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Trend Power

4.43

A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal.

The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend.

Thus, you will never miss a good movement. By placing the indicator on a chart of one currency pair, you will be monitoring the trend of all 28 instruments.


The Indicator Features:

  1. Very convenient window for displaying the current currency strength (real time). This window can be minimized and moved by the mouse to any location on the chart.
  2. The current direction of the currency pair trend can always be seen in the top right corner.
  3. It is possible to disable the signal on the currency pairs that you do not trade.
  4. Recognizes non-standard symbol names (with prefixes of suffixes).
  5. It sends emails and push-notifications to mobile devices.

You can test the functionality of the program by downloading the test version from the Comments tab


How to interpret the currency strength readings:

(here is an example of a currency strength for a bullish trend, for bearish - the value will be negative)

  • 0-2 – currency in a sideways movement (flat)
  • 3-4 – currency in a good trend movement, optimal for trading
  • 5-6 – very strong trend, possible correction

The greater the difference between the two currencies, the stronger the trend of the currency pair that includes these currencies.


Usage example:

  1. Signal of intersection of the strength lines of two currencies - a signal of trend change. It allows to take a large portion of the trend, but false entries are possible when the market is in a flat or when it has rapid price fluctuations. It is recommended to wait for the rollback for confirmation.
  2. By current readings of the strength, without using a signal (more reliable method). In the current strength window find the strongest currency (the greatest positive value of the trend strength) and the weakest currency (the greatest negative value of the trend strength). As a rule, the instrument including these currencies is in a very strong trend. It is necessary to wait for the correction to enter.

Please note!

The indicator signals should not be directly used for market entries!

As a rule, a strong trend will have already developed by the time a signal appears, therefore it is necessary to wait for the rollback and enter the market at the current or smaller timeframe based on the data from the other indicators, for example, the "Trend Monitor" indicator.


Parameters:

  • Counting bars – number of bars for history calculation
  • Symbol Prefix – the prefix for non-standard symbol name of the currency pair
  • Symbol Suffix – suffix
  • Color of UP-trend signal – arrow color of a bullish trend
  • Color of DOWN-trend signal – arrow color of a bearish trend
  • Size of Signal's Arrows (0 - disable) – size of the arrows, signaling the trend change (if =0 - not displayed)
  • Size of the Arrow of the trend's direction (0 - disable) – size of the trend direction arrow in the top right corner (if =0 - not displayed)
  • Color EUR, Color GBP, Color AUD, Color NZD, Color CAD, Color CHF, Color JPY,Color USD – colors of the strength lines of the 8 currencies in the indicator subwindow
  • ON/OFF – Sound when the signal – enable sound alerts
  • Sound of formation of the trend – trend change signal sound
  • ON/OFF - Alert / Mail / Push – messages in the terminal when a trend changes / E-mail / mobile devices

It is important to have complete historical data on 28 currency pairs, otherwise the indicator readings will be incorrect!

The indicator is able to download the historical data on its own. But it takes considerable time (up to 3 minutes, depending on the download speed). Therefore, to improve the indicator operation speed and to correctly display the data, it is recommended to run the free script «Download Quotes» before the first launch of the indicator, which automatically connects the instruments to the MarketWatch window of the terminal and downloads the historical data on 28 currency pairs for all timeframes.

This procedure needs to be done only once before the first launch of the indicator.

Avis 5
Fxpro Trader Technical
1091
Fxpro Trader Technical 2022.03.16 16:53 
 

I bought this indicator 5-6 years ago, and seller still updating and improved until today, very happy and please, superb and greatly appreciated. Thank you

Jerzy Zagorski
957
Jerzy Zagorski 2017.07.28 10:12 
 

Works well, good price

Aravind Kolanupaka
8975
Aravind Kolanupaka 2016.12.29 04:58 
 

Good indicator with currency cross over alerts.

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Le profit de la structure du marché change à mesure que le prix s'inverse et recule. L'indicateur d'alerte d'inversion de la structure du marché identifie le moment où une tendance ou un mouvement de prix approche de l'épuisement et est prêt à s'inverser. Il vous avertit des changements dans la structure du marché qui se produisent généralement lorsqu'un renversement ou un recul majeur est sur le point de se produire. L'indicateur identifie initialement les cassures et la dynamique des prix,
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
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Actuellement 20% de réduction ! Ce tableau de bord est un logiciel très puissant qui fonctionne sur plusieurs symboles et jusqu'à 9 horizons temporels. Il est basé sur notre indicateur principal (Best reviews : Advanced Supply Demand ).   Le tableau de bord donne une excellente vue d'ensemble. Il montre :  Les valeurs d'offre et de demande filtrées, y compris l'évaluation de la force de la zone, Les distances en pips vers/et dans les zones, Il met en évidence les zones imbriquées, Il donne
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Alexandr Lapin
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Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
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Mohamed Hassan
5 (4)
Promotion   for   24 hours only   with a   40%   discount on the original price!  Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you kno
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The "Spread Monitor" indicator allows you to analyze the spread change during the day, control the expansion of the spread by your broker and has a number of interesting additional features Choosing a broker with a minimum spread value is very important for the work of night advisors, scalping and intraday trading. However, the MT4 terminal does not store spread data, so the multifunctional "Spread Monitor" indicator will be useful for any intraday trader. Features: The indicator shows the cu
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Pavel Zamoshnikov
4.5 (2)
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge
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Pavel Zamoshnikov
4 (5)
Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
Filtrer:
271811
199
271811 2023.03.21 04:37 
 

I change my position on this indicator...its actually quite good when you learn how to use it properly

Fxpro Trader Technical
1091
Fxpro Trader Technical 2022.03.16 16:53 
 

I bought this indicator 5-6 years ago, and seller still updating and improved until today, very happy and please, superb and greatly appreciated. Thank you

Pavel Zamoshnikov
143674
Réponse du développeur Pavel Zamoshnikov 2022.03.16 20:51
Thank you!
Tim Eubanks
5762
Tim Eubanks 2018.02.23 08:40 
 

This indicator uses too much cpu, and the signals are not so good.

Shumin Huang
220
Shumin Huang 2018.01.14 10:37 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Ilya Krasheninnikov
363
Ilya Krasheninnikov 2017.10.11 14:27 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Jerzy Zagorski
957
Jerzy Zagorski 2017.07.28 10:12 
 

Works well, good price

Aravind Kolanupaka
8975
Aravind Kolanupaka 2016.12.29 04:58 
 

Good indicator with currency cross over alerts.

Répondre à l'avis
Version 1.732 2024.06.11
This version has been updated for the new terminal build
Version 1.731 2021.11.17
Fixed a bug that left the graphical panel if the indicator is loaded using a template.
Version 1.721 2017.03.29
Updated to the new terminal build
Version 1.72 2016.05.18
Fixed an unfortunate typo, which caused no signals to be available in real-time.
Version 1.71 2016.03.21
1. Updated calculation algorithm. The indicator now shows trend more stably, it does not react to minor movements.

2. new input "Signal Threshold" - difference in the strength of currencies, reaching which the indicator will produce a signal. This parameters sets indicator sensitivity to trend changes:
=1 - high sensitivity, early signal, more false signals during flat;
=2 - optimal sensitivity for the most of TFs;
=3 - low sensitivity, minimum of false signals, can be lagging (good for M1).

3. The indicator determines trend: if difference in currency strengths is below "Signal Threshold" - the current instrument is in flat.

4. The indicator shows the market state for the current instrument (trend/flat) using colored bars at the top of the subwindow.
Version 1.51 2016.03.01
Fixed a bug that prevented the indicator from calculating the history further than 2 000 bars.
Now, the maximum number of bars for the calculation is 10 000.

Please note!
As the indicator processes 28 currency pairs simultaneously, during the calculation of a significant number of bars the indicator may freeze for 1-3 seconds to initialize.