Forex Trend Power Metatrader 4 Indicator

The Forex Trend Power custom built trading indicator for Metatrader 4 follows the overall trend. The indicator draws a trend following prediction line below the main trading window. A gold colored line indicates a bearish trend. A blue colored line indicates a bullish trend. This indicator can be used to develop trend following strategies and systems.

Trading Signals

Buy: Wait for the FXtrendpower indicator to turn from gold to blue color (bearish to bullish).

Sell: Wait for the FXtrendpower indicator to turn from blue to gold color (bullish to bearish).

Recommended: Use in combination with an overbought/oversold oscillator to pinpoint entry and exit signals.

Indicator Preferences

Currency pairs: any

Preferred Time frames: Suitable for 1 min charts and above.

Sessions: Around the clock

Download

Download the fxtrendpower.mq4 indicator.

Configurable Indicator Options

Colors,…

EUR/USD 4 Hour Chart Example

fxtrendpower-indicator

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