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Power Trend Free

5

Power Trend Free - the indicator shows the trend strength in the selected period.


Input Parameters

The indicator has three input parameters:

  1. Period - a positive number greater than one, it shows the number of candlesticks used for calculations. If you enter one or zero, there will be no error, but the indicator will not be drawn.
  2. Applied Price - the standard "Apply to:" set meaning data used for the indicator calculation:
    • Close - Close prices;
    • Open - Open prices;
    • High - High prices;
    • Low - Low prices;
    • Median Price (HL/2) - average of high and low prices, (high+low)/2;
    • Typical Price (HLC/3) - average of high, low and close prices, (high+low+close)/3;
    • Weighted Close (HLCC/4) - average of high, low and double value close prices, (high+low+close+close)/4.
  3. Shift - shift or offset.


Indicator lines

The indicator is drawn as three lines:

  1. Bull - to the current value selected in the Applied Price field, a sum of all positive differences between the current and the previous value within the selected period is added.
  2. Bear - to the current value selected in the Applied Price field, a sum of all negative differences between the current and the previous value within the selected period is added.
  3. Sum - to the current value selected in the Applied Price field, a sum of all differences between the current and the previous value within the selected period is added.


Differences from the Paid Version

This is a free version. The paid version Power Trend Paid includes the following options:

  • optional drawing of a line of the values used for indicator calculation;
  • an extended set of Applied Price values;
  • a separate offset setting for each line.
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The difference between the arithmetic and geometric means at the specified range. Since the greater is the difference between the values, the greater the resulting figure is, actually the indicator shows volatility fluctuations. The arithmetic mean of a certain number of values ​​is the sum of the values ​​divided by their number. The geometric mean is the root of the power of the number of values ​​extracted from the product of these values. If all values ​​are equal, the arithmetic mean and th
FREE
Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Main Window Free MT5 , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the main chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window F
FREE
Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Separate Window Free MT5 , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the separate chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate
FREE
Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Main Window Free , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the main chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Free
FREE
Not everyone can write an indicator. But anyone can have an idea. The indicator Universal Separate Window Free , which takes as an input parameter the formula by which the indicator line will be drawn, will help to implement it. This indicator is intended for use in the separate chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Wind
FREE
Power Trend
Yurij Kozhevnikov
Power Trend Paid - the indicator shows the trend strength in the selected period. Input Parameters The indicator has the following input parameters: Main Line - an optional function for drawing a line on the values used for indicator calculation (not available in the free version ). Period - a positive number greater than one, it shows the number of candlesticks used for calculations. If you enter one or zero, there will be no error, but the indicator will not be drawn. Applied Price - an exte
30 USD
Delta AG
Yurij Kozhevnikov
The difference between the arithmetic and geometric means at the specified range. Since the greater is the difference between the values, the greater the resulting figure is, actually the indicator shows volatility fluctuations. The arithmetic mean of a certain number of values ​​is the sum of the values ​​divided by their number. The geometric mean is the root of the power of the number of values ​​extracted from the product of these values. If all values ​​are equal, the arithmetic mean and th
30 USD
The indicator Universal Main Window works according to your rules. It is sufficient to introduce a formula, along which the line of the indicator will be drawn. This indicator is intended for use in the main chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Free MT5 Full MT4 Universal Main Window MT5 Universal Main Window MT
30 USD
The indicator Universal Separate Window works according to your rules. It is sufficient to introduce a formula, along which the line of the indicator will be drawn. This indicator is intended for use in the separate chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Free MT5 Full MT4 Universal Main Window MT5 Universal Main W
30 USD
The indicator Universal Main Window MT5 works according to your rules. It is sufficient to introduce a formula, along which the line of the indicator will be drawn. This indicator is intended for use in the main chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Free MT5 Full MT4 Universal Main Window MT5 Universal Main Windo
30 USD
The indicator Universal Separate Window MT5 works according to your rules. It is sufficient to introduce a formula, along which the line of the indicator will be drawn. This indicator is intended for use in the separate chart window. All indicators of the series Universal : Main window Separate window Free MT4 Universal Main Window Free MT5 Universal Main Window Free MT5 MT4 Universal Separate Window Free MT5 Universal Separate Window Free MT5 Full MT4 Universal Main Window MT5 Universal Ma
30 USD
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Maksym Mudrakov
27243
Maksym Mudrakov 2016.08.31 15:36 
 

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Mohammed Abdulwadud Soubra
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Mohammed Abdulwadud Soubra 2016.05.09 03:57 
 

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Version 1.2 2021.12.02
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