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I have found an indicator on eBay and they say that you can detect the points or levels of manipulation where banks buy and sell during the London and New York sessions. They also say that banks always seek to touch your stop loss and that we can take advantage of those movements. Is that possible? Is that true? Please let me know what you think about this statement and about the indicator. Thank you! I leave the link here.
I took a quick look at it out of curiosity. Are you saying it detects bank levels? First big red flag: �it works on M15 and H4.� Bank levels do not depend on time frames, they are price levels. The video shows a MT4 indicator with channels that seem to follow a mobile average. There are several users here that could give you the same free. Magnumfreak, for example, used an MA channel quite successfully (when he was still posting
Come on, bro, use your head... eBay?
He is the seller. WBS = Where are the Buyers and Sellers.
So... if that indicator were really profitable, would it really sell it for a couple hundred dollars? If those levels had any real advantage, selling them would be giving away your golden egg chicken. Because the more people use them, the more you lose any advantage. (That assuming you have any advantage in the first place.
It is true, but it is still an indicator. We can measure at a specific time thanks to the support and resistance that marks. I recommend using several indicators to analyze time and volume in different periods. Yes, it is true because I have tried it.
Thank you.
Yeah... you're right.
Hahaha... I'm not the salesman, I just wanted to know what the others thought.
Yeah, you're right, I suspected it, but I wanted confirmation from you, so thank you, this really helps me, I'm not buying it.