Trend Power System is an indicator strategy with dynamic channel support / resistance levels. Can be used on any currency pairs and all time frames. But I would still prefer the H1. There, I think, more reliable signals.
Characteristics of Trend Power
- Type of strategy: Indicator
- Platform: Metatrader4
- Currency pairs: Any, recommended Major
- Trading Time: European session and Around the clock for H1 and higher
- Timeframe: M5 or higher, recommended H1
- Recommended broker: Etoro
Rules of entry into the market by Trend Power System
Long entry:
- Appeared blue arrow up (better if at this time the price is near the bottom of the green line of the channel)
- Yellow star indicates a strong signal
Exit, when a signal of the opposite, when you see a red arrow or the price reaches the upper green channel boundaries.
Short entry:
- Appeared red arrow bottom (better if at this time the price is near the top of the green line of the channel)
- Yellow star indicates a strong signal
Exit, when a signal of the opposite, when you see a blue arrow or the price reaches the bottom of the green border of the channel.
In the archives Trend_Power.rar:
- channel-signal.ex4
- FerruFx_Multi_info THV(2).ex4
- Fibonacci Pivots THV.ex4
- trendpowercurve.mq4
- trendpowervisual.ex4
- trendpower.mq4.tpl
- Trend Power Manual.pdf
