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Power Trend Free

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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Stochastic Global
Igor Semyonov
Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
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PipFinite Exit EDGE
Karlo Wilson Vendiola
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart ► www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
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Trend Screener
Sayadi Achraf
⭐️   ⭐️   ⭐️     ⭐️   Trend Screener EA is available for Free to our customers who   Trend Screener Pro version ⭐️⭐️⭐️   ⭐️ Trend Screener EA =>      https://www.mql5.com/en/market/product/59696 Trend Screener EA   is an Expert Advisor designed specifically to trade as multi-currencies and multi-timeframe EA. The operation is based on opening orders using the Trend Screener   indicator, this the EA works according to the "Trend Follow" strategy, which means following the trend and trading
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Mohammed Abdulwadud Soubra
34947
Mohammed Abdulwadud Soubra 2016.05.09 03:57 
 

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Maksym Mudrakov
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Maksym Mudrakov 2016.08.31 15:36 
 

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