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FOREX INSIDE POWER ZONES
Power Zones in Forex are clusters with reacting numbers!!.
HTTP://POWERZONESINSIDEFOREX.BLOGSPOT.COM/P/ABOUT-ME.HTML
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POWERZONES INDICATOR DETAILS
The Core Concept of PowerZones Indicator is Price Action. It uses
Pivots, Fibonacci, Linear Regresion, High-High, Low-Low, M1, M2, M3,
Support and Resistence Lines , Swing High, Swing Low in Mutiple Time
Frames (Hour, Week, Monthly, Year) and other Proprietary Calculations.
When these methods find each other there is a high probability of
Price Reaction. This is a Reality!!!
The point is , How do you use this powerful confluence?
PowerZones Indicator has a simple setup and you can select different
options to change the view of chart. This indicator works in MT4 and I
suggest use in 1 hour time frame. The visualization is better. You can
apply Power Zones like Scalper or Intraday style.
PowerZones manage 3 key concepts: Power Zone Blocks, Extreme Areas and
Gauss Grid.
1.- Power Zones Blocks have 4 colors: Gray, Blue, Orange and Red. The
Red Blocks are very powerful. The Gray Blocks are very week of
reaction but is very useful to set Stop Loss.
I recommend to start with only Orange and Red Blocks.
You will see new blocks when the day start. The blocks will be always
at the beginning of the Day, I mean time 00:00.
2.- Second concept: Extreme Areas use complex calculations. You will
see at the left side of prices 3 Red, 3 Blue and 3 Green Extreme
Areas.
When the price touch the highest Red Extreme Area that means time to
Sell. That means the overall downtrend is comming.
When the price touch the Lowest Green Extreme Area that means time to
Buy. That means the overall uptrend is comming.
When 2 or 3 Red Extreme Areas match there is a super High Probability
of reaction.
I have seen few cases of this event. Same thing with the Green Extreme
Areas.
In the manual I explain with details options of Take Profit and Stop
Loss.
3.- Third concept: Gauss Grid use other calculations. You will see
like a Cloud Zone. I recommed use it if there are either Power Zone
Blocks or Extreme Areas outside of Gauss Grid. You need more
experience in Forex is you use this option.
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EXTREME AREA USDJPY '> 0 comments Email ThisBlogThis!Share
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EXTREMES AREAS - POWER ZONES
New!!!
Now you will see with PowerZones a new feature: Extreme Areas!!
These areas appear in the right side of the price. You will see, Red,
Blue and Green Extreme Areas. When the prices touch Red Extreme Area
this a wonderful opportunity to Sell. When the prices touch Green
Extreme Area this a wonderful opportunity to Buy. !!
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FOREX STRATEGY : POWER ZONES IS A POWERFUL GROUP OF PRICES.
Power Zones in Forex means reaction!!. When the price touches these
Clusters or Blocks occurs turn back or breakout of support and
resistance lines.
PURE PRICE ACTION!!
The Clusters in Power Zones are like BOMB.!!
The theory is the following: When group of powerful prices across
among them create solid areas (Clusters). When the price touches these
areas there is high probability of strong reaction.
Power Zones is my proprietary indicator. It works in MT4 (MetaTrader
4). You can apply this indicator in any time frame but visually is
better in 1 hour.
Power Zones Indicator seeks powerful prices in multiple time frames.
(1 Hour, 4 Hour, Daily, Weekly, Monthly, Yearly).
The idea is show blocks of prices in different colors. The Red is most
important cluster.
You will see 4 different colors: Gray, Blue, Orange and Red.
Sometimes the blocks are mixed with each other.
You can set 4 ,3, 2 or 1 color.
The Power Zones Indicator may change every day.
The example below I set only the Orange and Red Blocks. You can see
strong reaction when the price touched the red zone.
The following chart show you the set parameters of Power Zone
Indicator.
1.- Max Range: Defaut is 10. The indicator will find in 10 pips range
the powerful prices. I recommend set in 10 pips range.
2.- iComment: Show in the Upper Left Corner the High and Low of
current year.
3.- iGray : Gray zones. 1 means gray zone appears in the chart. 0
means do not show the gray zone. This a weak level of price reaction.
4.- iBlue: Blue zones. This a middle level of price reaction.
5.- iOrange: Orange zones. This a strong level of price reaction.
6.- iRed: Red zones. This a strongest level of price reaction.
Take a look of this chart: EURCHF. I set only Red Cluster.
Wonderful!!. Power Zones is very simple and powerful.
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GAUSS GRID
Gauss Grid is a wonderful map for trading with Power Zones.!!
When the price touches a block outside of Gauss Grid the reaction is
very strong. 0 comments Email ThisBlogThis!Share to
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POPULAR POSTS
* Forex Strategy : Power Zones is a Powerful Group of Prices.
Power Zones in Forex means reaction!!. When the price touches these
Clusters or Blocks occurs turn back or breakout of support and
resistan...
* Gauss Grid Gauss Grid is a wonderful map for trading with
Power Zones.!! When the price touches a block outside of Gauss Grid
the reaction is very s...
* Extreme Area USDJPY '>
* Extremes Areas - Power Zones New!!! Now you will see with
PowerZones a new feature: Extreme Areas!! These areas appear in the
right side of the price. You will see, Re...
* PowerZones Indicator Details The Core Concept of PowerZones
Indicator is Price Action. It uses Pivots, Fibonacci, Linear
Regresion, High-High, Low-Low, M1, M2, M3, Supp...
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