Power of CAD - indicator for MetaTrader 4

[khatoo]

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.

 

[Johno2017]

this sounds complicated. do you have any screenshots of trdes it has given u?

 

[harbysons]

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.

it will be Generous if a user manual is provided