Power levels trading

[kraven]

Kraven, I don't know how you do this, but it is like magic :-)

 

glad you like them huuu, not holy grail magic but pretty good..........you could comfortably trade the bounces (sl 10, tp 15+)....bounced off 6177, moving and bouncing around 6139 - open (gets messy as near open), and bounced off 6107

[kraven]

hello pardy

 

EU levels for today were/are

 

major:

.3862

3764

3736

3628 (should be a good one)

 

minor:

3879

3811

3748

3712

3696

3675

3650

 

these are not exact (give or take 4pips??), trade them as you will, and remember these are what i call 'levels of importance' nothing more...........this method also works for GU (all pairs).....monitor them today and if your still interested i'll post or pm you tonight (as this thread has went more towards cots and reports etc) when i have more time....oops missed out 3830

 

a lot of these are still good........bounced off 3804 (not on here, newer line) 3764, 3736 today (look out for 3712, 3699-6, 3675-9).....need to update my chart really

[hitescape]

Here is a link to my insert scripts.

 

http://www.4shared.com/file/P2rs91pz/Insert_Scripts.html

 

You will find three scripts. They are:

Insert_SR_Levels.mq4 - This requires a csv file: \experts\files\SR_Levels.csv The first column is the SR level and the second column is line width (1-5)

 

Extract_Lines.mq4 and Import_Lines.mq4 are handy if you want to transfer your SR lines from one copy of MT4 to another copy such as if you have accounts with different brokers. This is a three step process:

 

1. Run the Extract_Lines.mq4 script on the current chart. It will export copies of all Vertical, Horizontal and Trend lines to a file XXXXXX-Lines.csv. The XXXXXX is the pair name - EURUSD etc.

 

2. Copy that XXXXXX-Lines.csv to the \experts\files\ folder of the other version of MT4.

 

3. In the second account run the Import_Lines.mq4 script. It will automatically try to adjust for the different GMT offsets. It works best with the H1 because not all brokers have the same GMT times and the H4 and above can end at different times.

 

Please PM me with any questions.

[sillykiddo]

kraven i think every one of us is waiting.. to see how u come up with this number.. but no matter what they work like magic GU Played very very nice today

 

thanks heaps kraven

[kraven]

thanks sillykid, glad you like them.........i think indo site is the best around and i love the sharing spirit........worst thing about it is uploading pic's etc.....i will share i promise when i have more time.

[manojcosmo]

Hi Kraven I am new to posting, I really like the way it bounced of the levels u had set and very less dd.

Hope to see your calculation soon. GOD BLESS YOU KRAVEN.

[manojcosmo]

Hi,

 

I inserted the 3 scripts in the /experts/files/folder of the mt4

and then restarted the MT4

 

and tired to attach those scripts but did not work out it was giving a pop up window message saying SR Level.csv not found

 

How could one get it and save it in the folder

[hitescape]

Hi,

 

I inserted the 3 scripts in the /experts/files/folder of the mt4

and then restarted the MT4...

 

I forgot to mention that the Scripts go in the MT4\experts\scripts folder. The csv data file is the only one that goes in the \experts\files\ folder.

[kraven]

As requested, how i create 'Kravens Repetitive Areas of Potential Profit' or K.R.A.P.P for short : )

 

http://indo-investasi.com/showthread.php/10028-K.-R.-A.-P.-P?p=115378#post115378

[dave123]

Kraven, the levels you have posted just about correspond to bar levels transferred from monthly, weekly, and daily highs/lows, almost to the pip. I have even placed a couple of levels that correspond to open/close from the weekly chart.

 

Not a criticism of your work at all, just interesting to see how price reacts to those levels and how they correspond to your levels.

 

Keep up the good work.

[kraven]

dont forget dave the highs and lows of the lowest and highest days will be the same as the weekly and monthly highs and lows if you go far enough.....................so you don't have to do weekly's and monthly as there bound to match a couple of of the days

[dave123]

Makes sense, cheers mate:-)

[1MILLION]

where do i get the csv files.

thx.

[manojcosmo]

How do I get the SR Level.CSV files

[⭐ musketeer]

yesterday's options level on eurusd and gbpusd

 

http://img836.imageshack.us/img836/6237/eurusdoptionslevels2010.gif

http://img836.imageshack.us/img836/6237/eurusdoptionslevels2010.gif

 

http://img181.imageshack.us/img181/39/gbpusdoptionslevels2010.gif/

http://img181.imageshack.us/img181/39/gbpusdoptionslevels2010.gif/

 

edit: img tag does not work, these are the links to the pics

Edited November 12, 2010 by musketeer

[⭐ musketeer]

and today's

 

http://img18.imageshack.us/img18/39/gbpusdoptionslevels2010.gif

http://img18.imageshack.us/img18/39/gbpusdoptionslevels2010.gif

 

http://img714.imageshack.us/img714/6237/eurusdoptionslevels2010.gif

http://img714.imageshack.us/img714/6237/eurusdoptionslevels2010.gif

[jamestan1978]

Thanks or sharing but how do we trade with all those lines?

[⭐ musketeer]

Thanks or sharing but how do we trade with all those lines?

 

I've try to trade bounce of and break out of.

[hitescape]

To all that are asking about the CSV files, I strongly suggest that you read ALL posts in this thread first. You will learn that YOU need to create them. You will learn HOW to create them. You will learn what they are used for and how to trade off of those levels.

 

These tools that I posted are only to make life simpler for those that want to import their calculated SR lines directly into a chart.

 

The scripts are free but YOU have to do your own part. After all, only you are responsible for your trades.

[pardy]

I've try to trade bounce of and break out of.

Hi musketeer, I presume that those are levels from evolution. I tried to get them onmy charts, but wouldn't work. I've created the right folder, evolution-options, downloaded the files into it, but the indi plots nothing. The same process however works flawlessly for the histo and levels folder.

Be grateful for your help.

Thanks

[⭐ musketeer]

Hi musketeer, I presume that those are levels from evolution. I tried to get them onmy charts, but wouldn't work. I've created the right folder, evolution-options, downloaded the files into it, but the indi plots nothing. The same process however works flawlessly for the histo and levels folder.

Be grateful for your help.

Thanks

 

Hi Pardy,

nope, it is from here: http://www.betsyndicate.net/analiz-opcionnyh-urovneiy/261-betsyndicateoptions.html

 

ahh, as I remember, (the evolution's indi) did not chart on current day...

[guedesjunior25]

A very good explanaition about the options levels. Need read. Is in russian, need translate.

hxxp://forum.profiforex.biz/showthread.php?t=7575&highlight=options

[sequentialb]

Anyone draw some levels on their chart for tomorrow? On EU, I got 3800, 3780, 3764, 3735, 3600, 3573, 3557, 3502, and 3459.

[guedesjunior25]

levels 15/11/2010

 

http://img46.imageshack.us/img46/4561/fx151120101.gif

 

Uploaded with ImageShack.us

[guedesjunior25]

Levels 16/11/2010 (Only daily best OI )

 

http://img593.imageshack.us/img593/3080/fx161120101.gif

 

Uploaded with ImageShack.us