Trend Power Indicator is an indicator that helps to determine the direction of the trend and its strength using a zigzag model, moving averages and correlation of traded instruments. It provides data on the strength of trends in a user-friendly interface that can be easily and quickly read.

This indicator is configured by default for trading strategies from Adam Khoo (Piranhaprofit). The indicator saves a lot of time on searching for traded pairs according to its strategies. The indicator indicates when all the necessary moving averages are ordered (Price > 6EMA >> 18EMA >>> 50EMA > > > > 200SMA and so on). In addition, it indicates the number of correlated pairs by ordering the moving averages on these pairs.

• Determining the trend direction by determining the order of the moving averages on the trading timeframe and the higher timeframe;
• Determination of the friction force by determining the order of the moving averages on the trading timeframe and the higher timeframe;
• Definition  ZigZag pattern (higher high and higher low for bullish and opposite for bearish);
• Identification of correlation by determining the order of moving averages on correlated pairs;
• Calculation of the total number of correlated pairs with the base currency and the quoted currency;
• Calculation of the total number of correlated pairs with the base currency;
• Calculation of the total number of correlated pairs with the quoted currency;
• Calculating the strength of the trend as a numeric value;
• Powerful Email Notification System, Mobile Push and MT4 Alert Window;
• Unlimited scaling of the visual objects of the indicator for a better overview;
• Support for high-resolution (4K)screens;
• User-friendly interface;

[spoiler title=”Read More…”]

Please read this user manual to get the full information.

Since this indicator aggregates data from different timeframes and different currency pairs, it is impossible to fully test it in a standard tester. This indicator will be transferred to the MT5 terminal, where it can be fully tested.

MT5 Version: 

Join the Take profit Telegram channel to receive the latest news and updates.

If you need a new feature, please contact me.

Take profit!

[/spoiler]