Price Power MT4
- Indicators
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Mohamed Amr Mohamed Osama Abdelwahab
Software Developer, Instructor, and Technical Team Leader with over 22 years of experience across desktop, web, and financial software development. Top Rated freelancer on Upwork with 200+ completed projects, $200K+ delivered, and a 100% job success record. Specialized in algorithmic trading systems - Version: 3.0
- Activations: 5
**Price Power — Buy vs Sell Power from Price Position**
Price Power measures, at a glance, how much room price has above and below the current level. It counts how many of the last candles sit above the current price (buy power) and how many sit below it (sell power), and shows both as numbers and as lines on your chart.
When far more candles are above price than below, there is more room and pressure to the downside; when far more are below, the bias is to the upside. The panel gives you the two values and a clear Buy / Sell / Wait reading.
**What it shows:**
- Buy value = number of recent candles above the current price
- Sell value = number of recent candles below the current price
- A line drawn to every counted candle, in one of two styles you choose
- A panel: product name, lookback count, Buy, Sell, and the Signal state
**Two drawing styles (your choice):**
- Horizontal levels — a line at each candle's price level
- Rays — lines converging from each candle to the current price point
**Signal and alerts:**
- A signal is given when one side is more than double the other and above a threshold
- An arrow is drawn on the chart when a signal appears
- Popup and optional mobile push alert on a new signal
**Inputs:**
- LastXvalues — how many candles to measure over
- horizontal_lines — true for level lines, false for converging rays
- showVisual — draw the lines on or off
- Buy_Color, Sell_Color — line and value colours
- x, y — panel position
- Signal ratio, signal threshold, arrows on/off, popup on/off, push on/off, and more
Works on any symbol and timeframe. No DLLs, no internet, and it never places, modifies, or closes orders.
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## WHAT'S NEW (version update notes — English)
Version 3.0 — major upgrade:
- Added a clear Buy / Sell / WAIT signal based on the original rule (one side more than double the other and above a threshold)
- Added on-chart signal arrows
- Added popup and push alerts on a new signal
- Both drawing styles kept: horizontal levels and converging rays
- Kept the original inputs (LastXvalues, horizontal_lines, showVisual, colours, x, y) so your saved settings still work
- Added options: high/low or close basis, line width, max-lines limit, and panel font size
*Please contact me after purchase for your gift
