Market Turning Points Indicator_ Real Time Levels
The market turning points indicator beats all other indicators because it’s more focused on real-time levels. Most level-based indicators show static levels (not real-time). That is why the accuracy of such indicators is observed to be very poor.
As you can see above, Bank Nifty went up from the buy opportunity level, and then it was rejected from the sell opportunity level. The second BUY OPP and second SELL OPP level was created in real time. On the second candle level, get fixed. So we need to wait for the close of the second candle to observe the behavior of the price.
EXAMPLE #2
This indicator is very good for higher time frames as well. The above chart data is from NZDCAD 1-HOUR TIME FRAME. We can see that the second buy opportunity level was the real-time level, and the price followed the uptrend after it. Later on, it hit the sell opportunity level that was available at the top. Price was simply rejected from that sell opportunity. So, now this was the static level that was already available here on that time.
A question arises as to why this level worked very well. The answer is that the sell opportunity level pushed the price down because this level is after the stop-loss hunting. The smart money liquidated the retail traders, and then we have seen this reversal.
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Now, let’s see the BTCUSD 1-hour chart. After the buy opp level was created, on bottom price went up, and for some time Sell opp was created, and then buy opportunity. So, what do we understand from the above image? We can clearly understand that this indicator is exactly predicting the next possible move from the market, and good thing that these levels are real-time. We can easily cut our trades with market trends.
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Also, check my Favourite buy-sell indicator SCALP EDGE.