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.
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.
Currency pairs: any
Preferred Time frames: Suitable for 1 min charts and above.
Sessions: Around the clock
Configurable Indicator Options