That level is a bit too close to the level that caused the bounce after the Brexit drop. This is a difficult one as there are many highs that could form various levels. It does seem that price is settling for the following zone. However, pinpointing ...

Golden Zone Power Mining Indicator

Good question. It depends heavily on the strength of the levels you trade from. Also, on that USDCAD trade, price had already passed through several lows before hitting the golden level creating some headwind for price. When it neared the level, ...

Golden Zone Power Mining Indicator

Hi Macdon, Not a silly question at all. You usually have more highs and lows forming the levels on longer term TFs. This means that you tend to end up with several levels forming a wider price range. In these cases it can be hard to determine the ...

Golden Zone Power Mining Indicator

NZD/USD Price is approaching two sets of golden levels, both defined by Jan - May 2015 range. The golden zone power indicator revealed the higher price levels @ .7515, while I added the lower levels manually according to the golden level definition ...

Golden Zone Power Mining Indicator

Price is approaching two sets of golden levels, both defined by Jan - May 2015 range. The golden zone power indicator revealed the higher price levels @ .7515, while I added the lower levels manually according to the golden level definition @ .7420 ...

Golden Levels: NZD/USD

EUR/USD EUR/USD buyers are currently climbing a wall of worry after the Brexit induced drop in the pair (shown by the jagged PA since the drop). This means that they see prices as cheap enough to buy but are at the same time concerned about the ...

$ Millionaire Traders Golden Price Mining

EUR/USD buyers are currently climbing a wall of worry after the Brexit induced drop in the pair (shown by the jagged PA since the drop). This means that they see prices as cheap enough to buy but are at the same time concerned about the future of ...

Golden Levels: EUR/USD

Will be part of the next update. Q >> Learn More About Golden Levels

Golden Zone Power Mining Indicator

>> Learn More About Golden Levels

$ Millionaire Traders Golden Price Mining

Sure, will include all this in the next version. Q >> Learn More About Golden Levels

Golden Zone Power Mining Indicator

For now the indicator acts as a visual aid in finding golden levels. However, I might consider developing something along these lines separately. Q >> Learn More About Golden Levels

Golden Zone Power Mining Indicator

You mean it doesn't list in the drop down? I am sure you restarted the MT4 client, or? Q >> Learn More About Golden Levels

$ Millionaire Traders Golden Price Mining

There are outlier 1:10+ trades, but on average 1:2 - 1:5. I could let some run for more, however I prefer a more predictable, steady stream of pips. (Refer to the chart in my tutorial. It tells you the R:R needed). Most of my trades are golden level ...

Golden Zone Power Mining Indicator

Absolutely. Looks like both H4 200 MAs are coming in together to confluence with it. Q image >> Learn More About Golden Levels

Golden Levels: AUD/JPY

Even if you do trend trade you can use the golden levels to exit. That golden level @ 73.36 is super sharp, so even though it had already been touched recently right after the Brexit vote, it still carries enough significance for a ...

Golden Levels: NZD/JPY

If you want to mine the level from that short a time range, then go down to the H1 and zoom out, then move the vertical levels until you see a cluster of golden levels or well formed ones. However, that cluster of golden levels drawn from a higher ...

Golden Zone Power Mining Indicator

Because different golden level are obtained from different time frames (read approach #2 in the first post). It all depends on the path you take. Some levels will be revealed on multiple TFs, some only on one. As you can see the two zones were ...

Golden Zone Power Mining Indicator

The clustered golden levels are generally stronger. If you go back and look at past data you will see that the clustered ones I generated have more significance and are better formed. I got them by switching between H4 and daily (letting golden ...

Golden Zone Power Mining Indicator

Hi nimbinsstone, Did you restart the platform after dropping the ex4 file it into the Indicators folder? Do you have multiple MT4 platforms installed? Q >> Learn More About Golden Levels

$ Millionaire Traders Golden Price Mining

No problem. Turned into even more than just a scalp. Q >> Learn More About Golden Levels

Golden Zone Power Mining Indicator