pippimp

To answer your question

 

Hi everyone,

 

let's say that, hypothetically, you have information about various price levels where the resting orders are accumulated. Not just some random resting orders, but orders that actually move the price. It doesn't matter what type of orders, what's important is that once the price gets to such a level it either bounces back (to the previous level) or shoots through it (towards the next level). Now if you think about it, all what the price is actually doing, all those cycles and cycles-within-cycles, that's all merely just the price traveling from one level to another (with scalpers and news traders and similar short-term anomalies along the way).

 

Imagine you have access into all computers of given market, then this is basically the only information you would be able to find out - information about the resting orders (where they are placed at and in what amount). Beside that there is no other secret to find out.

 

Now I am a programmer, not a trader, so maybe it's just my ignorance or a lack of imagination, but how could you possibly use such information in order to take advantage of it? You still wouldn't know in advance whether the price will actually bounce or penetrate once it reaches the level because you can't know how strong the trend will be at that time (i.e. whether the participants already in play will "overpower" the resting orders, or will get overpowered by them).

 

So how could you make use of such knowledge? All I can think of is to wait till the price reaches the level and then set stop orders in both directions, that way both possible outcomes would be covered. Is that all what could be done?

 

 

To answer your question in a word, "Yes".. You could place buy/sell stop orders around the specific levels.. you would have to look at past historical data to get an idea on how much the bounce moves past these levels if at all.. The price moving past these levels might be an effort of the banks/institutions to fake the market out if i saw one of the shoot past then immediately retrace past the level, then would place an order in the the direction of the trend before hitting this level in order to make sure i got in at the very beginning of the trend.. There are other tactics that could be employed as well.

 

Let me know if you are interested in discussing further... You can instant message me if you choose.

 

Thanks, Much success to you!

 

Theophilus

Hi,

 

How do you trade this?

 

Is the the blue/magenta lines have to be present after the Zigzag arrow to confirm entry?

 

Any help/instructions would be greatly appreciated.

 

Thank you.

 

Theo

Anyone have any of the templates found on the Market Pro website/forum?

 

 

Thanks

Theo

Thanks Uncle Pips.. Sounds fantastic! I will look into ART and Turnsignal as well. I agree.. several systems giving the same signal can provide strong evidence in a trade decision.

 

Best of success to you!

Hi,

 

Thank you for the share ..Only two questions for you:

 

1) Have you been successful in using this method in your LIVE trading?

2) How accurate wuld you say the forecasting (future zone) has been from your personal experience?

 

Thanks again for the great share!

 

Theo

Hello,

 

Can somesome share the re-upload the link? The multiload link is dead.

 

Thank you.

 

Theo

Joeytrader, Okay now I see it.. I have the solid green line and it is going along each minute.. Is this flux good for any other pairs and for any other time frames (ie 5M or 15M)? This just seems diificult to read because you have to open another chart in order to read the real time candles in the present, while the chart with the flux is in smaller sep chart that has to be adjusted for size to concide with the chart with the real time candles.

 

 

Many thanks for your help an d everyone who has contributed to this thread. Many thanks!!!

 

Theo

I have been trading this for a week and it repaints in all timeframes i have seen.. including 4 hour... It is rubbish...

How do you load this up? I have loaded both files , fowlwoed all the instructions and I still dont see the powerzones going past the latest bar/candlestick that the graph is showing.. Powerzone only goes as far as the AMACD.. Please give some help?? I beginning to believe you have to get buy the software in order to give them the IP address so they (back to the future owners) can allow the dll... Any help greatly apprecaietd.

 

Theo

Thanks Surfertrader.. Good to see some members are about helping instead of just coming on here to brag..Be gone troll!!

Friends,

Something also to consider and while i would not really want to alter this great system. But what I have found from some other good systems is that after we are in the trade. we may decide to use a Bollinger Band with standard settings and once price hits the middle band on the next lower timeframe (ie. middle band on the 1 hour if we are trading the 4HR)and scale out with take profit on half the order and or move to break even. Take the remaining profit when price hits on the furthest extreme band on the 1hr chart.

 

Just a suggestion.

 

Theo

Thanks 100pips. So the blue line is a 3 sma shifted by 3? Wow that look pretty far off price to be just a 3 sma. I plotted a 3 sma with a 3 shift and it was still amidst the bars.. not offset like up above.

 

Thanks

TB

Hi all,

 

The fib tool lines look cool,yet i would be more interested in what is used to form the bold blue trend line. Notice how when there is a good break of the line that the trend reverses. What a good indicator to have!! Any info on this would be greatly appreciated. Thanks!!

 

Theo

I got a quick 7 day trial. It is nothing special. It does not predict tops and bottoms, it only logs in most recent high and low and when a new hi or low is established puts a new line there. It is just the same as zig-zag. Dont waste your time!!.. If you still want to try it contact him and he will give you a free trial in exchange for sending his promotion email to your email contacts.

 

Like i said it doesnt predict at all.. Just records the new high and low...

 

Theo

Hi,

 

Does anyone have this indicator? Please share..

 

Thank you.

Theo Boyd

So in reading the site it states that when you open an account with their broker, then you get the indicator. So not only do they get the upfront cost of the indicator but backend revenue from the broker based on your trading account. Well this makes me a bit suspicious, think we need to see how this works in realtime and whether you can actually use this indicator with any broker you choose not just their preferred broker.

 

Theo

Thanks Freddy,

 

What setting are used for the indicators as well as what timeframe have you seen this work the best? I am seeing not alot of agreement on extreme point where both of these indicators agree. was wondering is there some seetings that were ideal for these indicators.

 

Thanks

Theo

Sergey,

 

Do you have these available for MT4?

Fx_ever,

 

Thanks for your comments... If you dont mind me asking, what are you settings for cc indicator and BBands? Do you enter in once price has retraced from extreme bands when looking at BBands?

 

Thanks again..

 

Theo

minhtri,

 

Thank you for wanting to share.. Very nice of you.. Thanks!!

 

Maybe you can upload to Multiload or depositfiles?

 

Guys those who were able to download the indicators .. why not help out and load them to a mutliload site and share the link with the rest of us since english is not minhtri first language.

 

Lend a helping hand.. Thanks in advance.

 

Theo

Many thanks Dave....

ForexConquer,

IF all I mention is toys then you must be referring to something that does not lag at all.. PRICE... Is this what u were getting at?

 

Thanks

Theo

Hi

 

Can some mirror this? Load to a multiload site? Sharebee is the absolute worse to load from.. they just collect info to spam you..

 

Thank you...

Theo

Forex Conquer

 

Okay I will play.. I think the word you are thinking of is MACD confirmation or a indicator that confirms divergence liks stoch or RSI.. Am I getting close?

 

Worst case scenario is you can use a Moving average cross as confirmation....

Looks like back to drawing board.. there doesnt seem like aindicator out there that can pin point tops and bottoms accurately.. even a non repaining indicator that has high probablility I would setlle for...

 

Thanks to everyone anyway for excellent effort....

 

Theo