Market / MetaTrader 4 / Indicators /

Power Average

FREE

Published: 21 August 2018

Current version: 1.0

Power Average

4.25

This Indicator is a affordable trading tool because with the help of Popular Developers & Support of M Q L Platform I have programmed this strategy. I tried to combine logic of Moving Averages, Parabolic Stop And Reverse, Trend Strength, Oversold, Overbought. Furthermore, I have also care about Support Resistance that Trader can easily get in touch with market by selecting one indicator only.

What is in for Trader?

Trading Modes: This selection is for activate whole strategy "Power Average"
Special MA: This will active the price movement which I am calling Power Average. 5 Types have added Quick 10 Period, Fast 20 Period, Medium 50 Period, Slow 100 Period, Slowest 200 period
Reversal Mode: This will indicate trader the reversals activation, Reason for this function, if we are in positive position and active in profit so if reversal activate then we must have to close or other plans to move out, whenever reversals are not normal
Buy & Sell Strength: This indicate the strengths, I used A D X function with buy sell power (Trader may choose his/her own periods)
Over Zones: This indicate Oversold & Overbought Zones, I used R S I & C C I
Support Resistance Pivot: Trader can find here 3 ways to watch P S R Daily, Weekly and Monthly to Analyze better opportunity
Font Name & Size: Trader can change Name & size, Default font name is Cambria and size is 8
Color Change: Trader can change all colors which he/she likes
Alerts: Trader can active screen, mobile & email alerts.

After all description, I like to say that this all settings are part of good trade, If any trader don't want to use any one of them please deactivate that option in settings

Finally, we all knows that Forex Trading needs completely concentrate & proper cash management, So I never promising that my program is never give you loss but I tried perfection. Wish You Best Of Luck - Good Day :)

more...

726

trick 86 2022.10.20 18:26 #

thank you! much love for this!

374

EllyMaus 2021.02.20 13:18 #

Thank you very much, it's a pleasure to work with it.

Mohammed Motradi 2025.07.31 02:01 #

Danke, diese Indikator scheint gutzuarbeiten, aber Anleitung fehlt, die Beschreibung von Bilder kann ich nicht lesen.

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Function Indicate Buy Sell Signals Indicate Strength of Buy Sell Signals This system is for both type of traders (Short & Long Term) Instead of Other Calculations, Parabolic Sar & Awesome are also used In Any time frame this can be use. What is in for Trader? Trading Switch: Short Term & Long Term Finally, we all knows that Forex Trading needs completely concentrate & proper cash management, So I never promising that my program will never give you loss but I tried well to provide good and respo

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As per name Candles Talk, This Indicator is a affordable trading tool because with the help of Popular Developers & Support of M Q L Platform I have programmed this strategy. I tried to input history of candles with average Calculation regarding High, Low, Last High, Last Low with Moving averages. Furthermore, I have also taken help of Moving average So Trader can easily get in touch with market in another way also. What is in for Trader? Arrows: Buy Sell Indications (Candles High

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SUPPORT RESISTANCE Function: Trader will find rejections, Movements & Easily understand to take positions Time Frames: 1 Hour, 4 Hours, Daily Types: Standard, Woodie, Fibonacci Font size & Name: Any Colours: Default black, Trader will find their own Finally this is very important to understand what is indicator. Indicator is just use for indicate not confirmation therefore, experienced traders always guide that do proper cash management & trade wisely. Good Day, Best of Luck :)

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Filter:

Mohammed Motradi 2025.07.31 02:01 #

Danke, diese Indikator scheint gutzuarbeiten, aber Anleitung fehlt, die Beschreibung von Bilder kann ich nicht lesen.

ylvinceng 2023.11.03 20:17 #

Possible to get more explanations on how to use this indicator and input for settings ?

726

trick 86 2022.10.20 18:26 #

thank you! much love for this!

3471

John Winsome Munar 2022.06.14 10:05 #

User didn't leave any comment to the rating

461

andrei150 2021.09.24 17:05 #

Не отображается на графике ...

171

Senzo Mbatha 2021.08.20 22:04 #

Nice work good

824

adnanadnan 2021.05.30 13:13 #

deleted

1144

topline8000 2021.05.05 02:46 #

doesn't recognize my pair (usdjpy i)

374

EllyMaus 2021.02.20 13:18 #

Thank you very much, it's a pleasure to work with it.

4145

Valentin Butorin 2020.10.03 13:56 #

User didn't leave any comment to the rating

185

fate asadi 2020.03.14 15:06 #

User didn't leave any comment to the rating

10159

Aravind Kolanupaka 2019.09.24 07:13 #

User didn't leave any comment to the rating

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sunnychow 2019.03.17 17:27 #

User didn't leave any comment to the rating