Big Players Indicator: The Best Trading View Indicator
In this article, I will cover the best trading view indicator that is evergreen and gives high-quality trading levels. After the success of the bank indicator, this indicator is getting very famous in our community and newbies are also profiting from this simple tool.
Track Institutional Levels (The Big Players)
This indicator simply draws the possible institutional levels from the banks and big players. If you follow these levels you can easily catch trading rides with the banks and institutions. This indicator provides in-depth levels to catch potential trades. You can simply increase your profitability by following successful trading setups from the indicator.
Big Players Trading Levels:
The indicator consists of 3 levels and three types of depths in input settings:
Red Level:
The top red level is the possible overbought level of the market. If you have already taken a buy trade from lower levels like blue or green, then you should cut your major buy trades at or before this level. This level can work as strong resistance, but our trading strategy is different. You can see we have the 4 moving averages in this indicator.
If the price has reached the red level and we have the bearish crossover on 2 moving averages, then we can confirm it as a sell trade. Otherwise, we will keep buying from the moving average retracements until the bearish crossover. After the bearish crossover, the price can go to the middle green level. This feature makes this indicator very unique and promising because it helps us with possible take-profit levels and swing trading setups.
This indicator helps you to save from losses, especially in trending markets and sudden one-sided big moves.
Middle Green Level:
The middle green level works as a center point. If you have taken a sell from the top red levels after the bearish cross-overs then you can exit before and at the middle green level. At this level, two things can happen. First, the market can pump up from here and moving averages can give you a bullish crossover. Secondly, the price can consolidate on this level and then give a bearish breakout. Once we have a clear bearish breakout then we can target the next blue level at the bottom.
Blue Trading Level:
The blue trading level represents the oversold level of the market. We will not plan any trade at the blue level. If the price is still dropping then we will keep on selling from the retracements of moving averages. If there comes a bullish crossover then we will stop selling and we will enter into a buy trade and will target the middle green level.
Please note that we will not plan any trade on the blue and the top red levels. We will always wait for the moving average crossover to confirm the change of trend.
We can also increase the depth of levels by going into input settings and I personally like depth2.
Simple Approach and Value of Money:
The big player’s indicator is the champion of all trading view indicators. Now the market moves with a big players approach and this indicator has made the levels so simple to trace. Moreover, the price is definitely the value of the money you pay for. With every day we are getting more and more positive feedback and you can check our satisfied customer’s reviews on our official telegram channel.
If you want to book the life time version of big players Indicator you can contact on telegram, WhatsApp, or email.
