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List of attachments
│ Candle Paterns and Price Action around The Powerzone Levels.mp4
│ Danger Trading Range.pdf
│ Exposing the forex market by Forexia.pdf
│ How to trade the Power Levels-Basic Strategy.mp4
│ Installation.pdf
│ Using The Merged PowerZone Levels.mp4
│
├─Additional Info and Third Party Indicators
│ Additional Trading Technique’s and Indicators.pdf
│ Closing Price action Structure.jpg
│ Daily_HiLo.ex4
│ Hi LO Of The Day.pdf
│ Market Session Open Times.ex4
│ Market session Open Times.pdf
│ Multi Timeframe Setup.png
│ Power Levels explanation-Play the range.jpg
│ Power Levels explanation.jpg
│ PowerZone Levels Update 2019.pdf
│ Trading the Levels with No Indicators.jpg
│ Visual HMA Settings 1.jpg
│ Visual HMA Settings 2.jpg
│ VisualTrend HMA nmc.ex4
│ Weekly Monthly Levels.jpg
│ Zig Zag Fib Settings.jpg
│ ZigZagAdvanced.ex4
│
└─Indicators
###LONG-TERM-V_2.1.ex4
###LONG-TERM-ZONES-V_2.1.ex4
###POWER-LEVELS-MERGED-V_2.1.ex4
###SCALPING-V_2.1.ex4
###SHORT-TERM-V_2.1.ex4
###WEEKLY-MONTHLY-V_2.1.ex4
###ZONES-SHORTS-V_2.1.ex4
RedKnight Power Levels uses a set of indicators based on the Support and Resistance strategy. 6 indicators are included in RedKnight Power Levels and the chart range/role/update frequency of each indicator is clearly explained.
1:###SCALPING-V_2.1 1Minute-5Minute Charts. This Indicator Updates Once Per Day.
2:###SHORT-TERM-V_2.1 15M-1hr Charts. This Indicator Updates Once Per Week
3:###LONG-TERM-V_2.1 4HR Charts. This Indicator Updates Once Per Month.
4:###LONG-TERM-ZONES-V_2.1。This Indicator has the Levels along with the Buy/Sell Zones,Not intended to be used as a simple entry signal, the main purpose is to assist in identifying price behaviour and trends
5: ###POWER-LEVELS-MERGED-V_2.1。This Indicator Is an update to the Scalper and Short-Term Levels. It is a combination of the two Indicators merged together. You can use this one on a 1 minute to 1 Hour Chart.
6: ###WEEKLY-MONTHLY-V_2.1,This indicator is usually used by long-term traders and should be applied on a chart period of D1 or above.
Personally, I am satisfied with the performance of this indicator, the reason why it does not reach the fine rating is that the algorithm of RedKnight Power Levels is still based on the ZigZag indicator, but most of the indicators that you can encounter on the market are based on the ZigZag calculation, this ZigZag algorithm is a bit outdated for professional traders, look forward to a more scientific and relevant algorithm being made public later on.
List of attachments:
│ Candle Paterns and Price Action around The Powerzone Levels.mp4
│ Danger Trading Range.pdf
│ Exposing the forex market by Forexia.pdf
│ How to trade the Power Levels-Basic Strategy.mp4
│ Installation.pdf
│ Using The Merged PowerZone Levels.mp4
│
├─Additional Info and Third Party Indicators
│ Additional Trading Technique’s and Indicators.pdf
│ Closing Price action Structure.jpg
│ Daily_HiLo.ex4
│ Hi LO Of The Day.pdf
│ Market Session Open Times.ex4
│ Market session Open Times.pdf
│ Multi Timeframe Setup.png
│ Power Levels explanation-Play the range.jpg
│ Power Levels explanation.jpg
│ PowerZone Levels Update 2019.pdf
│ Trading the Levels with No Indicators.jpg
│ Visual HMA Settings 1.jpg
│ Visual HMA Settings 2.jpg
│ VisualTrend HMA nmc.ex4
│ Weekly Monthly Levels.jpg
│ Zig Zag Fib Settings.jpg
│ ZigZagAdvanced.ex4
│
└─Indicators
###LONG-TERM-V_2.1.ex4
###LONG-TERM-ZONES-V_2.1.ex4
###POWER-LEVELS-MERGED-V_2.1.ex4
###SCALPING-V_2.1.ex4
###SHORT-TERM-V_2.1.ex4
###WEEKLY-MONTHLY-V_2.1.ex4
###ZONES-SHORTS-V_2.1.ex4