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Power of GBP - MetaTrader 4용 지표

조회수:
16098
평가:
(14)
게시됨:
2020.04.06 12:21
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Power of XXX indicator description.


The indicator is showing relative actual strength of currency XXX.

The indicator calculates its value of close prices of 7 pairs containing currency XXX.

The indicator can be used for MEAN REVERSION based strategies.


Lets assume XXX YYY currency pair scheme where XXX is BASE currency and YYY is QUOTEcurrency.

Place Power of XXX into your chart first and Power of YYY second.

You can have 2 relevant situations.



  1. Indicators curves are close to each other. It means there is higher probability that the price of the pair XXX YYY will go UP.

    Do not take Power of .. signals separately from overall market situation (SR levels/zones and so on).   

UP



  1. Indicators curves are FAR from each other. It means there is higher probability that the price of the pair XXX YYY will go DOWN.

    Do not take Power of .. signals separately from overall market situation (SR levels/zones and so on).


DOWN

    Power of CHF Power of CHF

    Power of CHF indicator shows actual strength of currency CHF calculated of 7 pairs that contain CHF. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR CHF, USD CHF, GBP CHF, CAD CHF, AUD CHF, NZD CHF, CHF JPY.

    Power of EUR Power of EUR

    Power of EUR indicator shows actual strength of currency EUR calculated of 7 pairs that contain EUR. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR USD, EUR GBP, EUR JPY, EUR AUD, EUR CHF, EUR CAD, EUR NZD.

    Power of JPY Power of JPY

    Power of JPY indicator shows actual strength of currency JPY calculated of 7 pairs that contain JPY. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: USD JPY, EUR JPY, GBP JPY, AUD JPY, CAD JPY, NZD JPY, CHF JPY.

    Power of NZD Power of NZD

    Power of NZD indicator shows actual strength of currency NZD calculated of 7 pairs that contain NZD. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR NZD, GBP NZD, AUD NZD, NZD USD, NZD CAD, NZD JPY, NZD CHF.