who have participated, thank you for your views and sharing. Cheers!

 

Beautiful Redknight MT5 version on GBPUSD....

 

intereting...how to get next week XAUUSD templated?

 

Hello,I want to ask you guys how can I get the templets for forex pairs?

 

you can find them updated weekly here at the original thread

https://www.forexfactory.com/thread/646033-one-of-the-most-accurate-forex-levels

 

ask the owner at his thread ..he will help

https://www.forexfactory.com/thread/646033-one-of-the-most-accurate-forex-levels

 

Hello deasoul, good to see you are still here in the community. If I'm correct you use to have an indicator similar to the Red Knights product, is this correct?