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Total Power Indicator puts a twist on the traditional Bulls Power and Bears Power indicators to provide a great trend reversal oscillator.

Home Page: https://www.earnforex.com/metatrader-indicators/TotalPowerIndicator/

License: GNU General Public License v3.0

MQL4 64.55% MQL5 35.45%
chart indicator forex forex-chart forex-trading mql4 mql5 mt4 mt5 metatrader

total-power-indicator's Introduction

Total Power Indicator

Total Power Indicator is a custom MT4/MT5 indicator coded by EarnForex.com. The indicator is based on an earlier version by Daniel "Asirikuy" Fernandez. It shows an improvised ratio of bulls and bears in a given market.

Total Power Indicator somewhat resembles other oscillator indicators. It supports multiple alert types.

Total Power Indicator shows a persistent uptrend on this CHF/JPY chart

More information about this custom MetaTrader indicator is available here: https://www.earnforex.com/metatrader-indicators/TotalPowerIndicator/

Any contributions to the code are welcome!

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