Thanks for answering quickly

One suggestion you can add an option VERY COMPACT MODE to show only the pair that is on the chart i.e. EURUSD only

It will be easier to compare that values

Best regards

Hi,

The power index must be analyzed and summaried from multi-currencies. I think current compact mode is enough. I don't understand how to show only one pair for that purpose.

Regards

Kevin

I was trying this product on demo account on intraday operation using the H4 indicator. It is very powerfull.

I found until now that the sooner you get the signal, the better (for intraday operations). I tried on D1 timesframes or more, its late, the market changed already. Even i think they are useless.

I  have some suggestions, may be you can do an update o even another PRO version, if i need to pay more i will do it.

1) add more lower timeframes  o an especial ("realtime") time frame, that shows the power of a currency as soon as posible

2) add and histogram below the chart (like others indicators as MACD, etc) to see previous values of a currency (for me last 24 hours values are enough)

for example: lets see now i open the MT4: two hours before the power was "extreme strong" and now when you open the MT4 is "strong", that means the power is decreasing instead of increasing. Now there is no way to know it.

With a histogram one can see visually the power of this currency is decreasing and i can focus on sells.

3) the alerts are very usefull but noisy and sometimes confusing, there must be a way to improve it.

Best regards

Hi,

For intraday strategy, H4 timeframe is suitable. D1 to MN timeframe is for longer-term, who use "intraweek" or "intramonth" strategy, not useless as you said.

For your suggestions, I have some comments as follows:

1) Yes, your idea is right, it's possible to add more lower timeframe. I will try to upgrade it in next version.

2) Histogram chart (if possible) should be in another version since it must base on candlesticks while the current version is graphic based. I will think about it.

3) At current version, if the alert annoy you, you can turn it off. However, I will try to optimize the alert by allowing to filter out which levels will be alerted.

Best regards

Kevin

Hi Hani,

This indicator real-time reports about the price change, thus power index, of pairs/currencies. So, its index value must change accordingly to the change of market, of course.

This indicator only show the power index of currencies, not the exact SL and TP point. You have to decide it and even trade or not.

Regards

Kevin

Hi Hani,

You cannot try (demo) for indicators on MQL5 because there is no way to set limitation for it.

Regards

Kevin

Can You explain me something like this above?  3 minutes ago, no special price movement or something like this

..... No players on the market :-)???

Thanks. MarcinFX

Hi Kevin,

Could you please explain the meaning of the first two rows of the panel?

What does it mean JPY v.s. USD: +1.01% ?

Same for USDJPY price: -1.00%

BTW, this indicator is excellent! I will give a review later.

cheers

Hi,

"JPY v.s USD: +1.01%" means the value of JPY currency is being increased 1.01% compared with the value of USD currency from last close of previous timeframe.

"USDJPY price: -1.00%" means the price of USDJPY is being reduced -1.00% from last close of previous timeframe.

Thank you, your review will be very appreciated :).

Regards

Kevin

Hi Kevin,

How do I install this indicator on another MT4 on my second PC?

Cheers

Vinh

Hi Kevin,

Would it be feasible to implement the below?

Basically, the idea is to highlight the strongest and the weakest currencies for convenience.

Another question is whether how to read the power values via iCustom function?

Cheers,

Vinh

Hi Vinh,

In order to install it on another PC, just go to MT4's Main menu -> Tools -> Options -> Community -> Login to your MQL5 account. Then, go back to MT4 -> Terminal window -> Market tab -> Purchased sub tab -> You will see the indicator there -> Install it.

Regards

Kevin

Hi Kevin,

Is there any limitation in terms of installation?

Cheers.

Vinh

Hi Vinh,

Each license allow you to install on 5 different PCs/Servers.

Regards

Kevin

Great!

Some questions:

Currently, when clicking on a box of a currency, it prompts a question dialog for opening a chart of this currency.

- Could it be feasible to have addition selection in terms of time frame, i.e. M15, H1, H4, etc...?

- Can the chart be opened with a pre-defined template?

- Can the chart be opened as a de-attached window? Or even better open it on a target MT4 running on the same laptop?

  Like this I can always have the currency power dashboard in front of me :-)

Cheers,

Vinh