Hello, thanks for your message here. Turncoat support means that there was previously a resistance that was broken and becomes a support. Regarding the Power of Side indicator - sure, it's a very good tool for recognizing trends of markets. And if you are asking about your BUY trade. It looks...
Hi novatrice1, thanks for your positive feedback - I am very happy to hear that you like the indicator. I currently don't have any plans to make indicators for the MT5 platform. However, if MT4 will end and will not be supported anymore, I will surely find ways how to make the indicator work in...
Hi John, the Powerful Buyers & Sellers Zones Indicator at FPA and the Support Resistance indicator are different with different calculation formula. Support Resistance indicator simply draws support / resistance based on the time-frame and the market that you choose. Buyers & Sellers Zones...
Hi John and thanks for your message here! The indicators are updated monthly - we always check the code stability and compatibility with the latest versions of the MT4 trading platform. From time to time we also add some new features. The indicators here as well as at my website are always the...
Hello and thanks for your message. Yes, I have several strategies trading on a real accounts performing pretty well. Frankly, I consider my account statements to be a very personal thing. As everything I provide is for free, I believe that there is no need to prove anything as you can test it...
Great - I am happy to hear that you are working with the indicator, developing the strategy and you are successful so far. If you will have a while, it would be great to see some examples of your trades in the charts. I am sure that other traders will be interested to know more about your...
Hello, thank you for your message. I personally like using the indicator on higher time-frames - like H1, H4 and D1. But It is possible to use the indicator on any time-frame.
Have a great day!
Ryan
Hi Coughs, I am sorry for late reply. The coder promised that we can make similar setting in one of the future versions of the indicator. I will definitely let you know as soon as this will be ready.
Have a great weekend!
Ryan
Good idea, although I am not sure if it will improve accuracy / trading results if we would avoid medium / weak zones, because these zones will most probably become strong. But I will discuss it with the coder if we can make this option in new versions of the indicator.
Have a great day!
Ryan
Hello, the line areas are correct - MT4 is not able to draw rectangles above each other, or to be more accurate, it is possible, but MT4 doesn't show rectangles that are overlapping correctly. The last version of this indicator shows zones by two price levels only.
To see the text next to the...
Hello, thank you for your message here. Buyers and sellers factor practically set how long history should the indicator check and count with. So even if the factor would be set higher, the indicator will still show weak zones based on its calculations.
Threshold Level = How strong a zone must...
Hi Leonidas, please try to follow these steps. Simply download the new version at the bottom of this thread. Then open your MT4 -> choose File -> Open Data Folder -> open the MQL folder -> open the Indicators folder -> delete the previous version of the indicator and copy & paste the new version...
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