Trend Power

4.43

A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal.

The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend.

Thus, you will never miss a good movement. By placing the indicator on a chart of one currency pair, you will be monitoring the trend of all 28 instruments.


The Indicator Features:

  1. Very convenient window for displaying the current currency strength (real time). This window can be minimized and moved by the mouse to any location on the chart.
  2. The current direction of the currency pair trend can always be seen in the top right corner.
  3. It is possible to disable the signal on the currency pairs that you do not trade.
  4. Recognizes non-standard symbol names (with prefixes of suffixes).
  5. It sends emails and push-notifications to mobile devices.

You can test the functionality of the program by downloading the test version from the Comments tab


How to interpret the currency strength readings:

(here is an example of a currency strength for a bullish trend, for bearish - the value will be negative)

  • 0-2 – currency in a sideways movement (flat)
  • 3-4 – currency in a good trend movement, optimal for trading
  • 5-6 – very strong trend, possible correction

The greater the difference between the two currencies, the stronger the trend of the currency pair that includes these currencies.


Usage example:

  1. Signal of intersection of the strength lines of two currencies - a signal of trend change. It allows to take a large portion of the trend, but false entries are possible when the market is in a flat or when it has rapid price fluctuations. It is recommended to wait for the rollback for confirmation.
  2. By current readings of the strength, without using a signal (more reliable method). In the current strength window find the strongest currency (the greatest positive value of the trend strength) and the weakest currency (the greatest negative value of the trend strength). As a rule, the instrument including these currencies is in a very strong trend. It is necessary to wait for the correction to enter.

Please note!

The indicator signals should not be directly used for market entries!

As a rule, a strong trend will have already developed by the time a signal appears, therefore it is necessary to wait for the rollback and enter the market at the current or smaller timeframe based on the data from the other indicators, for example, the "Trend Monitor" indicator.


Parameters:

  • Counting bars – number of bars for history calculation
  • Symbol Prefix – the prefix for non-standard symbol name of the currency pair
  • Symbol Suffix – suffix
  • Color of UP-trend signal – arrow color of a bullish trend
  • Color of DOWN-trend signal – arrow color of a bearish trend
  • Size of Signal's Arrows (0 - disable) – size of the arrows, signaling the trend change (if =0 - not displayed)
  • Size of the Arrow of the trend's direction (0 - disable) – size of the trend direction arrow in the top right corner (if =0 - not displayed)
  • Color EUR, Color GBP, Color AUD, Color NZD, Color CAD, Color CHF, Color JPY,Color USD – colors of the strength lines of the 8 currencies in the indicator subwindow
  • ON/OFF – Sound when the signal – enable sound alerts
  • Sound of formation of the trend – trend change signal sound
  • ON/OFF - Alert / Mail / Push – messages in the terminal when a trend changes / E-mail / mobile devices

It is important to have complete historical data on 28 currency pairs, otherwise the indicator readings will be incorrect!

The indicator is able to download the historical data on its own. But it takes considerable time (up to 3 minutes, depending on the download speed). Therefore, to improve the indicator operation speed and to correctly display the data, it is recommended to run the free script «Download Quotes» before the first launch of the indicator, which automatically connects the instruments to the MarketWatch window of the terminal and downloads the historical data on 28 currency pairs for all timeframes.

This procedure needs to be done only once before the first launch of the indicator.

Reviews 7
Fxpro Trader Technical
1141
Fxpro Trader Technical 2022.03.16 16:53 
 

I bought this indicator 5-6 years ago, and seller still updating and improved until today, very happy and please, superb and greatly appreciated. Thank you

Jerzy Zagorski
957
Jerzy Zagorski 2017.07.28 10:12 
 

Works well, good price

Aravind Kolanupaka
10179
Aravind Kolanupaka 2016.12.29 04:58 
 

Good indicator with currency cross over alerts.

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Gold Signal Pro XAUUSD with Auto TP SL
Genki Andou
5 (1)
Indicators
KURAMA GOLD SIGNAL PRO (MT4) — Complete XAUUSD Trading System with 7-Layer Filter, Auto TP/SL, and Quality Scoring NON-REPAINTING. NON-REDRAWING. NON-LAGGING. Every signal is permanent. What you see is what you get. BONUS: Buy the lifetime license and receive AI Zone Radar ($59 value) + full PDF manual FREE. Message me after purchase. AI Zone Radar: https://www.mql5.com/en/market/product/175834 TRUSTED BY TRADERS: Already used by an active community of Gold traders. Praised for accuracy and
Self Optimizing Double MA Strategy MT4
Davit Beridze
Indicators
Contact me after purchase to get Bonus EA based on this indicator. The Self Optimizing Double MA Strategy is a professional-grade trading tool designed to eliminate parameter guesswork. Powered by a built-in auto-optimization engine, it continuously adapts to shifting market conditions by simulating thousands of parameter combinations in the background to maintain a statistical edge. Instead of relying on static, outdated settings, the indicator dynamically updates its own logic to find the mos
Gold Scalper Super
Aleksandr Makarov
5 (2)
Indicators
Gold Scalper Super is an easy-to-use trading system. The indicator can be used as a standalone scalping system on the M1 time frame, as well as part of your existing trading system. Bonus: when purchasing an indicator, Trend Arrow Super is provided free of charge, write to us after purchase. The indicator 100% does not repaint!!! If a signal appears, it does not disappear! Unlike indicators with redrawing, which lead to the loss of a deposit, because they can show a signal and then remove it.
Advanced Currency Strength28 Indicator
Bernhard Schweigert
4.91 (657)
Indicators
Trading Special –40% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a
Cyclic Impulse
Vitalyi Belyh
Indicators
Technical indicator that structures charts and identifies cyclical price movements. Can work on any charts. Several types of alerts. There are additional arrows on the chart itself. Without redrawing on history, works on closing a candle. Recommended TF from M5 and higher. Easy to use and configure parameters. When using 2 indicators with different parameters, you can use without other indicators. Has 2 input parameters Cyclicality and Signal duration These 2 parameters work with the processin
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Resistance and Support Zones MTF for MT5
Pavel Zamoshnikov
5 (5)
Indicators
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong positi
Legacy of Gann
Pavel Zamoshnikov
4.83 (12)
Indicators
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
HMA Color with Alerts MT5
Pavel Zamoshnikov
4.75 (57)
Indicators
Hull Moving Average (HMA) is well-deservedly popular among traders because of the effective averaging of market noise and a relatively small delay. The current MetaTrader 5 version changes its color when the movement direction changes. Sound and text signals are available. It also supports sending email and push messages. It is possible to trigger a signal on the current incomplete bar, although such a signal may be canceled before completion if conditions are no longer appropriate. One of the p
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Pattern 1 2 3
Pavel Zamoshnikov
4.5 (24)
Indicators
The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
Pattern 1 2 3 MT5
Pavel Zamoshnikov
4.38 (8)
Indicators
The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
HMA Trend
Pavel Zamoshnikov
4.55 (71)
Indicators
A trend indicator based on the Hull Moving Average (HMA) with two periods. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Combination of two types of Hull Moving Averages makes a better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. Features The movement d
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Double HMA MTF for MT4
Pavel Zamoshnikov
4.2 (5)
Indicators
This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA). Features Graphical panel with HMA indicator data from all timeframes at the same time . If the HMA has switched its direction on any timeframe, a question mark or exclamation mark is displayed on the panel, accompanied by a text and audio message. The messages can be configured separately for each timeframe using the corresponding checkboxes. The indicator is located in a separate window, so as not to overload
HMA Trend Professional MT5
Pavel Zamoshnikov
4.25 (4)
Indicators
Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyzi
Candle Pattern Dashboard for MT5
Pavel Zamoshnikov
4.2 (5)
Indicators
This is advanced Multi-Symbol and Multi-Timeframe version of the "Candle Pattern Finder" indicator (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). The indicator searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard timeframes from M1 to MN1. When patterns appear on any symbol / timeframe, the indicator gives a signal (text, sound, sending
Legacy of Gann for MT5
Pavel Zamoshnikov
5 (5)
Indicators
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Candle Pattern Finder MT5
Pavel Zamoshnikov
4.2 (5)
Indicators
This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris. If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 4 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT4 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer
Double HMA lines MTF
Pavel Zamoshnikov
5 (1)
Indicators
This is a multi-timeframe version of the popular Hull Moving Average (HMA). The Double HMA MTF Light indicator combines two timeframes on a single chart. The HMA of the higher timeframe defines the trend, and the HMA of the current timeframe defines short-term price movements. The indicator is freely distributed and hasn't audio signals or messages. Its main function is the visualization of price movements. If you need advanced functionality of the HMA multi-timeframe indicator (information ab
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Double HMA MTF for MT5
Pavel Zamoshnikov
4 (4)
Indicators
This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA) Features Two lines of the Hull indicator of different timeframes on the same chart. The HMA line of the higher timeframe defines the trend, and the HMA line of the current timeframe defines the short-term price movements. A graphical panel with HMA indicator data from all timeframes at the same time . If the HMA switched its direction on any timeframe, the panel displays a question or exclamation mark with a tex
Trend Monitor MT5
Pavel Zamoshnikov
4.5 (2)
Indicators
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator gen
MACDivergence MTF MT5
Pavel Zamoshnikov
4 (5)
Indicators
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
Three Stochastics
Pavel Zamoshnikov
3.7 (10)
Indicators
This indicator signals about crossing of the main and the signal lines of stochastic (lower stochastic) in the trend direction which is determined by two stochastics of higher time frames (higher stochastics). It is not a secret that stochastic generates accurate signals in a flat market and a lot of false signals in a protracted trend. A combination of two stochastics of higher time frames performs a good filtration of false signals and shows the main tendency. The indicator is recommended for
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CSV2Chart
Pavel Zamoshnikov
5 (3)
Utilities
The script visually displays deals from CSV format reports on MT4 terminal charts. It automatically recognizes popular formats: MQL5.com Trading Signals for MT4 / MT5 platforms MyFXBook service Copy the report file to the <Data Folder>\MQL4\Files folder and run the script on any chart. The script analyzes the CSV file, automatically creates new charts for all instruments that are found in the report, and draws the deals of each instrument on a separate chart. The script additionally calculates a
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Alarm Clock MT4
Pavel Zamoshnikov
3.67 (3)
Utilities
Alarm Clock generates sound signal at the prescribed time. Time is set by a vertical line on the chart. Just shift this line on the chart to the future. After you set the line at the desired time, you can do whatever you want with the chart, like change a timeframe and a symbol - the alarm clock will generate a signal at the prescribed time anyway. If you accidentally remove the line, the indicator will restore it at the prescribed time. You can attach the indicator to different charts and set d
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Information Panel
Pavel Zamoshnikov
5 (4)
Utilities
The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information.  To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you have les
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Download Quotes
Pavel Zamoshnikov
5 (2)
Utilities
The script automatically downloads historical data for all instruments from the "Market Watch" window, on all timeframes from M1 to MN1. It is recommended to use the script before launching multi-symbol and multi-timeframe indicators that work simultaneously with many instruments. Features: To download quotes, the script uses the MQL API only. This is a necessary requirement for publishing programs on the MQL-Market. This method is fast enough, but effective in not all cases. A more reliable (bu
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Trend Monitor
Pavel Zamoshnikov
4 (4)
Indicators
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features Easy to use. Filter configuration only requires selection of sensitivity in the " Sensitivity of the indicator " input. Signals can be filtered using
Candle Pattern Finder
Pavel Zamoshnikov
5 (10)
Indicators
The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con
Stochastic Ichimoku
Pavel Zamoshnikov
4.43 (7)
Indicators
This indicator signals about Stochastic crossing in the trend direction which is determined by the position of the price relative to the Ichimoku cloud. Features: Flexible settings: filtering signals by bullish/bearish bars ( parameter "BUY - the bullish bar only; SELL - the bear bar only" ); setting levels of Stochastic crossing ( parameters "BUY-signal if Stochastic below this level" and "BUY-signal if Stochastic below this level" ) ability to use the Ichimoku cloud of higher timeframes ( par
MACDivergence MTF
Pavel Zamoshnikov
4.29 (7)
Indicators
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (three methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and v
Double Parabolic MTF Histo
Pavel Zamoshnikov
5 (3)
Indicators
Parabolic SAR is one of the most popular indicators allowing you to determine in a timely manner the trend reversal, get an early entry point and accurately define the place of profit taking. Parabolic SAR is very efficient in case of a trendy market but often gives false signals during a flat. In order to sort such signals out, it is possible to use the same indicator on higher timeframes. This eliminates the main drawback of the indicator during a flat, while retaining its advantage of early e
HMA Trend Professional MT4
Pavel Zamoshnikov
4.57 (7)
Indicators
Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyzi
Resistance and Support Zones MTF for MT4
Pavel Zamoshnikov
4.67 (9)
Indicators
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong positi
Market Calculator for MT4
Pavel Zamoshnikov
Indicators
Market Calculator is a powerful tool that allows you to easily and quickly calculate the main parameters of a trade: Lot size, StopLoss and TakeProfit, as well as estimate the amount of funds (required Margin) to open a position. The program has a very convenient and intuitive control, because implemented in OS Windows style. There are many interesting and handy features - just watch the video: youtu.be/FG2qqTJTIhE All program data are sorted into sections in the form of tabs: " Lot Calculator "
Candle Pattern Dashboard for MT4
Pavel Zamoshnikov
5 (4)
Experts
This is advanced Multi-Symbol and Multi-Timeframe version of the " Candle Pattern Finder " program (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). This version is implemented as an Expert Advisor-assistant to reduce the load on the terminal. The EA does not trade on its own. The program searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard
Spread Monitor MT4
Pavel Zamoshnikov
Indicators
The "Spread Monitor" indicator allows you to analyze the spread change during the day, control the expansion of the spread by your broker and has a number of interesting additional features Choosing a broker with a minimum spread value is very important for the work of night advisors, scalping and intraday trading. However, the MT4 terminal does not store spread data, so the multifunctional "Spread Monitor" indicator will be useful for any intraday trader. Features: The indicator shows the curr
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271811
199
271811 2023.03.21 04:37 
 

I change my position on this indicator...its actually quite good when you learn how to use it properly

Fxpro Trader Technical
1141
Fxpro Trader Technical 2022.03.16 16:53 
 

I bought this indicator 5-6 years ago, and seller still updating and improved until today, very happy and please, superb and greatly appreciated. Thank you

Pavel Zamoshnikov
154683
Reply from developer Pavel Zamoshnikov 2022.03.16 20:51
Thank you!
Tim Eubanks
5763
Tim Eubanks 2018.02.23 08:40 
 

This indicator uses too much cpu, and the signals are not so good.

Shumin Huang
219
Shumin Huang 2018.01.14 10:37 
 

User didn't leave any comment to the rating

Ilya Krasheninnikov
373
Ilya Krasheninnikov 2017.10.11 14:27 
 

User didn't leave any comment to the rating

Jerzy Zagorski
957
Jerzy Zagorski 2017.07.28 10:12 
 

Works well, good price

Aravind Kolanupaka
10179
Aravind Kolanupaka 2016.12.29 04:58 
 

Good indicator with currency cross over alerts.

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