Indicators: PowerTrend
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
PowerTrend:
PowerTrend indicator determines trend power and direction.
The histogram location on a current bar relative to zero is determined to get current market trend direction. Histogram bar color indicates trend power. Presence of the black color only implies that a trend is very weak or is absent.
Red color implies that a new trend is emerging. Addition of the blue color to the histogram bar shows moderate trend and the green color points to strong accomplished trends.
Author: Nikolay Kositsin