The Owl Smart Levels, a versatile forex indicator, is known for its precise market entry points. Developed over a span of 12 years, it assures a high degree of accuracy in its readings. This innovative trading tool is not limited to forex but is also applicable to stocks, crypto, commodity, and indices.
Historical Analysis and Future Projections
Unlike many indicators that merely provide a historical view of the market, Owl Smart Levels goes a step further. It interprets this history and offers a predictive analysis, providing a glimpse into how the market might behave in the future. This feature enhances the tool’s utility in forex market analysis, making it a powerful aid for currency traders.
Parameters of Owl Smart Levels
The Owl Smart Levels indicator comes with a range of customizable parameters, including LBar and RBar, which determine the vertex by assessing a specified number of bars on the left and right, respectively. The ‘Weight Level’ parameter sets the weight for the vertex lines. The ‘Exspiration level (bars)’ parameter defines the vertex levels’ length in bars.
Users can choose their preferred color schemes for high and low levels and breakout lines. The tool also allows setting the Fibonacci level for initiating a position (‘Start Level’) and the level for TakeProfit, both of which can be color-customized.
Additional Features and Customizations
Among the additional features of the Owl Smart Levels indicator are options to display a trending channel, with user-specific color and thickness, and the Fibonacci Fan tool. The indicator also offers a left panel that shows an information panel, which can be toggled on or off as per user preference.
The ‘Bars calculate’ parameter sets the number of bars for the tool to compute. The option ‘Older timeframe’ lets the users select a timeframe for trading using the three-screen method, providing more accurate forex insights.
Independent Testing and Updates
Independent testing of the Owl Smart Levels indicator can be viewed on the forexroboteasy.com website. Furthermore, users can subscribe to updates on the testing results of this product, ensuring they stay informed about its performance.
FAQs
What markets can the Owl Smart Levels indicator be used on?
It can be used on forex, stock, crypto, commodity, and indices.
What makes the Owl Smart Levels indicator stand out from other indicators?
Unlike others, it not only analyzes past market behavior but also provides predictions for future market trends.
What customization options does the Owl Smart Levels indicator offer?
It offers various customization options, including color schemes for different levels and lines, adjustable vertex weights, and a choice of display for additional tools like the trending channel and Fibonacci Fan.
Where can I view independent testing results for the Owl Smart Levels indicator?
Independent testing results can be viewed on the forexroboteasy.com website.
We invite all users of the Owl Smart Levels indicator to share their experiences and feedback. This helps in building a community of informed traders, leading to more effective and profitable trading strategies.
This review is an independent analysis of the Owl Smart Levels indicator. The perspectives shared here are based on an objective assessment of the product’s features and performance, without any bias or affiliation.
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