PipFinite Strength Meter MT5

5
  • Indicators
  • Karlo Wilson Vendiola
    Karlo Wilson Vendiola

    Karlo Wilson Vendiola

    4.8 (4388)
                              
                                     Ꝏ PipFinite
    40 products
  • Version: 10.0
  • Updated: 2 June 2025
  • Activations: 5

How To Determine If The Market is Strong Or Weak?

Strength Meter uses an Adaptive Algorithm That Detect Price Action Strength In 4 Important Levels!

This powerful filter gives you the ability to determine setups with the best probability.


Features

  • Universal compatibility to different trading systems
  • Advance analysis categorized in 4 levels
    • Level 1 (Weak) - Indicates us to WAIT. This will help avoid false moves
      • Weak Bullish - Early signs bullish pressure
      • Weak Bearish - Early signs bearish pressure
    • Level 2 (Moderate) - We can look to enter trades with confirmation
      • Moderate Bullish - Evident sign of bullish pressure
      • Moderate Bearish - Evident sign of bearish pressure
    • Level 3 (Strong) - Stronger direction. We can look to enter trades with less confirmation
      • Strong Bullish - Higher probability and confirmed bullish pressure
      • Strong Bearish - Higher probability and confirmed bearish pressure
    • Level 4 (Impulsive/Exhaustive) - Take CAUTION, it required further analysis since price can go either way
      • Impulsive/Exhaustive Bullish - Extremely bullish. Can indicate 2 scenarios
        • Strong bullish breakout. A sign of a strong uptrend. Recommended to ENTER buy/long positions
        • Climactic move in uptrend, a sign of bearish reversal. Recommended to EXIT long/buy positions
      • Impulsive/Exhaustive Bearish - Extremely bearish. Can indicate 2 scenarios
        • Strong bearish breakout . A sign of strong downtrend. Recommended to ENTER sell/short positions
        • Climactic move in downtrend, a sign of bullish reversal. Recommended to EXIT sell/short positions
  • Strength Filter - Ideally used to confirm your trade setups
    • Bullish & Bearish Level 1 - Avoid any signal from your system
    • Bullish Level 2 & 3 - Only look for buy setups on your system
    • Bearish Level 2 & 3 - Only look for sell setups on your system
    • Bullish & Bearish Level 4 - Analyze which direction the market may go
  • Never repaints
  • Never backpaints
  • Never recalculates
  • Calculation fixed at "Close of the bar"
  • Works in ALL pairs & Timeframes
  • Compatible with Expert Advisor development


Video References

Please Watch in High-Definition to further understand


Reviews 2
Pucio777
60
Pucio777 2025.01.22 15:13 
 

I am satisfied with it. It is a great support for other indicators.

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Pucio777
60
Pucio777 2025.01.22 15:13 
 

I am satisfied with it. It is a great support for other indicators.

darlancf
34
darlancf 2018.02.09 04:29 
 

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