By: de ceunynck

de ceunynck — Mon, 15 May 2023 15:55:23 +0000

The indicator is very good only doesn\’t show the stop for the up level for the down level it shows a stop

By: David W.

David W. — Sat, 19 Mar 2022 02:20:21 +0000

This thing works! I took my first online trading course March 20,2020. Since then I have blown my fair share of accounts. Even though I understand the whole process, I am with the 95% that fail; no big shock. What has been a big shock is that I have had this indicator for 5 days, and I’ve gained roughly 133% on my account! ($45 to $103) Yes, of course to gain that much on an account, I definitely over leveraged. I am fine with that, because the account was so small that I didn’t care if I blew it up. The thing is that I didn’t make it all in one crazy, risky trade, I took 9 trades and won 6. That is the best win rate for me ever! I know that it has only been one week, so I realize I have to keep back testing, etc., but even the trades that I lost were only lost because I didn’t follow the rules. I entered just a few pips too early, and got taken out, and then off it went back in the same direction that I originally chose.
I used this indicator in conjunction with (H4) time frame support/resistance levels, the (H1) time frame 10, 100 and 200 SMA, and the Absolute Strength Indicator, that I also got, for free, on this same site. If you understand the basics of trading, but still feel more comfortable with visual confirmation, the 2 indicators that I got from this site work great! With a good trading plan, I can see this being a very simple, very profitable system. Oh yeah, most importantly, I used this as intended, as a trend following indicator.

Comments on: Fractal Levels Indicator

By: de ceunynck

By: David W.