The indicator Power Strength creates a virtual display that takes data from all Symbols. It extrapolates all the informations in order to get the strength and / or weakness to take a decision on market.
This tool works only on the Forex Market and not processing data on indices, metals …
It is graphically very attractive and its simplified information could give excellent input signals.
You can use this indicator to find inputs on daily or short-term operations or scalping.
Input Values
- PANEL SETUP
- SortPercentages = on/off – to move rectangle in Descendent order
- Enable_M1 = on/off – to include M1 in calculations
- Enable_M5 = on/off – to include M5 in calculations
- Enable_M15 = on/off – to include M15 in calculations
- Enable_M30 = on/off – to include M30 in calculations
- Enable_H1 = on/off – to include H1 in calculations
- Enable_H4 = on/off – to include H4in calculations
- Enable_D1 = on/off – to include D1 in calculations
- Enable_W1 = on/off – to include W1 in calculations
- Enable_MN1 = on/off – to include MN1 in calculations
- COLORS AND POSITION SETTINGS
- Long_color = on/off – Long Signal color
- Short_color = on/off – Short Signal color
- PercentageColor = on/off – Text Color
- VLineColor = on/off – Vertical Line Color
- X and Y = on/off – to move objects
- ALERT SETTINGS
- Alert when Perc > of
- Alert_Enable (true/false)
- SYMBOLS/CURRENCY SETUP
- 8 Currencies (set NULL to not show)
- 28 Symbols (set NULL to not count in Statistic)
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