• Overview
  • Reviews (1)
  • Comments (5)

Power Tools

Power Tools provides multiple analytical tools in one indicator for fast analysis of multiple information.

This includes multi time-frame, multi- currency , total base currency performance as well as alerts and notifications.

The tools and functionalities will be expanding based on the developers discretion and suggestions of the users.

Ensure the pairs analyzed are included in the market watch and have enough history over the timeframes being analyzed


Current Strength

Top Right Corner

Shows how strong each base currency currently is from 0 to 10.

Closer to 10 implies a strong base currency that is increasing.

Closer to 0 implies a weak base currency that is decreasing.

Get a general market overview of what is happening, which currencies are weakening and gaining.

Find combinations of Strong (score above 6) and Weak (score bellow 4) symbols to buy one against the other.

The scores are calculated by analyzing 10 trend indicators for each base currency against all its other peers.


Moving Strength

Bottom Screen

Show how each base currency has moved over a given period of time . It compares the movement of each base currency against its other counter currencies producing a visual showing which base currencies are gaining strength and which one are getting weaker.

Rather than just looking at one pair and decide if is going up or down you can also see how one of those base currencies is doing also as a whole.

This tool does not use any indicators. It only sees how much each currency has gained or lost over time.

Multi Currency Analytics

Top Left Corner

Shows how a selection of up to 25 pairs are performing ,to quickly find trading opportunities.

  • Trend : Shows if the pair is moving up or down and how strong it is on a scale of -100% to 100%. Determine if you should buy or sell that pair.
  • Short Term: Shows where a pair is heading on the short term on a scale of -100% to 100%. If it is opposite the Trend is an indication that you may need to wait before placing a trade.
  • Extremes: Shows if a pair is Oversold ↓ or Overbought ↑ on a scale of -100% to 100%. An Oversold pair is an indication that is a bit too late to sell that pair and may start moving up soon. The opposite applies for Overbought pairs.
  • Pips Move: Shows how big the last straight move was. Is an indication of how volatile the pair has been and around how many pips you may expect to gain when Trend and Extremes are opposite.
  • Opportunity: You should be looking to Buy up trend ,oversold symbols and sell down trend ,overbought pairs. When these opportunities exist an arrow will be displayed in the Opportunity column informing you that it may be good trades.

Alerts/Mobile Notifications/Emails will be given when trading opportunities first appear.


Multi Time Frame Analytics

Bottom Left Corner

Applies the same principles as the Multi Currency Analytics on the selected pair in order for you to gain more information as to how it is performing in bigger or smaller time frames.


Settings

Running all the tools together or too many symbols will require a lot of CPU Power

  • UseToolName: Set True or False to indicate if the specified tool is to be used.
  • Currencies Used: The number of Base Currencies used for Current and Moving Strength
  • Currency#: The name of Base Currency at position #
  • terminalsuffix: If the broker has a suffix in the names of instruments type it here. Eg type micro if name is EURUSDmicro
  • terminalprefix: If the broker has a prefix in the names of instruments type it here. Eg type ecn if name is ecnEURUSD
  • minutes_update: Specify how often in minutes the calculations to be performed. Useful for less strong machines
  • EnableAlerts: Set True to receive alerts
  • EmailAlerts: Set True to receive email alerts
  • MobileAlerts: Set True to receive push notifications on your phone
  • ToolName_Timeframe: Which timeframe the selected tool runs under
  • ToolName_Window: Selected tool gets plotted on top or bottom window
  • ToolName_XLocation: Tool's distance from left
  • ToolName_YLocation: Tool's distance from right
  • Look_Back_Period: How many past periods (candles) the Moving Strength calculations to be performed
  • Pairs_Used: How many pairs analyzed
  • Pair#: Pair analyzed at location#
  • Alert_Pair / Alert_TimeFrame: Set true for the specific Pair or TimeFrame to be producing alerts.
Reviews 1
Folasade Aluko
324
Folasade Aluko 2016.07.02 01:31 
 

Another thoughtful all-in-one piece from Michalis. Very helpful in making trade decisions. Take in all data supplied by this indicator at a glance, trade intelligently...that's a five star performance! Hahaha

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*****NON REPAINT ***** Trade With Sam Guide :  https://www.dropbox.com/s/aqx1tce1e48u97z/Trade%20With%20SAm%20Guide.pdf?dl=0 Try Out and see the Difference The Sam's Trend Blaster indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. This is an arrow indicator that shows precise price reversals. A great arsenal to add to any
98 USD
TrendfollowerSR
Paul Reymkhe
                     B ULL B EAR I NNOVATION                ⚜️ Technology To Success ⚜️   Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if a certain trend has just begun ,
110 USD
Supply and Demand Dashboard PRO
Bernhard Schweigert
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  This DASHBOARD is a very powerful piece of software working on multiple symbols and up to 9 timeframes. It is based on our main indicator (Best reviews:  Advanced Supply Demand ). The new DASHBOARD gives a great overview. It shows: filtered Supply and Demand values including zone strength rating, pips distances to/and within zones, it highlights nested zones, it gives 4 kind of alerts for the chosen symbols in all (9) time-frames. It is highly configurable for your p
199 USD
Ultimate Double Top Bottom Reversal Scanner
FXsolutions
This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig
119 USD
Monster Harmonic Indicator
Paul Geirnaerdt
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
99 USD
MonkMackindicator
Abbas Narimousaei
best indicator and profitable   with scalp strateji and  Ternd  very best  . You can get more information about our products in our store. There are you’ll find the description of each advisor, history statements, youtube videos, screenshots, profit and drawdown statistics. We cited real screenshots from the strategy tester and other special software, from which you can see the profit, the number of successful deals, possible losses and other.
3 000 USD
SL Currency Strength Meter 28 Pair
Chalin Saranga Jayathilake
SL Currency strength meter pro28  check one time This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency This indicator allows you to analyze the hidden trends and correlations between the 8 most traded currencies via unique strength meter which creates multiple charts in a single window based on the price action of each currency in relation to all other currencies. The indicator also includes interactive panel where you can see the
63 USD
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Folasade Aluko
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Folasade Aluko 2016.07.02 01:31 
 

Another thoughtful all-in-one piece from Michalis. Very helpful in making trade decisions. Take in all data supplied by this indicator at a glance, trade intelligently...that's a five star performance! Hahaha

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