• Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
    Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)

Suggestion One of the Most Accurate Forex Level Indicators for MT4

what is the use of having these levels when any of them can be the turning points? Seems more like playing roulette rather than trading. Of course unless there is some other means to pinpoint the highly probable ones.
 
dascore said:
Thanks John Jones,

One suggestion to those who are looking for the redknight power levels to use post mt4 `1420+, you may want to check out the use of liquidity lines and zones under the ICT/Smart Money concepts. They represent newer methods of identifying and trading levels of important supports and resistances, reduce the amount of float associated with large range zones and are dynamically adjusted during trading and thus are more responsive and so lead to more accurate trading signals.

Here is one example of using liquidity lines & zones using the ICT and smart money concepts. Smart money concepts and ICT technical indicators are also not black box systems where the codes are kept hidden and are more commonly accessible, so it may be a better choice.
View attachment 169635
Click to expand...
exactly... makes sense this way as confluence is focused.
 
I was thinking.... what happens if I "marry" the redknight power levels or any levels indicator that has been submitted by members who have contributed to this thread with one of the 7 indicators of the "100% win rate of the Anna Baskakova trading system" ( discussed elsewhere in another thread in this forum)? Would we get a powerful chart template to trade levels accurately as a result?

Here is the final result of doing just that- you be the judge, whether it is useful to you or not. May the best prices be yours.

1776332216392.png
 
dascore said:
I was thinking.... what happens if I "marry" the redknight power levels or any levels indicator that has been submitted by members who have contributed to this thread with one of the 7 indicators of the "100% win rate of the Anna Baskakova trading system" ( discussed elsewhere in another thread in this forum)? Would we get a powerful chart template to trade levels accurately as a result?

Here is the final result of doing just that- you be the judge, whether it is useful to you or not. May the best prices be yours.

View attachment 171368
Click to expand...
Looks good/promising Dascore, but which indicators did you eventually use to make this Ind ?
Perhaps you could attach the Indicators on your post and then we can all try & report back to you : )

Pete
 
Petemech said:
Looks good/promising Dascore, but which indicators did you eventually use to make this Ind ?
Perhaps you could attach the Indicators on your post and then we can all try & report back to you : )

Pete
Click to expand...
Anna's indicators are from her suite of 7 indicators available in the thread "100% win rate of the Anna Baskakova trading system" - the particular arrow is super-signal-mod by Anna- attached as per your request though you should check out her entire suite of 7 indicators. This arrow recalculates- and so it might not be to your liking. As for the levels, I use a proprietary RK Power Zones clone. A newer approach is to use the Liquidity zones or Supply and demand zones from the SMC/ICT group- all these except the proprietary indicators are available for members of the forum. Have a good look around and you will find many gems:)
 

Attachments

dascore said:
Anna's indicators are from her suite of 7 indicators available in the thread "100% win rate of the Anna Baskakova trading system" - the particular arrow is super-signal-mod by Anna- attached as per your request though you should check out her entire suite of 7 indicators. This arrow recalculates- and so it might not be to your liking. As for the levels, I use a proprietary RK Power Zones clone. A newer approach is to use the Liquidity zones or Supply and demand zones from the SMC/ICT group- all these except the proprietary indicators are available for members of the forum. Have a good look around and you will find many gems:)
Click to expand...
Many thx Dascore for your kind advice & arrow ind d/load : )
I will see if i can find ththe weekend & let you know
after i have looked & if possible demo test them next week

Pete
 
dascore said:
Anna's indicators are from her suite of 7 indicators available in the thread "100% win rate of the Anna Baskakova trading system" - the particular arrow is super-signal-mod by Anna- attached as per your request though you should check out her entire suite of 7 indicators. This arrow recalculates- and so it might not be to your liking. As for the levels, I use a proprietary RK Power Zones clone. A newer approach is to use the Liquidity zones or Supply and demand zones from the SMC/ICT group- all these except the proprietary indicators are available for members of the forum. Have a good look around and you will find many gems:)
Click to expand...
Hello Dascore, can you share the proprietary RK Power Zones clone indicator that you mentioned.
 
john jones said:
Can you at least give the names of the proprietry indicators, that would really help the community to track them down.
Click to expand...
Hi John Jones,
I will list some 10 proprietary indicators and trade setups ( either as indicators or algorithms) created by related ICT/SMC groups for use in trading.
1.Busted Breakout strategy
2. Crypto Trading strategy
3. SQN Market Regimes
4.Initial Balance Strategy
5. AMD Strategy
6.Liquidity Grab strategy
7.End of day swing
8.Dealing Range
9.London Fix
10.Venom Model

One particular model that is interesting as it is actively traded every day is the ICT/SMC "ONE TRADE SETUP FOR LIFE". Unfortunately the soehoe server says the pdf file size is too large to be processed here. However, a search will reveal several youtube channels and some forum downloads for the pdf and so you can then assemble the indicators for this trade setup or search for them in an easier way.
I wish you all the best!
 
You must log in or register to reply here.
Back
Top